Saigon Garment Manufacturing Trade Joint Stock Company (GARMEX) has announced the 2010 business plan as follows:

1. A business plan (USD23,000,000 FOB):
The company split the 02 stages: the spring-summer from November to April and the fall-winter from May to November.
  • The FOB value in the spring-summer: USD7,476,360
  • The expected FOB value in the fall-winter: USD15,637,908
  • Total value: USD23,114,268 (VND427 billion)
2. The existing customers and new customers:
In 2010, GARMEX will focus in FOB term for the following customers:
  • Decathlon: Nits and Woven
  • Columbia: Nits and Woven
  • New wave: Nits and Woven
  • Ecomills: Nits
  • Asmara: Woven
  • Blue Exchange: High-quality Vietnamese goods - Nits and Woven
  • Melcosa: Nits
3. Advantage and difficulty:
  • The 2010 fall-winter: the order volume is higher than the company’s capacity. Therefore, the company has to choose the suitable orders for each factory.
  • Competitive price: the company had to apply solutions to decrease the input expenses, increase capacity and ensure VND3 million/employee/month of the average wage for the employees producing directly.
  • The capacity: the company increased production scale from 35 assembly lines to 37 assembly lines. The company planed 42-50 employees for each assembly line.