BITEXCO NAM LONG

Company Description

I) HistoryDerived from the traditional village of Phuong La, Thai Phuong, Hung Ha District, Thai Binh specializing in textiles, silk, and satin, the company was established in 1989 by Mr. Le Minh Hieu in Ward Tien Phong, Thai Binh City.In 1993, the company specialized in manufacturing and export of toBITEXCO NAM LONGl products in the Japanese market. The company has established its brand name in the demanding Japanese market, and its product has been indispensable for the Japanese people until now.In 2000, along with the growth of Vietnam, the company invested in other fields. In addition to textile industry, the company also invested in real estate sector, hydropower, mineral water, drinking water, industrial water, furniture production for export...Since 2005, the company converted into Joint Stock Company Nam Long Bitexco multidisciplinary, besides textiles, real estate investment, office buildings, water factories, high-grade furniture production for export, investment in ports, processing of aquatic products for export...Inheriting the essence of the traditional village, with the investment in modern production line and machinery imported from Europe, Bitexco Nam Long always keeps growing to provide the international market with high-quality products.II) Some invested projectsYarn factory with a capacity of 60.000 tons of products per annum.Textile mill and high-quality towel factory with 60 Italian Vamatex power-looms with a capacity of 3,000 tons of products per annumDying factory and completed export high-quality towel products. Water supply factory in Thai Binh city with a capacity of 20.000 m3/day Water supply factory in Pho Noi industrial zone with a capacity of 10.000 m3/day.Office buiding for rent at 63 Vo Van Tan Street, Ward No.6, District No.3, Ho Chi Minh City - VietnamHigh-quality wood furniture factory project for export.III) Strategic partnersDue to its high prestige, Bitexco Nam Long has close relationships with credit organizations and big domestic and foreign banks such as: BIDV, VCB, VietinBank, AgriBank, EximBank, VP bank, Mb bank, Viet-Thai Bank, ANZ, Standard Chartered, Tokyo Mitsubishi UFJ, Sumitomo Mitsui Bank.With the support from its partners, Bitexco Nam Long&＃39;s financial capability and status have been increasingly affirmed and promoted, which strengthens the customer&＃39;s trust, its brand-name and rank in the market.IV) TargetsExporting towels in 2011-2012 reaches 25 million USDExporting towels in 2015 reaches 35 million USD1.000 billion VND Enterprise Club membership in 2012V) Yarn factoryWith the most modern and spacious machine shed in the region and up-to-date Europe-standard production line system, our yarn factory produces yarn of high quality and yarn products such as different kinds of towels. We supply yarn for the production of cotton towels exported to American and Japan markets and for domestic selling. Input materials (cotton) are imported from the US, India and West Africa countries. Our factory can produce up to 400 tons of threads and 120 tons of filament of all kinds per month. The followings are types of yarn that we provide:CD yarn: Ne 20/1; Ne 30/1; Ne 32/1; Ne 20/2; Ne 32/2; Ne 30/2OE yarn: Ne 10/1; Ne 12/1; Ne 12/1; Ne 16/1; Ne 20/1VI) Towel factoryIn order to produce cotton towels of highest quality and with competitive prices in this period of international economic integration, our company has invested in modern Italian machinery. Since our establishment, more than 90% of our cotton towels have been exported to Japan, Taiwan, Russia, the US and EU members. We produce cotton towels of all kinds. Input materials (cotton type 20, 30) are taken from our company&＃39;s yarn factory. Our factory&＃39;s productivity is:Vamatex: 3.000 tons per annumWeaving: 2.000 tons per annum