During national economic renovation and integration, Phong Chau Co. Ltd views exportation as its key business line. Together with utilizing state policies to facilitate business, the company has also built up relationships with its partners. As a result, the company is consolidating and heightening its reputation.
Set up in 1994, Phong Chau Co. Ltd specialises in exporting handicrafts, wooden articles, apparels and footwear to South Korea, Japan and Europe.
Traditional handicraft articles made from bamboo, rattan, reed and duck weed are popular products. Regarding wooden products, the company focuses on manufacturing foldable outdoor table sets, floor planks, and furniture. In apparel and footwear, the company mainly manufactures worker safety items such as canvas shoes, leather shoes and slippers. Trading its apparel and footwear inventory is another strong business of Phong Chau Co. Ltd.
Phong Chau Co. Ltd focuses on extending business to strong markets. The firm often showcases products at international trade fairs such as Las Vegas, Chicago, Lifestyle, Ambiente, GDS, Hanover (Germany) Tokyo show (Japan) and trade fairs in Spain, Sweden and Dubai.
To date, LPC-trademarked handicraft and wooden products and Vietshoes-branded footwear and apparel have been exported to more than 30 countries and territories.
In 2008, Phong Chau Co. Ltd will begin exporting products to the US. The company has actively participated in trade fairs in this country, such as the annual Las Vegas footwear trade fair and Chicago furniture trade fair. It will also focus on researching and developing product designs and styles fitting US market demand. The company has set up a representative office in Chicago.
Besides, the company also calls foreign investment capital. Phong Chau Co. Ltd is developing joint ventures with Spanish, Chilean, Mexican, South Korean and Singaporean firms to invest in hotel operations, woodwork processing and production, and industrial zone development and operation. Several foreign-led firms have become long-term partners of the company, including Oasis (Spain), TMC (Taiwan, China), Guco (South Korea) and Intermas (Spain).
At present, Phong Chau Co. Ltd is developing a retail network for imported products and is working with South Korean and Singaporean companies to provide industrial zone services.
Thanh Trung