THP Announces New CEO, Confirms to Fulfill Commitments with Customers and Partners

On the afternoon of April 11, Tan Hiep Phat released an announcement about the case of Qui Thanh Tran and Phuong Uyen Tran. The company representative said that the incident related to the founder and the longstanding CEO of Tan Hiep Phat certainly affected the company's operation. However, with the management system and team built over the years, with its responsibility, Tan Hiep Phat will make every effort to minimize the negative effects on the company and its partners.

"Currently, Tan Hiep Phat Company has thousands of direct employees, tens of thousands of partners in the supply chain, consumption, construction, and transportation, and tens of thousands of tea and herb farmers across the country.

In the past three years, while participating with the State in fighting the pandemic, despite many difficulties, Tan Hiep Phat Company still makes efforts and even sacrifices immediate benefits to ensure 100% of its employees neither lose their jobs nor suffer salary cuts. Thereby, it creates jobs and stable income for partners such as constructors, transporters, distribution channels, suppliers, and farmers. Despite the pandemic, Tan Hiep Phat Company has contributed more than VND 3,000 billion to the state budget in three years. Tan Hiep Phat Company has 14 consecutive years holding the title 'National Brand product', supplying products throughout 63 provinces and cities in Vietnam and exporting to more than 16 countries, including markets that require high standards such as Japan, the US, and Taiwan. Every year, the company spends tens of billions of dong on social and charity work. We have been and will continue to invest to build Tan Hiep Phat Company into a leading Vietnamese enterprise in the Asian beverage industry. We are continuing to expand our investment in other fields. Tan Hiep Phat Company believes in the investment and business environment in Vietnam. Tan Hiep Phat Company determines that its existence is not only for itself but also a responsibility to the society, to the community, to the people involved", Tan Hiep Phat's announcement emphasizes.

Illustrative image

Tan Hiep Phat's announcement confirms that the transactions of individuals in the mentioned incident are not related to the activities of the company. Tan Hiep Phat Company always believes in the fairness of the legal authorities in resolving cases. The company believes in the neutrality of the mass media, customers, and partners when evaluating the incident.

Despite the difficulties, the company still affirms its commitment: ensuring product quality as announced, protecting consumers' interests; maintaining operations, ensuring jobs and incomes for employees, partners, and farmers growing raw materials; continuing to contribute to the state budget and to charity. Especially, Tan Hiep Phat Company ensures to continue to maintain and comprehensively fulfill its commitments to customers, domestic and foreign partners, and charity programs such as raising orphans who lost their parents due to COVID-19.

David Riddle - New CEO of Tan Hiep Phat Group.

Also in the announcement issued on the afternoon of April 11, Tan Hiep Phat said David Riddle had assumed the role of CEO, the legal representative of Tan Hiep Phat Company. David Riddle has extensive management experience in big corporations around the world. He has been involved in the operation of Tan Hiep Phat Company for more than 13 years as Vice Chairman of the Board of Directors and plays an important role in the development of Tan Hiep Phat Company.

Tan Hiep Phat's centennial vision: Dive in Challenges to Assess Independent Viability Growing up with Tan Hiep Phat, Phuong Uyen Tran, the group's Deputy CEO, is passionate about her parents' lifelong legacy. To build a business that ...

Tan Hiep Phat Digitizes Purchasing Activities to Enhance Operational Capacity The operation of SAP Ariba is one of the key projects in Tan Hiep Phat's digitization strategy from 2021 - 2026 to improve organizational capacity. ...

'Keep Step Forward, You'll Reach Your Targets, Keep Going, There will be Paths' Tan Hiep Phat's Deputy CEO Phuong Uyen Tran delivered a talk on "Connecting love" (Humanitarian Television broadcast on VTV1 in February 2023) with Ngoc Anh ...