Hotline: 0274 383 347
Friday, 26-6-26 00:53:19

Economics

Hotline: 0274 383 347

Goamasters Group modernizes auxiliary industry by advanced technology

Being present in Vietnam for 18 years, Goamasters Group is a leading manufacturer of polyurethane flexible foam and related finished products for automobile, healthcare, footwear, garment industries…Its products have won faith of the world’s famous brand names like Adidas, Nice, Target, Timberland, Reebok, Cecathlon, Dulopto, Coverse. Before great opportunities from the Trans-Pacific Strategic Economic Partnership Agreement (TPP), the group decided to set up its second factory in Binh Duong, becoming one of the leading rubber foam producer in Vietnam. Built in the Phu Chanh industrial compound in Tan Uyen town, the factory is officially inaugurated and put into operation today, April 25, 2017.

Modern management system

Realizing great opportunities from the TPP, Foamasters Group decided to set up its second factory capitalized at more than US$10million in Binh Duong with the state-of-the-art machines and technologies.

The factory’s modern CNC cutting workshop is operated by an advanced management software

Noticeably, all the two factories of the group, namely Super Foam in Binh Duong and Chiya Foam in Long An, have used a modern Enterprise Resource Planning (ERP) system designed for the foam sector only, bringing them the best efficiency in production and business.

Top auxiliary materials producer

The group’s Super Foam factory in the Phu Chanh industrial compound covers 40,000 square meters with the most modern machines and technologies from Taiwan, which is capable of generating 2.5 million yards of foam products a month. The birth of the factory will contribute to modernizing Vietnam’s hi-quality foam sector at demand of clients in Binh Duong in particular and in Vietnam in general.

After nearly 20 years of operation in Vietnam, leader of Foamasters Group has witnessed the solid development of Binh Duong in terms of infrastructure and investment attraction. And before great opportunities from the TTP, the group decided to choice Vietnam in order to promote this auxiliary industry and Binh Duong is the best destination for its investment.

Leader of the group also thanked provincial leaders for their efforts in advantageous conditions for the group to implement the project on schedule. It is known that the group has so far developed a laboratory accredited by SATRA of the UK, contributing to promoting its production-business activities.

Reported by Duy Chi-Translated by K.T

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph