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Garment joint-stock Company 10 affirming the strong trademark


Garment joint-stock Company 10 is one of the Vietnamese leading garment entrepreneurs that affirm the strong trademark on the market. With the total export value of more than 100 millions USD per year, the products of Garment joint-stock Company 10 have not only won the high market share on the domestic market but also on the European, US, Japanese, Hong Kong and Korean markets. The Company guarantees stable work for 7.500 – 8.000 laborers with the annual income higher than the previous year, pays enough taxes for the State, increases its income and dividend.
 
Garment joint-stock Company 10 has 17 member-enterprises now; 12 enterprises among them have created work for 4.400 laborers in rural areas in the provinces: Thai Binh, Nam Dinh, Hai Phong, Thanh Hoa and Quang Binh. The Company has been strongly investing in producing the shirts for men and vestons - 2 categories of high quality products according to the international rank. The Company now has 9 enterprises specializing in garment vestons to export to European, US, Japanese and Hong Kong markets. Especially, Garment joint-stockCompany 10 has produced AOYAMA (Japan) brand-name vestons that cost 500 USD to 1000 per set; the shirts trademarked “Vangraff”, “Jacques Britt”, “J.C Penny”, “Gillberto” for men with the prices of 80 Eu to 100 per piece. Thanks to its high quality products, beautiful samples that satisfy the customers, the Company may achieve its domestic sales of 100 billions VND, up 50% from the last year, accounting for about 20% of total turnover of the Company this year.

Garment joint-stock Company 10 has consecutively invested in the new technology to guarantee to produce the international quality products, increase the productivity, reduce consumption of the materials and energy in order to lower the prices, increase the competitiveness and the profit. The Company invested over 70 billions VND in expanding Bim Son Garment Enterprise in Thanh Hoa province; finishing the project on 2 garment line addition to Ha Quang Garment Enterprise in order to create stable work for 70 laborers; overall equipping the machines, the equipments used in the enterprises garment shirts for men, vestons and trousers to increase the productivity twice higher than before. Therefore, the Company changed the production time from 2 shifts a day into a shift, not only lowering investment capital (-30%) but also increasing 8 – 10% of productivity. The Company has implemented many investment projects valued of more than 200 billions VND to overall equip high technological machines and equipments and improve the production capacity.

Garment joint-stock Company 10 was entrusted to build and manage Vinh Bao veston enterprise that has its capital of 65 billions VND by Vietnam Textile and Garment Group. The Company built and has strictly applied the quality management system ISO 9001–2000, has guaranteed the working condition in accordance with SA 8000, has made sure of the environment control according to ISO 14000 and has satisfied the severe requirements of the leading apparel distributors in the world. The Company and its member-enterprises have successfully applied many technical solutions to production, applied the software to professional management, products design, production management and brand-name popularization. Garment enterprise No 2 under the Company has the highest working productivity; the productivity on average of each laborer was raised from 18-20 products to 24-26, saving 1.77 billions VND each year. The garment enterprise No 5, the veston garment enterprises No1 and No2 contributed 400 millions VND to 800 to the public property … The company’s technical department applied the advanced technique to the specialty work, saving 32.695 meters of fabrics; contributing to reduce production costs; increasing profit of the Company and income of the laborers over the 6 last months.

Considering human resources as a decisive element in the success, the leaders of Garment joint-stock Company 10 has attacked special importance to the training, retraining courses in order to continuously improve the ability of management, the technique, the specialty and the professional skill of the cadre and workers. Last year, Garment joint-stock Company 10 invested over 2 billions in opening the classes of Trade, Labor, Economic Laws for 1.116 people to improve the knowledge of Vietnamese and international laws. The Company also appointed hundreds of cadre to go sightseeing, learn the experiences from home and foreign partners; has reasonably paid salary and bonus for the laborers in order to encourage them to ceaselessly study, try to improve the specialty and the working skills. The laborers, who have high qualifications and significantly contribute to the Company, have been paid wages three times higher than the average level of the Company. Garment joint-stock Company 10 also spent over 3 billions VND for 4.380 cardre and workers on going sightseeing and going on holiday. These activities have played an important role in building the entrepreneur culture according to the Company’s motto: “Each member being active, responsible, strong and creative in working and doing business, together building and firmly developing 10 Garment Company”.

                                                                                          By Hong Phoi
                                                                                               (Vinatex)
 


Date : 03/09/2008
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