Amway honored at ASEAN Award 2024

Regional Awards

The 5th ASEAN Economic Forum was organized by the Vietnam - ASEAN Entrepreneurship Development Research Institute in Singapore on May 18. This is an annual program held in countries in the region. Within the framework of the program, the ASEAN Award 2024 announcement ceremony took place to honor typical ASEAN enterprises, famous ASEAN brands and good ASEAN Entrepreneurs - Managers. With 2 honors, including the ASEAN Typical Enterprise Award for Amway and the ASEAN Famous Brand Award for the Nutrlite brand, Amway has affirmed its role in the process of socio-economic development, contributing to enhancing the position of the Vietnamese economy in the international arena.

Amway Vietnam representative (2nd from left) received the award at the ASEAN Award 2024 Announcement Ceremony

ASEAN Outstanding Enterprise

To participate in the forum and be recognized as an ASEAN Outstanding Enterprise, enterprises must meet all the strict criteria of the organizing committee. First of all, enterprises must have made positive contributions to the peaceful, secure and stable environment of the region, and at the same time achieve business and production growth in the last 3 years. In addition, there are factors such as competitiveness, sustainable integration, and human resource development strategies to meet integration requirements. The award also sets out an extremely important criterion that enterprises ensure economic development associated with environmental protection, fulfill social responsibilities, promote community awareness and ASEAN identity.

Present in the Vietnamese market since 2008, Amway has gradually conquered customers, affirming its position with Vietnamese consumers. Amway has built for itself a solid internal potential with 300,000 distributors, forming a strong network of partners, cooperating for development. The result after 15 years of development is that Amway Vietnam is proud to be in the Top 10 markets with the highest revenue globally in 2023.

At Amway, innovation is one of the top priorities. Amway is one of the pioneers in applying digital technology to serve business and management towards sustainable development of the enterprise. Since 2018, Amway has invested and developed the Digital Ecosystem synchronously with an investment of more than 500 million USD to support distributors' business to be more effective and convenient...

Amway with the ASEAN Outstanding Enterprise Award and Nutrilite with the ASEAN Famous Brand Award

In addition to business development, Amway is also steadfast in pursuing green economic development to create sustainable values ​​and support the community. From 2015-2021, Nutrilite cooperated with the Ministry of Health to implement the Power of 5 program to improve the nutritional status of children under 5 years old, and educate and raise awareness about child nutrition. In addition, Amway also organizes communication activities to raise consumer awareness of health, inspire and motivate consumers to build good habits and use natural nutritional products...

Famous ASEAN Brand

In addition, with a 90-year history of development, conquering global consumers, the Nutrilite brand was once again honored in the region with the ASEAN Famous Brand award. Nutrilite products use raw materials from farms with a total area of ​​over 2,500 hectares, certified organic by Amway. Each Nutrilite product is analyzed and tested 200 times before mass production, passes more than 500,000 independent quality tests each year and undergoes a rigorous packaging process before reaching consumers. By owning more than 150 patents for breakthroughs in products, packaging and technology, Nutrilite is proud to have created a safe and effective product line that helps the brand realize its commitment to bringing international quality products.

Mr. Huynh Thien Trieu - General Director of Amway Vietnam shared: "Participating in the ASEAN Economic Forum is an opportunity for Amway to exchange and share experiences with businesses in the region. This is also an opportunity for Amway to introduce scientific breakthroughs in the product manufacturing process, as well as pioneering steps in applying technology in management and business. With the achievements we have made, we are confident that we will maintain sustainable business activities, contributing to a strong and prosperous Vietnam."

The recognition at the ASEAN Award 2024 has affirmed the quality and reputation of Nutrilite in particular and Amway in general, increasing the competitiveness of the brand in the region. The award is both a recognition of Amway's achievements and efforts over the years, and a motivation for Amway to continue researching and developing products, reaching further in its mission to help people have a better, healthier life.

Source: https://thanhnien.vn/amway-duoc-vinh-danh-tai-asean-award-2024-185240523101149748.htm