Kido Vinh Company Limited (Vietnam)

KIDO VINH COMPANY LIMITED was established in 2011, being the second production facility in Vietnam of KIDO INDUSTRIAL CO., LTD - an outerwear manufacturer in South Korea since 1980. Main activity of the subject is manufacture of garments for export. It focuses on three product lines, including jackets, ski clothes and pads-cover parts of helmets. The subject's factory has been in operation since June 2012 with 44 production lines. Its total capacity reaches about 4 million products per year. Turnover from jacket products is the highest, accounting for about 70% of its total revenue, subsequently ski clothes (about 20%). It is exporting garments to international markets; the largest market is USA and EU, subsequently Asia (South Korea, Indonesia) and Canada, etc. The company mostly exports under designation of its parent company. Pads and cover parts of helmets are mainly exported to KIDO SPORTS CO., LTD, a motorcycle helmet manufacturer based headquarters in South Korea.  According to the chief accountant, due to the general influence of the world economy, orders in Europe decreased, but the subject had more orders from the USA, so the revenue in 2023 is expected to continue to increase and is expected to reach about VND 610 billion in 2023.