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INCOME
source material comes from imports. The cost of raw materials accounted for over 65% of COGS of Gia Dinh. The main material for production of Gia Dinh is wool, cloth are some other accessories (buckles, buttons, only ...). About 80% of raw materials are imported from China, Taiwan and the remaining 20% of the families buy FDI in the country. To meet the conditions of TPP, families are looking for suppliers from Malaysia, Bangladesh and India. However, this market is considered less competitive than China in terms of design, price and quantity.
Focusing development and production activities and core business orientation expand services. Gia Dinh strategy period 2014-2018 is to continue to focus on developing better core businesses to improve business, take advantage of the FTA, TPP in the years to come. There are currently four garment factories with more than 4,000 employees and 59 production lines are operating at full capacity (up 8 ball over the end of 2013). The company plans to raise up to 90 production lines in 2018. In addition, the company will develop orientation and expanded service activities. The new company was established with the goal to reach and exploit directly the US market from which to expand into Mexico and Canada markets (the two countries TPP) to get more orders from these markets. As orders increased, the number of simultaneously improving production lines in enterprise search Ha Lam and subcontractors to do the same this order. This has solved the problem of limited production capacity of Gia Dinh has contributed to increased revenue for the company.
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