Viet Pan Pacific World Co., Ltd (Vietnam)

The subject specializes in processing garment products for brands, including Oldnavy, Gap, Puma, etc, which are mainly exported to USA, EU countries (mainly), Australia, South Korea, New Zealand, etc via its parent company - PAN-PACIFIC CO., LTD. The materials for processing are also imported via PAN-PACIFIC CO., LTD. As shared by Ms. Hoi, a staff of the Human Resources and Administrative Department, the subject's operation has not yet been restored after the pandemic. The orders for FY 2022 are estimated to decrease by about 30 - 40% in comparison with that of 2021. Usually, in the last months of the year, orders increase sharply and its employees have to work overtime continuously. However, due to a decrease in orders, its employees only work full-time, and even, the labor force decreased to 3,700 people instead of 4,400 people as in October 2021, Ms. Hoi said.