Youngone Hung Yen Co., Ltd (Vietnam)

Founded in 2012, the subject is known as a wholly owned subsidiary of YOUNGONE CORPORATION - a South Korea-based company, which is well-known in the field of outdoor/ athletic clothing, textiles, and footwear manufacture. Its products are either exported to the parent company directly or exported to 3rd parties in accordance with the directions of its parent company. The destinations are regularly the USA, South Korea, Canada, and the Netherlands, ... In terms of business results, the subject's sales continuously improved year by year, reaching a number of over VND 1,000 billion in 2021. Its profit margin stayed high compared to other companies in the same field. Moreover, the capital structure was considered safe with a low liabilities ratio.Generally, the subject is operating normally with a labor force of about 2,100 people. It receives meaningful support from the parent company in South Korea.