Maple Company Limited (Vietnam)

The subject is managed by HERBERTON PRIVATE LIMITED from Singapore. It specializes in manufacturing garment products, which are exported to many countries in the world, such as The USA, China, EU, Singapore, Malaysia, South Korea, Japan, etc. The fabrics and accessories are imported from China, Hong Kong, Singapore, Malaysia, Taiwan, etc. Two of the big clients are NIKE and UNIQLO.In the past, the subject's business operation was not effective because the subject recorded large losses in many years, which made negative equity in the period 2019 - 2022. As shared by a staff of the import and export department, the subject's operation has been seriously affected by the post-COVID economic downturn. Its orders decreased strongly, leading to the subject forced to cut down its labor source. Currently, the subject's employees are over 2,000 people instead of 4,000 as of middle 2022.