Taseco Group marks 20th anniversary, receives Second Class Labor Medal

By Thai Ha
Sun, December 28, 2025 | 12:55 pm GMT+7

Taseco Group in December 20 celebrated its 20th anniversary and received the Second Class Labor Medal – a prestigious award from the Party and State recognizing the company's outstanding contributions to socio-economic development.

Deputy Prime Minister Nguyen Chi Dung presents the Second Class Labor Medal to Taseco at a ceremony on December 20, 2025. Photo courtesy of the company.

Deputy Prime Minister Nguyen Chi Dung presents the Second Class Labor Medal to Taseco at a ceremony on December 20, 2025. Photo courtesy of the company.

At the anniversary ceremony held at the National Convention Centre in Hanoi, Nguyen Cong Bang, head of Hanoi’s Emulation and Commendation Board, announced the decision to confer the award on the corporation.

Chairman of Taseco Pham Ngoc Thanh said the group’s achievements were built on the collective efforts of generations of employees and support from regulators, partners, and customers.

He said Taseco would continue to innovate, improve service quality, and professionalize its management to pursue sustainable growth and long-term value for stakeholders.

Founded in 2005 with its first Lucky restaurant at Noi Bai International Airport, Taseco has grown over two decades into a diversified private group with core businesses in non-aeronautical airport services and real estate. Its main operating arms are Taseco Airs and Taseco Land.

In airport services, Taseco Airs operates at seven international airports nationwide with more than 150 outlets. The company has nine subsidiaries and affiliates and employs more than 2,300 people, building an integrated ecosystem of airport services.

Illustration of Taseco's Long Bien Central project.

Illustration of Taseco's Long Bien Central project.

Taseco Airs listed on the Ho Chi Minh City Stock Exchange (HoSE) in 2018 under the ticker AST. As of December 20, 2025, it had charter capital of $450 billion ($17 million) and a market capitalization of more than VND3.4 trillion ($129.3 million).

Its portfolio includes restaurants, fast-food outlets and souvenir shops featuring both domestic and international brands, as well as premium airport lounges operated in partnership with banks such as Vietcombank, Techcombank, and Nam A Bank.

The company also provides airport advertising and passenger meet-and-greet services, serving millions of travellers each year.

Taseco entered real estate in 2007 and established Taseco Land in 2009. The developer is now present in more than 14 provinces and cities, with a workforce of over 600 staff.

It is developing more than 30 projects nationwide, with a land bank exceeding 1,000 hectares, spanning urban housing, industrial property, and resort developments.

To strengthen its value chain, Taseco Land has invested in construction capabilities through subsidiaries Icon4 and Ikcons, allowing greater control over quality and project timelines, and has expanded post-investment property management services.

In 2025, Taseco Land listed on the HoSE under the ticker TAL. As of December 20, 2025, it had charter capital of VND3.6 trillion ($136.9 million) and a market capitalization of more than VND17.6 trillion ($669.4 million), placing it among Vietnam’s leading property developers.

Alongside its business activities, Taseco has emphasized corporate social responsibility as a core part of its culture. Over the past 20 years, the group has contributed more than VND200 billion ($7.6 million) to charitable and social welfare programs.

“With a solid foundation in place, Taseco is confident of continuing its growth journey and pursuing higher goals,” the company said.

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