Founded in 2009 in Tay Ninh Province, the subject engages in manufacturing and processing shoes, sandals and parts of footwear. It is a member of TKG TAEKWANG GROUP - a large group in the field of processing footwear for NIKE. Finished products are entirely exported to foreign markets for consumption.Right after the negative impact of Covid-19 pandemic in the period of 2020 - 2021, the market has continued to suffer from the global economic crisis caused by geopolitical tensions since 2022. Textile, garment, footwear, wood and wooden furniture are heavily influenced when high inflation rates in traditional export markets (like USA, EU countries) drastically impoverish purchasing power. This leads to a drop in orders and many companies in these fields terminate contracts with workers to save costs. According to press information, the subject and its shareholders (including TKG TAEKWANG MTC VINA COMPANY LIMITED and TKG TAEKWANG VINA JOINT STOCK COMPANY) have encountered difficulties due to the shortage of orders.
Headquarters
Hiep Thanh Commercial Area, Moc Bai Hamlet, Loi Thuan Commune
Tay Ninh; South Eastern Vietnam;
Postal Code: 80000
Contact Details: Purchase the Tkg Taekwang Moc Bai Joint Stock Company report to view the information.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service