On the afternoon of October 11, 2024, at Rex Hotel, Ho Chi Minh City, the Ho Chi Minh City Business Association held a ceremony to commemorate the 20th anniversary of Vietnam Entrepreneur Day (October 13, 2004 – October 13, 2024) and to honor outstanding enterprises and entrepreneurs of Ho Chi Minh City for 2024. Recognizing the entrepreneurial community’s innovative and sustainable spirit, the People’s Committee of Ho Chi Minh City officially recognized 93 enterprises and 84 entrepreneurs as outstanding for 2024.

During the ceremony, the Ho Chi Minh City Business Association announced that FAHASA Corporation was honored as an Outstanding Enterprise of Ho Chi Minh City. Additionally, Mr. Phạm Minh Thuận, Chairman of the Board of Directors of FAHASA Corporation, was recognized as an Outstanding Entrepreneur of Ho Chi Minh City in 2024.
This prestigious title, awarded biennially by the People’s Committee of Ho Chi Minh City, acknowledges enterprises and entrepreneurs who excel in production and business activities, contribute to the city’s economic development and embrace innovation to enhance productivity and economic, cultural, and social impact. The recognition emphasizes innovation, long-term strategic planning, and commitment to sustainable green economy initiatives. Special consideration was given to companies that excel in digital and green transformation, helping them grow and contribute to the development of Ho Chi Minh City and Vietnam.

The selection criteria for Outstanding Enterprises and Entrepreneurs of Ho Chi Minh City are stringent, ensuring that only the best are honored. At the ceremony, the People’s Committee of Ho Chi Minh City also awarded FAHASA Corporation a Certificate of Commendation for its significant contributions to the activities of the Ho Chi Minh City Business Association and social charity efforts from 2004 to 2024.

FAHASA Corporation extends its heartfelt gratitude to the leadership of the People’s Committee of Ho Chi Minh City and the Ho Chi Minh City Business Association for their support and encouragement, enabling FAHASA Corporation to successfully fulfill its mission of promoting a reading culture.
FAHASA Corporation




Related posts
Celebrating FAHASA’s 50-Year Journey of Growth and Development (August 6, 1976 – August 6, 2026)
On the morning of August 6, 2026, at THISKYHALL Convention Center, Ho Chi Minh City Book Distribution Corporation – FAHASA solemnly held its 50th Anniversary Celebration (1976–2026), marking a significant milestone in the company’s journey of establishment, growth, development, and service to the community. On this meaningful occasion, FAHASA was honored to receive the First-Class Labor Order, along with other prestigious awards and commendations from the Party, the State, and the Government. These honors recognize FAHASA’s persistent efforts and significant contributions to business development, the promotion of reading culture, and community service. As part of the anniversary celebration, Mr. Pham...
FAHASA – Hành Trình 50 Năm Phục Vụ Cộng Đồng, Lan Tỏa Tri Thức
Over the course of 50 years of establishment and development, FAHASA has remained steadfast in its mission of “Serving the Community – Spreading Knowledge,” continuously innovating and growing to bring books and knowledge closer to readers. During its 20 years of operation under the joint-stock company model (2006–2025), FAHASA achieved many remarkable results. In 2025, the Company recorded revenue of VND 4.228 trillion, representing a tenfold increase compared with 2005. Profit and contributions to the State Budget increased by more than 30 times; the number of bookstores grew tenfold; total retail space expanded fifteenfold; the number of books and cultural...
The Successors Behind a VND 4.2 Trillion Bookstore Empire
The leadership transition is taking place at a time when FAHASA is restructuring its operating model and accelerating the adoption of technology, while readers’ purchasing habits continue to evolve significantly. After 50 years of development, FAHASA’s bookstore network is entering a generational leadership transition. The responsibility of managing this multi-trillion-dong enterprise is gradually being handed over by Chairman Pham Minh Thuan to his two sons: Pham Nam Thang, Vice Chairman of the Board of Directors and General Director of FAHASA Retail, and Pham Minh Nhat Hung, Head of Marketing. This transition comes as FAHASA is undergoing a comprehensive operational restructuring...