”Vietnam has developed into a really good country to invest in,” managing director, Michael Grosbøl told visitors.

As reported earlier in Printwear & Promotion, Mascot’s building offers an interesting blueprint for potential investors. “Most people who visit our factory in Vietnam are surprised by the positive outcome of primarily two things,” added Grosbøl. “The fact that we met the budget and that construction was finished after only one year, is seen as the biggest achievement when western business visitors, who know about Asian investment, evaluate our production facilities.”

The 15,000sq m factory is 50km from Hanoi on land that was formerly a paddy field. Today, it employs 700 people in the factory, which houses a sewing studio, quilt production, a raw material warehouse together with administration.

“We are not surprised but obviously extremely pleased that we have succeeded,” admits Grosbøl. “It is all down to extremely careful and detailed preparation – and never taking shortcuts. It is for this reason that Mascot is now known as a model company by the Vietnamese Authorities and a role model for other investors.

”Vietnam has been a fantastic country to invest in. If you are willing to commit the necessary resources and a fair amount of energy there is fertile ground for success to grow from. Our success is testament to this.”

MASCOT’s director also insists that the project is an example of what can come from a close co-operation with the Danish authorities.

During the royal visit, Thomas Bo Pedersen, director for Mascot International Vietnam, was presented with an award by Nguyen Thi Minh. chairperson for Hai Duong Province’s People’s Committee.

“Mascot Vietnam’s management and employees have done an excellent job – not only as a successful investor. Mascot has also managed to create a high quality workplace,” said Nguyen Thi Minh.

For further details see www.mascot.dk

Printer friendly version

Email this article to a friend

Bookmark this

---