Philip Morris International has been a business partner of Vinataba in Vietnam since 1994. Through this strategic partnership, we have been able to provide significant international expertise to enhance the competitiveness and efficiency of our joint venture - Vinataba - Philip Morris (VPM). Besides over 500 employees of VPM, we indirectly create job opportunities and income sources for tens of thousands of trade partners across the country.
Since 2012, our joint venture has entered the national Large Tax Payer’s Club of enterprises contributing to the State budget over VND 1 trillion per annum. We also hold consistently the top tax payer slot in Can Tho accounting for 20% of Can Tho’s budget since 2013.
As part of our commitment to Vietnam, Philip Morris International and its affiliate Vinataba - Philip Morris Limited support sustainable community development programs in Vietnam, including Can Tho City - our manufacturing base - and other provinces nationwide. Our focus areas include access to education, economic opportunity and empowering women, along with emergency disaster relief & rehabilitation, disaster preparedness and community development grants.
Since entering Vietnam in 1994, we have spent about VND 33.2 billion (equivalent to USD 1.6 million) for Corporate Social Responsibility programs. To date, we have given 350 Red Cross Compassion Houses to poor households in Central Vietnam and Can Tho, helped building 2 schools in Phu Yen Province and Can Tho City, provided water supply for 1,100 households,