Bac Giang Garment JSC: Changing “New Clothes” Day after Day

10:52:43 AM | 10/9/2014

“Wearing new clothes every day" is a daily tale that local people talk about the rapid and constant change of the company day after day. In more than 40 years of construction development, in spite of facing numerous difficulties and challenges, the company has managed to maintain constant growth and strengthened its position in the marketplace.
Constant expansion
Looking at the current big scale, modern equipment and powerful workforce, it is little known that Bac Giang Garment Joint Stock Company started from a State-run enterprise with just 500 workers more than 40 years ago. The company, which went public in 2005, set up the second garment production enterprise in Doi Ngo town, Luc Nam district Bac Giang province in 2008 and the third one, Lang Giang Enterprise, in Nghia Hoa commune, Lang Giang district, Bac Giang province. At present, the company has three production areas in Bac Giang City, Luc Nam district and Lang Giang district with a total of 10 factories and more than 10,000 employees. The monthly production output is more than 900,000 products.
Big sales
With a constantly expanding scale, Bac Giang Garment Joint Stock Company has attained big sales and achievements.
Unlike other domestic garment companies, Bac Giang Garment Joint Stock Company exports all outsourced products to customers in South Korea, Japan and the United States, with 20-25 regular customers. Designs and supplies are provided by foreign partners and the company undertakes customised designs.
In 2013, the company manufactured 9.5 million units, earned export turnover of US$130 million, made gross revenue of VND962 billion, paid VND41 billion to the State Budget, and earned VND155 billion of profit. The monthly salary of an employee is VND5 million on average. In 2014, the firm targets export turnover of US$150 million, production output of 11.3 million units, employee’s average monthly income is VND5.3 million, tax payment of VND35 billion and a profit of VND77 billion.
Change for stronger growth
The company’s management is never satisfied with the current big scale and output and always strives for constant growth. In 2014, the firm invested in new apparel lines in Lang Giang to boost production capacity and achieve the highest production efficiency. It will pilot self-production methods rather than only receive already-designed models from customers.
Bac Giang Garment Joint Stock Company also pays attention to improving livelihoods of employees by increasing treatments, thus strengthening their loyalty to the company. Base salary, social insurance and other employee rights and interests are raised. Every year, the company organises additional training for 2,000 employees.
Besides, the company always strives to overcome difficulties relating to site clearance and investment environment in order to increase opportunities.
Change for the better is the way the company has chosen. Activeness is the key to success for the apparel industry in general and Bac Giang Garment Joint Stock Company in particular. Given right-track investment and continuous innovation, this year is expected to be another successful year for Bac Giang Garment Joint Stock Company, a leader of innovations in the garment - textile industry.
Minh Xuan