PROLooking for more than just a company report? Upgrade to Pro now

ANNORA VIETNAM FOOTWEAR LIMITED

Active

Business ID 2801568888

84-237 / 3972 998 / 3972 999

ANNORA VIETNAM FOOTWEAR LIMITED

Active

Business ID 2801568888

84-237 / 3972 998 / 3972 999

ANNORA VIETNAM FOOTWEAR LIMITED

Active

Summary

Name:

ANNORA VIETNAM FOOTWEAR LIMITED

Business ID (TIN):

2801568888

Date of Registration:

26 May 2010

Registered Office:

Thanh Hoa Province Department of Planning and Investment

Address:

Nghi Son Economic Zone, Xuan Lam Ward, Nghi Son Town, Thanh Hoa Province, Vietnam

Phone:

84-237 / 3972 998 / 3972 999

Financial Statement:

2020, 2021, 2022, 2023, 2024

ANNORA Vietnam Footwear Limited: A Key Exporter Powering Vietnam’s Global Shoe Industry

ANNORA Vietnam Footwear Limited (CÔNG TY TNHH GIẦY ANNORA VIỆT NAM) stands out as one of Vietnam’s top-performing footwear manufacturers and exporters, operating from the strategic Nghi Son Economic Zone in Thanh Hoa Province. As Vietnam cements its reputation as a global footwear production hub, ANNORA has emerged as a major contributor to the country’s rising export turnover and global supply chain relevance.

Company Overview

Established on May 26, 2010, ANNORA Vietnam Footwear Limited is a 100% foreign direct investment (FDI)enterprise owned by GREAT ASCENT TRADING LIMITED, based in Hong Kong. The company operates as a one-member limited liability company, with a paid-up capital of USD 78.7 million and a workforce of over 23,000 employees—making it one of the largest employers in the region.

Led by Mr. CHANG CHIH PAN, a Taiwanese national who serves as both Chairman and General Director, ANNORA specializes in the manufacturing of sports footwear for internationally recognized brands such as Nike and Converse. This strategic client base reflects the company’s adherence to high-quality standards, compliance, and efficient production capability.

Financial Performance and Growth

As of the end of 2024, ANNORA reported:

Total Assets: USD 129.12 million
Total Sales: USD 138.63 million (▲ 5.36% YoY)
Profit: USD 3.53 million (▼ 20.03% YoY)
Equity: USD 110.2 million (▲ 19.18% YoY)
Working Capital: USD 25.64 million

While sales revenue rebounded positively after a slight dip in 2023, profitability declined by 20%, suggesting increased operational costs or investments related to supply chain transformation and compliance with international standards. Despite this, the company’s equity growth and asset expansion reflect its solid financial health and long-term strategic planning.

Role in Vietnam’s Footwear Export Landscape

In the first four months of 2025 alone, ANNORA recorded an export turnover of over USD 149 million, ranking among the top 10 footwear exporters in Vietnam. This performance is notable in the context of Vietnam’s broader industry, where total footwear exports reached nearly USD 10 billion during the same period.

Vietnam’s leading markets—the United States, European Union, Japan, and Canada—are increasingly sourcing from reliable manufacturers like ANNORA due to the country’s trade advantages under the EVFTA and CPTPP agreements.

Competitive Edge: Sustainability and Smart Manufacturing

Operating in an industry increasingly shaped by ESG (Environmental, Social, and Governance) criteria, ANNORA is well-positioned to meet global standards. The company is believed to be investing in:

Automation and robotic assembly lines
IoT-enabled supply chain systems
Sustainable production practices and material traceability (likely using blockchain technologies)

These innovations align with growing expectations from international buyers like Nike and Converse, who demand low-emission production, fair labor practices, and compliance with global frameworks such as BSCI, SA8000, and LEED.

Strategic Location and Training Capacity

Located in Nghi Son Economic Zone, ANNORA benefits from tax incentives, proximity to port infrastructure, and access to a large labor pool. Moreover, its business license includes basic, intermediate, and college-level vocational training, suggesting a commitment to long-term human capital development in the region.

Conclusion

ANNORA Vietnam Footwear Limited exemplifies the growth potential and resilience of Vietnam’s footwear manufacturing sector. With strong export capacity, a high-profile client base, and ongoing investments in technology and sustainability, ANNORA is not just a major exporter—it is a forward-looking enterprise helping shape the future of global footwear production.

For investors, suppliers, and buyers, ANNORA represents a trustworthy partner and a strategic player in Vietnam’s evolving industrial landscape.

Legal Profile

English Name:

ANNORA VIETNAM FOOTWEAR LIMITED

Vietnamese Name:

CÔNG TY TNHH GIẦY ANNORA VIỆT NAM

Business ID (TIN):

2801568888

Date of Registration:

26 May 2010

Registered Office:

Thanh Hoa Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

CHANG C.P

Address:

Nghi Son Economic Zone, Xuan Lam Ward, Nghi Son Town, Thanh Hoa Province, Vietnam

Phone:

84-237 / 3972 998 / 3972 999

Branch:

Binh Minh Ward, Nghi Son Town, Thanh Hoa Province, Vietnam

Business Sector

Key business lines:

VSIC:

3290 Other manufacturing n.e.c.

NACE:

32.99 Other manufacturing n.e.c.

Industry Sales Growth

CAGR (2019 - 2023)

-3.40%

YoY (2023)

-2.40%

Companies by industry

Company distribution and propportions

13,777

0.4739%

Key Industry Players

Top 10 companies in other manufacturing n.e.c. industry

ever global (viet nam) enterprise corporation always co., ltd aroma bay candles company limited 3m vietnam limited aidi vietnam candles arts & crafts company limited minebea accesssolutions vietnam ltd. timberland company limited samju vina company limited techtronic industries vietnam manufacturing company limited fortune brands security co., ltd

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-8.70%
Owner’s Equity	70.98%
Working Capital	-23.40%
Net Worth	-92.99%
Sales	-20.64%
Operating income	95.57%
EBIT	25.85%
Gross Profit Margin	-31.16%
Debt to EBITDA	33.02%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About ANNORA VIETNAM FOOTWEAR LIMITED

When did ANNORA VIETNAM FOOTWEAR LIMITED start operating?

ANNORA VIETNAM FOOTWEAR LIMITED was started in 26 May 2010

What industry does ANNORA VIETNAM FOOTWEAR LIMITED operate in?

ANNORA VIETNAM FOOTWEAR LIMITED is operating in "Other manufacturing n.e.c." industry

How can I contact ANNORA VIETNAM FOOTWEAR LIMITED?

ANNORA VIETNAM FOOTWEAR LIMITED phone numbers is 84-237 / 3972 998 / 3972 999

What adverse news is there about ANNORA VIETNAM FOOTWEAR LIMITED?

ANNORA VIETNAM FOOTWEAR LIMITED’s has no negative news

What is stock symbol of ANNORA VIETNAM FOOTWEAR LIMITED?

ANNORA VIETNAM FOOTWEAR LIMITED is not listed company

Where is the location of ANNORA VIETNAM FOOTWEAR LIMITED?

ANNORA VIETNAM FOOTWEAR LIMITED is located at Nghi Son Economic Zone, Xuan Lam Ward, Nghi Son Town, Thanh Hoa Province, Vietnam

What is ANNORA VIETNAM FOOTWEAR LIMITED’s business registration?

ANNORA VIETNAM FOOTWEAR LIMITED business registration is 2801568888

My Order (0)

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA Vietnam Footwear Limited: A Key Exporter Powering Vietnam’s Global Shoe Industry

Company Overview

Financial Performance and Growth

Role in Vietnam’s Footwear Export Landscape

Competitive Edge: Sustainability and Smart Manufacturing

Strategic Location and Training Capacity

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

We've just released an update!

Don’t miss any of our insights

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA VIETNAM FOOTWEAR LIMITED

ANNORA Vietnam Footwear Limited: A Key Exporter Powering Vietnam’s Global Shoe Industry

Company Overview

Financial Performance and Growth

Role in Vietnam’s Footwear Export Landscape

Competitive Edge: Sustainability and Smart Manufacturing

Strategic Location and Training Capacity

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

Access Required

Notification