1. www.garco10.com.vn
"… be the permanent affirmation of class"
Introduction
Garment 10 Corporation – JSC (Garco10) headquartered in Hanoi - Vietnam was
established in 1946
The company is one of the leading manufacturer and exporter in garment field worldwide
Garco10 has been successfully invested in some other businesses:
Garment
ExportingGarment
Manufacturing
2. www.garco10.com.vn
business services
Business services:
CM (Cut &Make)
OEM (Original Equipment
Manufacturing)
ODM (Original Design
Manufacturing)
OBM (Original Brand
Manufacturing)
Core competencies:
High Product Quality
On Time Delivery
High Productivity
Proficient Workmanship
Stable Supply Chain
Supply chain
Marketing
Product
Develop
ment
Main service
Key
elements
of ODM,
OEM
3. www.garco10.com.vn
"… be the permanent affirmation of class"
Garco10’s mile stones
Over 70 years of development, Garco10 has created
reputable fame and trust in business customer worldwide.
Currently, the company offers wide range of services
including CM, OEM, ODM, OBM.
2014
Garco 10 - JSC is one
of the leading
garment
manufacturer and
exporter worldwide
2010 - 18 Factories
-Changed into
Garment 10
Corporation - JSC
(Garco 10 - JSC)
2005 -11 Factories
- Changed into
"Garment 10 JSC"
1992 - 10 Factories
- Changed into
"Garment 10
Company"
1961 - 4 Factories
- Renamed to
"Garment 10
Factory" under
Ministry of Light
Industry
1956 - 3 Factories
- Moved from Viet
Bac to Hanoi.
Merged all plants
to "Garment 10
Plant"
1946 - 2 Factories
Established the
first factory in Viet
Bac
1 Factory
4. www.garco10.com.vn
"… be the permanent affirmation of class"
Key Information
Main Business Areas : Garment Manufacturer and Exporter
Main Products : Woven Garments (Tops and Bottoms)
Main Services : CM, OEM & ODM
Main markets : USA, EU, Japan
Managing system : SA8000, ISO9001, ISO14000, C-Tpat
Number of factories : 18
Total labor : 12,000
Turnover 2014 : USD 110 Millions
Growth rate : 20%
5. www.garco10.com.vn
"… be the permanent affirmation of class"
Financial Capacity
• Turnover 2014: USD 110 Millions
• 80% from export.
• 15% from local market.
• 5% from financial activities
80%
15% 5%
Turnover
Exports Domestic Others
6. www.garco10.com.vn
Garco 10 specializes in Woven Garment for Men, Women and Children with diversified choices.
75%
20%
5%
Productcategories
Men
Women
Children
For men: Shirt, Trousers / Pants, Short, Suit, Jacket,…
For women: Dress, Shirt, Jacket, Pants, Skirt…
For children: Shirt, Jacket,…
Product range
7. www.garco10.com.vn
"… be the permanent affirmation of class"
Main market
45%
40%
10%
Market Product Portions
USA EU Japan Others
Garco10 has reached the
market needs in US, EU, Japan
and some other markets.
11. www.garco10.com.vn
"… be the permanent affirmation of class"
Product Quality Assurance
Garco10 guarantees International quality standards
*Managing system
SA8000, ISO9001, ISO14000, C-TPat
12. www.garco10.com.vn
"… be the permanent affirmation of class"
*Awards
International
Asia Pacific Quality
The Golden prize of
Vietnam national
Quality
Integration and
Development
Enterprise
Prestigious Export
Enterprise
The Brand and
Trademark
Vietnam High
Quality Goods
Vietnam Gold Star Vietnam Famous Brand Outstanding Apparel
Enterprise
13. www.garco10.com.vn
"… be the permanent affirmation of class"
Product Capacity
Jacket/Coat
300,000
Shirts
1,500,000
Pants
500,000
Suits
150,000
Item
Pcs/Month
Garco10 has great production capacity with 18 factories
producing over 30 million units per year.
14. www.garco10.com.vn
"… be the permanent affirmation of class"
Sampling Capacity
Garco10 has great sampling capacities:
R&D
DEPARTMENT
• Area: 2000 m2
• Staffs: 200
• Capacity: 2000
pcs/ month
TECHNICAL
DEPARTMENT
• Area: 150 m2
• Staffs: 60
• Capacity: 300
pcs/ month
DESIGN
DEPARTMENT
• Area: 150 m2
• Staffs: 58
• Capacity: 300
styles/ month
15. www.garco10.com.vn
"… be the permanent affirmation of class"
Advanced technology
Hanger system
Shoulder press
machine
Sleeve setting
machine
Lapel blind stitch
sewing machine
We invest in modern machinery and equipment to improve
production efficiency and effectiveness.
16. www.garco10.com.vn
"… be the permanent affirmation of class"
We invest in modern machinery and equipment to improve
production efficiency and effectiveness.
Armhole pressing machine
Cuff automatic
sewing m/c
Lapel press
machine
Advanced technology
19. www.garco10.com.vn
"… be the permanent affirmation
of class"
19
Opportunities:
Tariff preferences
Increased profit margins
Increased export scale
Attract investment for perfection of supply chains
New market development
Strengthened corporate governance capacity
Uplifted movement of global supply chains
Challenges:
The added value in garment exports was still limited
Depend on the imported material ( With Asean FTA,
the request of the CO original is main material, TPP
request “yarn forward”
More competitive
20. www.garco10.com.vn
"… be the permanent affirmation of class"
9/21/201620
CMT
FOB
ODM
TAKE
ADVANTAGE
OF
INVESTMENT
IN TEXTILEINCREASE G10’
COMPETITIVE
ADVANTAGES
Solutions:
Changing from the CTM (cut, make, trim) form
to FOB (free on board) and ODM (original
design manufacturer) method to increase the
market share and export turnover
Many textiles group has invested to Vietnam
Garment 10 increases the competitive
advantage by investing in :
+ Human Resource
+ Setting up the qualified factory
+ Expand the production capacity
