Regina Miracle International (Vietnam) Co., Ltd (Vietnam)

Being founded in Mar 2014 as a 100% foreign-invested company, the subject is engaged in processing underwear and sportswear for famous brands like Victoria's Secret, Adidas, Under Armour, and Uniqlo... The output products are exported overseas to the USA, Canada, Japan, Australia... The first factory of the subject was put into production in 2016. After that, the company continuously expanded its production scale by investing and constructing more factories. Currently, it has 5 factories in VSIP Hai Phong, including A, B, C, D, E factories. As a result, its net revenue kept increasing with a compound annual growth rate of 23.2% during the FYE 31 Mar 2018 - FYE 31 Mar 2023.According to the subject's accounting department, due to the negative effects by the post-Covid economic recession, the subject received fewer orders from clients in the last months of the FYE 31 Mar 2023 and it had to reduce several thousand workers from the labor force of 39,000 people updated in early 2022. Anyway, the decline in orders has been overcome gradually so the company is recruiting new workers again. As revealed, it has around 36,000 employees presently.