Lang Giang Bgg Garment Joint Stock Company (Vietnam)

The subject is a joint stock company which is specialized in manufacturing and processing garment products for export with the brands of the North Face, Old Navy, Gap, Mascot, etc. Despite being officially established in June 2020, the management board has a lot of experience in the textile and garment industry before setting up the subject as revealed by the Import Export Manager.In 2022, despite facing with certain difficulties due to the impact of the post-pandemic, the subject still successfully completed the set targets. The growth rate of net sales was recorded with 38.53% in 2022 in comparison with the previous year. The total output reached 4 million products in 2022, up 10% in comparison with the year before. The proportion of products included Jackets accounting for 80% of output, Knitwear accounting for 10% of output, Shorts accounting for 10% of output. The main consumption markets of the subject are the USA with 70%, EU with 20%, South Korea and China with 10% as revealed by the Import Export Manager.In addition, the subject has the application of developing of green factory by installing solar panels. The system provides 70% of the daily demand at the plant, even selling back to the grid system when there is an excess of electricity.