On the evening of January 18, the ceremony of announcing the Top 500 largest enterprises in Vietnam in 2023 (VNR500) was organized in Ho Chi Minh City.

This is the 17^th consecutive year that Vietnam Report and VietnamNet Newspaper have announced the VNR500 Ranking to recognize and honor the worthy achievements of businesses with large revenues, maintaining effective and stable production and business activities. Using an objective, transparent, and scientific method with the platform of the Fortune500 evaluation model, businesses are ranked based on the criteria of revenue, profit, assets, growth rate, labour scale,  media reputation, etc., in which revenue is the most important criterion.



With nearly 40 years of its establishment and development, CADI-SUN shows its continuous growth as it continues to be honored among the Top 500 largest enterprises in Vietnam. Sharing this joyfulness, the Company's leaders said that all employees were very happy and proud to receive the information from the VNR500 organizing committee. This will certainly be a great source of motivation for CADI-SUN to be more confident in the journey ahead.

In 2023, the business community has undergone a difficult time due to the influence of world political and economic instability. In that context, CADI-SUN has continuously strived to maintain stable production and business activities, completing the year's economic targets relatively well. The product "Good wires, Durable cables" is diverse in types, meeting the requirements of domestic and foreign markets. Some products such as medium-voltage cables, civil wires, control cables, fire retardant cables, fireproof cables, etc., have good sales compared to the same period in 2022. The enterprise has stabilized human resources and ensured salaries as well as bonuses for nearly 700 employees and workers. Luong Dien industrial cluster (Hai Duong province) is filled with businesses and operates effectively, contributing to stabilizing the lives of employees and workers.

Entering the year of 2024, the economic situation is forecast to improve. With the target of sustainable development, CADI-SUN is steadfast in its three-best policy: "The best policy, the most reasonable price, and the most perfect service". In addition to the European standard equipment and production line system, the business continues to promote digital transformation and apply science and technology to improve product quality and save human resources as well as production costs. Although there are still many challenges ahead, CADISUN’s staff, employees, and workers will constantly strive and unite to bring the CADI-SUN brand further and further, worthy of the trust and love of consumers.
 

CADI-SUN is one of the leading brands of electric wires and cables in Vietnam. The enterprise has 03 large factories, 01 industrial cluster, 01 member company in Hanoi and Hai Duong; 06 branches with hundreds of agents and thousands of customers nationwide. Product "Good wires, Durable cables" bear the same quality as imported products because clean supplies and raw materials are imported directly from the London Metal Exchange (LME) with Cathode copper content reaching 99.99%, and aluminum reaching 99.7%. Along with a contingent of qualified and experienced engineers, the enterprise has a system of modern lines and equipment invested synchronously in the method of technology transfer from advanced countries around the world.