Lucky Star Electric Cable Joint Stock Company and its CEO, Phan Tien Dat, recently received dual recognition as a "typical Ho Chi Minh City enterprise 2026" and a "typical Ho Chi Minh City entrepreneur 2026". The Ho Chi Minh City Union of Business Associations (HUBA) organized the awards ceremony on 13/10, coinciding with the 22nd anniversary of Vietnam Entrepreneurs' Day.
Phan Tien Dat described this double honor as a significant milestone for both himself and the company. He emphasized that this achievement reflects the collective efforts of all staff and employees, from production and quality inspection to customer service.
The awards program, a HUBA initiative, recognizes individuals and organizations that have significantly contributed to the economic and social development of Ho Chi Minh City. The "typical Ho Chi Minh City enterprise, entrepreneur 2026" title adheres to selection regulations outlined in Decision No. 3921/QD-UBND, issued on 29/6. Each recognition period limits awards to no more than 100 organizations and 100 individuals, representing various fields and professions.
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A Lucky Star representative receives the "typical Ho Chi Minh City enterprise 2026" title. *Photo: Lucky Star* |
The selection process is rigorous, involving multiple steps: preliminary screening, final rounds, and review and appraisal of dossiers, with the participation of management agencies. The organizing committee stressed objectivity, transparency, and adherence to established criteria before submitting recommendations to the competent authorities for final approval.
A HUBA representative highlighted that the new regulations focus on innovation, digital transformation, green transition, and sustainable development aligned with ESG principles (environmental, social, governance). Business results are assessed alongside management capacity, legal compliance, labor policies, and community responsibility. Entities that receive the title gain priority participation in trade promotion programs, investment connections, and business forums.
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CEO Phan Tien Dat receives the "typical Ho Chi Minh City entrepreneur 2026" title. *Photo: Lucky Star* |
Lucky Star's journey began in 1988 as Thuan Phat. Starting as a small venture, the enterprise gradually expanded its operations, developing products for residential and industrial electricity. In 1991, the Lucky Star and Fadaco brands were successfully launched into the market.
After 38 years of operation, the company now runs a 20,000 m2 factory in Ho Chi Minh City, featuring investments in modern machinery and automation for production. Currently, Lucky Star serves over 7,000 customers across 30 provinces and cities. Branches in Da Nang and Can Tho support supply to the Central, Central Highlands, and Mekong Delta regions, complementing the Ho Chi Minh City market.
Given its large customer base, Lucky Star aims to maintain consistent quality, proactively manage supply, and meet delivery schedules. Alongside expanding distribution, the company invests in product inspection and inter-departmental data coordination. Under the leadership of CEO Phan Tien Dat, the company focuses on enhancing production capacity, applying management technology, and expanding its market. In 2025, the company upgraded its inspection laboratory to improve product quality control.
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The Lucky Star team at the International Electric Wire and Cable Exhibition, held at SECC (Ho Chi Minh City) on 24/6. *Photo: Lucky Star* |
The company also integrated 3D Hologram anti-counterfeit stamps and QR codes to help buyers easily identify and trace product origins. In management, an enterprise resource planning (ERP) system supports purchasing, inventory, and production planning. A customer relationship management (CRM) system aids sales and consumer care.
According to Dat, data connectivity is a suitable solution in the modern business landscape, helping the company easily track orders, coordinate supply, and process customer information. Lucky Star also implements access permissions, protects information, and standardizes operational processes. Regarding the environment, the company uses electric delivery vehicles, electric forklifts, and optimizes routes for delivery and internal transportation. In addition to caring for employee well-being, Lucky Star also implements gift-giving programs for disadvantaged local residents.
(Source: Lucky Star)
