CRYSTAL MARTIN (VIETNAM) COMPANY LIMITED

CRYSTAL MARTIN (VIETNAM) COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH CRYSTAL MARTIN (VIỆT NAM), abbreviated CMVN) is a large-scale foreign-invested garment manufacturer operating in Bac Ninh Province, one of northern Vietnam’s key textile and apparel clusters. As part of the global Crystal Group network, the company plays a strategic role in the group’s Asian manufacturing footprint, supplying apparel products to international fashion and lifestyle brands with demanding requirements on quality, compliance, and delivery.

Operationally, CRYSTAL MARTIN (VIETNAM) COMPANY LIMITED focuses on the manufacture and processing of wearing apparel, supported by vertically related activities such as textile finishing, printing, and equipment leasing. With approximately 7,000 employees, the company is among the larger employers in the local industrial zone, reflecting labor-intensive operations and high production volumes. Its factory complex in Quang Chau Industrial Park is designed to support mass production while meeting international standards on workplace safety, environmental management, and supply-chain transparency—key expectations from global apparel buyers.

From a financial standpoint, the company maintains a substantial asset base of around USD 70.7 million, underpinned by equity of roughly USD 30.8 million, indicating solid capitalization relative to operations. Net sales stand at approximately USD 66.6 million, while net profit reaches about USD 4.5 million, highlighting a business that remains profitable despite margin pressure in the global apparel industry. Notably, working capital of about USD 21.5 million provides a comfortable liquidity buffer, allowing the company to manage inventory cycles, raw material procurement, and wage payments without undue short-term financing stress.

Management and governance reflect the company’s international character. Day-to-day operations are overseen by CHAN I. L., General Director, and a regional executive team with experience across multiple Asian manufacturing markets. Ownership is fully held by an overseas entity, reinforcing Crystal Martin Vietnam’s integration into a globally coordinated production and sourcing strategy, rather than a stand-alone domestic garment operation.

Overall, CRYSTAL MARTIN (VIETNAM) COMPANY LIMITED represents a mature, export-oriented apparel manufacturer with strong operational scale, stable profitability, and solid liquidity. At the same time, exposed to familiar industry risks—such as fluctuations in global apparel demand, labor costs, and buyer concentration—the company’s size, capital strength, and backing from a global apparel group position it as a low-to-moderate-risk manufacturing partner in Vietnam’s textile and garment sector.

For deeper insight into its financial structure, ownership linkages, operational risks, and benchmarking against other large garment exporters in Vietnam, VANGUARD BUSINESS INFORMATION LLC (VNBIS) provides comprehensive company intelligence and detailed reports through its business information platform vnbis.com.