Huge-Bamboo Enterprise Co., Ltd (Vietnam)

Established in 2002, the subject - HUGE-BAMBOO ENTERPRISE CO., LTD, specializes in manufacturing and processing types of knitwear including circular knitting and warp knitting through two manufacturing plants in My Phuoc and Bau Bang Industrial Parks. This company mainly imports from and exports to the Taiwanese market besides other ones. HUGE ROCK TEXTILES CO.LTD is its main partner. Over its development, the subject has achieved ISO 9001:2015 (quality system certification), ISO14001:1 2015 (environmental management system certification), Oeko-Tex 100 (environment certification), GRS (product certification), and Bluesign system partners. Total warehouse area is 86,000 sqm.By the end of September 2023, Vietnam's textile and garment exports reached USD 29.7 billion, down by 14% compared to the same period in 2022. Currently, the USA is still the largest market, accounting for over 40% of the market share of the textile and garment industry, followed by Japan, EU, South Korea, China... In general, the above markets all recorded a decrease in export turnover due to weak demand. The market trend in the 4th quarter of 2023 had positive changes when the FED did not raise interest rates in September but delayed it to the end of this year. The USA and Chinese markets recovered well, EU inflation in September decreased by 4.3% and in September 2023 Vietnam's export turnover of goods increased by 4.6% compared to the same period in 2022. This is the good signs for the last months of the year and 2024.