Vietnam'S Golden Shoe Springboard For Taiwan Funded Enterprises

In February this year, negotiations on the TPP (p Pacific Partnership Agreement) were finally over, and 12 member states signed the agreement, which will take effect as soon as possible in the next 2017 years. It will be the largest regional integration economy in the Asia Pacific region.

Vietnam is one of the 12 member states of TPP. It is not only the first stop for Taiwanese businessmen to enter the ASEAN Association, but also the springboard for Taiwanese businessmen to take advantage of TPP.

In 2008,

It was Vietnam's largest investment area, and until now, Taiwan business is still the fourth largest investment area in Vietnam.

According to statistics from the investment department of the Ministry of economic affairs, in 2015, the total amount of investment in Vietnam reached 1 billion 220 million US dollars, which was 89.8% higher than that in Taiwan.

Taiwanese investment in Vietnam is mostly traditional industries, including garment and textile industry.

There are many factories in Vietnam, including Baocheng group, Tainan textile, United Group, and Dan Dan enterprise.

In the investment market, Morgan Pauline Ng, a fund manager of the ASEAN Fund, said that the International Fund's enthusiasm for Vietnam was slightly cold this year. So far, a small net outflow of $110 million has been achieved. However, many foreign investors are quite optimistic about the performance of the Vietnamese stock market this year, and the base period of the Vietnamese stock market is low, and the future market intends to overweight the Vietnamese market. "Ng"

Compared with other ASEAN countries, Taiwan businessmen are

There are more advantages. For example, it is also deeply influenced by Chinese culture. It also has festivals such as Mid Autumn Festival, Spring Festival, Dragon Boat Festival and so on. The diet is closer to Taiwan.

More importantly, 60% of the population is below the age of 35, and the domestic demand market with nearly one hundred million people. Not only does the products produced by Taiwan funded enterprises export, but also has huge consumption of domestic demand.

Related links:

Mother's son is expensive, Baocheng's bottom Yuyuan industry, the annual total of 317 million pairs of shoes, higher than the previous year 307 million pairs, accounting for nearly one hundred percent of the total production of the group shoes, especially in recent years, the group shoes production base has been pferred from mainland China to Southeast Asia, Vietnam factory and Indonesia factory in the annual production ratio of shoes, up to 42% and 32%, more than 25% of the mainland factory.

Yu Yuan said that the capital expenditure of the company in the annual shoe-making business was 398 million US dollars, up from US $307 million in the previous year.

Looking ahead to this year's operation, Yuyuan's capital expenditure will continue to expand in Vietnam, Indonesia and Burma, as well as the expansion of the "innovation research center" in Zhongxing new village.

Baocheng said that the expansion of Yuyuan's Vietnam plant is mainly to increase automation equipment and equipment.

In the third quarter of last year, Burma factory and Indonesia new factory have been put into operation. At present, the monthly output of sports shoes reaches 300 thousand pairs.

Among them, the capital stock of the Burma plant has increased to $82 million 370 thousand, and the capital of Indonesia new plant has increased to $57 million.

Yu Yuan is the main international brand of OEM and ODM, including: Nike, Adidas, Reebok, Asics, Under Armour, New Balance, Puma, Balance, cable, and dozens of large factories.

Yuyuan's annual footwear manufacturing business revenue, which is higher than the previous year's growth, can be attributed to an increase of 3.4% in last year's output. However, the gross profit margin of manufacturing business is also affected by the rise in manufacturing costs (including the increase in employee salaries), thereby reducing some of its operating profits. Fortunately, the increase in manufacturing costs has been offset by a decrease in material costs, making Yuyuan's annual surplus after tax surpass $390 million, an annual increase of 17.87%.

The annual output of footwear production in Baocheng group in mainland China decreased from 29% in the previous year to 25%.

Vietnam's 7 shoe making bases account for 42% of the shoe output of the group, not only higher than the 39% of the previous year, but also the largest overseas factory area of Baocheng.

Group is located in Indonesia shoe manufacturing base.

Mainly in West Java province, the annual output of shoe factories in Indonesia accounted for 32%, slightly higher than 31% in the previous year.