tổng công ty
Definition
- Noun:
- General corporation / Parent corporation: A large business entity that leads and manages multiple subsidiary companies operating within a specific economic sector or industry. It functions as a holding company or a group headquarters.
- State-owned general corporation: In Vietnam, this term historically and commonly refers to a large, state-owned economic group comprising numerous member companies and units under a centralized management structure.
Usage Examples
- Noun:
- Tổng công ty này quản lý năm công ty con. (This general corporation manages five subsidiary companies.)
- Tổng công ty Dầu khí Việt Nam là một tập đoàn kinh tế lớn. (The Vietnam Oil and Gas General Corporation is a large economic group.)
- Họ làm việc cho một tổng công ty xây dựng. (They work for a construction general corporation.)
Advanced Usage
- The term is often part of the official names of large Vietnamese state-owned enterprises (SOEs), especially those established before the common use of "tập đoàn" (corporation/group).
- It implies a higher level of consolidation and broader operational scope than a single "công ty" (company).
Variants and Related Words
Công ty mẹ (n): Parent company. A company that controls other companies through ownership of their stock.
- Công ty mẹ đặt ra chiến lược chung. (The parent company sets the overall strategy.)
Tập đoàn (n): Corporation, group, conglomerate. A large group of diverse companies under centralized control, often seen as a modern equivalent or successor to a tổng công ty.
- Tập đoàn công nghệ đó có mặt trên toàn cầu. (That technology conglomerate has a global presence.)
Công ty con (n): Subsidiary company. A company controlled by a parent company.
- Mỗi công ty con có giám đốc điều hành riêng. (Each subsidiary company has its own CEO.)
Synonyms
- Holding company: A company created to buy and own the shares of other companies, which it then controls.
- Group headquarters: The main office of a corporate group.
- State economic group: (Specific to the Vietnamese context) A large state-owned industrial and commercial group.
Related Terms
- Liên hiệp các xí nghiệp (n): Association of enterprises. An older term for a union or association of manufacturing units.
- Ngành kinh tế (n): Economic sector. Refers to a specific segment of the economy, such as energy, telecommunications, or construction.