TH Food Chain JSC - Entrepreneur of the Year
Company: TH Food Chain Join Stock Company, Nghe An, Viet Nam
Entry Submitted By: TH Group Joint Stock Company
Company Description: TH Group has been the leading supplier of fresh and clean milk in Viet Nam. TH has meditated upon bringing about the nature's pure and fine values to contribute to the physical and mental improvements of the people of Viet Nam. This mediated vision is the momentum on which a noble mission "For Vietnamese Statue" has thrives on to join hearts and minds for the development of the next generations.
Nomination Category: Entrepreneur Categories
Nomination Sub Category: Entrepreneur of the Year - Food & Beverage
Nomination Title: Madam Thai Huong: Noble Philosophy Driving Business Success
Tell the story about what this nominated entrepreneur has achieved since January 1 2017 (up to 650 words). Describe the impact he or she has had on your organization. Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms.
Madam Thai Huong: Noble Philosophy Driving Business Success
Ms. Thai Huong is known as an enterprising woman with a very kind heart. She has developed the famous TH brand name for “True Happiness” based on the key value of “For the health of people”.
In Vietnam, Ms. Thai Huong has pioneered in building the country’s clean and organic agricultural sector via the application of high technologies in a high-tech concentrated dairy and fresh milk production project commenced in 2008.
This dairy project has been certified as the biggest farm with high-tech application in Asia, with 45,000 dairy cows. It has helped print Vietnam’s milk industry in the world’s milk map.
Currently the “TH true MILK” branded products are accounting for more than 40 per cent of Vietnam’s fresh milk market share. TH has also been implementing the School Milk Program - For the health of Vietnamese people.
The late Israeli President Shimon Peres told Ms. Thai Huong during his visit to Vietnam and TH Group that “You have created a milk revolution in Vietnam”. The US’ Forbes has put her into the list of top 50 most powerful women in Asia within many consecutive years, because of her great contributions to Vietnam’s milk sector.
In 2016, Ms. Thai Huong won a prize of “Outstanding achievements for contributions to the community” in UAE’s Dubai city. She was also presented by the Los Angeles Women Association with the prize of “Global Commercial Ambassador”. TH true MILK products have also won the national golden award for many consecutive years.
Under her leadership, other TH projects have become big brand names, such as TH True Care, TH True Herbal, and TH School.
Her dream of bringing TH’s organic milk and products to the world is being realized. When Russia was embargoed, TH entered this market by its gigantic $2.7 billion high-tech concentrated dairy and fresh milk and foodstuff production project, which will be implemented in 10 years. This farm received the first 1.100 cows in January 2018. Currently, Ms. Thai Huong’s dairy farm is generating jobs for more than 5,500 people.
She consistently pursues sustainable development. The most recently, in 2017, she leads the implementation of many big projects, including:
- Launching herbal superfood drinks under the brand “TH true HERBAL”.
- Producing nut-based milk products with high nutrition value and without refined sugar, which will help control chronic non-communicable diseases.
- Producing organic milk and other organic products: taking the lead in developing Vietnam’s high-tech agricultural sector and in applying international organic standards in Vietnam.
- Implementing a sustainable development projects in all enterprises under the group. Constructing a safe foodstuff eco-system; developing under-forest economic activities, protecting land, water and the living environment.
Ms. Thai Huong focuses herself in protecting the nature, with the strong well-known message: “Treasure the Mother Nature, who give us everything”.
In bullet-list form, briefly summarize up to ten (10) of the chief accomplishments of this nominated entrepreneur since the beginning of 2017.
Some achievements of Madam Thai Huong in 2017:
Responsible Leadership Award (AREA) – recognized by Enterprise Asia
Asia Pacific Entrepreneurship Award (APEA) - recognized by Enterprise Asia
Most Inspirational CEO of the Year by – recognized by International Finance Magazine (IFM)
Global Commercial Ambassador – recognized by the Los Angeles Women Business Association.
Gulfood Outstanding Achievement Award recognized by Gulfood Awards for her contribution in building a clean fresh milk industry in Viet Nam.
Some awards of TH products in 2017:
Vietnam Golden Quality Award for TH Group’s TH true MILK-branded products
Best Health Education Initiative Award - recognized by Gulfood Awards
Best New Frozen or Chilled Food - recognized by Gulfood Awards
TH true Milk organic – “Best new product” at the 26th International Food Exhibition
TH true Herbal - Gold Award at the Tasting Contest of 26th International Food Exhibition