Vina Korea Co., Ltd is the first to locate in Khai Quang Industrial Park in Vinh Phuc province. After seven years of construction and development, the company has become a leading garment exporting trademark in Vietnam. In 2008, the firm made revenues of US$14,100,000 and employed more than 4,600 workers.
Following brief introductions from authorities of Vinh Phuc province, we paid a working visit to outstanding Vina Korea Co., Ltd in the summer of 2009. Mr. Jay Lee, CEO of the company, received us. After Korea-styled polite handshaking and greeting, he gladly told us the history of an exemplary Korean business in Vietnam. He said the road to the success of Vina Korea is built on endless efforts, activeness, innovation and consensus of all staff and managers. And above all is the friendship between the two peoples and the two nations. The today road is widening to add more strength for Vina Korea to advance in the integration period of the Vietnamese economy.
Positioning trademark
A newcomer in the garment industry faces many difficulties and risks. But for Vina Korea, the road to success on the market is built on its materials, designs, styles, quality and creativity on each product. Thus, Vina Korea-trademarked apparels quickly took a strong foothold on global markets. In other words, Vina Korea has been accepted on quality in the tough markets. This is evidenced by admirably growing sales in the past seven years. In 2002, the company had some 1,000 workers and made revenues of US$2 million but it employed up to 4,600 workers and gained revenues of US$14.1millionin 2008. In 2009, Vina Korea expected to earn US$16 million although global financial crisis has afflicted most enterprises.
Employee care
Fashion products not only require high technological and new style but also high working skills of labourers. Therefore, technological renovation and equipment upgrading are always carried out together with fostering working levels of employees. This is the best way to make high-grade products for the market. To meet strict technical and quality requirements from export markets, the company recruited capable and experienced employees. To ensure stable development and inheritability of human resource training, the firm has adopted a wide range of training methods. At the same time, it always takes care of material and spiritual life of our labourers. Salary, bonus and insurance policies are seriously applied to assure its employees to work for the company.
Strategic visions and innovative steps not only help Vina Korea make success on the market but also create sustainable development which is based on modern technology and high-level workforce. All these factors help the company to create world-class products and conquer international markets.
Explaining for the location of his factory in Vinh Phuc province, Mr. Jay Lee said: “Vinh Phuc is one of provinces applying easy-going investment policies and many investment incentives. Remarkably, the province is near Hanoi, the capital of Vietnam, and Noi Bai International Airport. More importantly, the locality has strong and capable workforce.”
Vietnamese
