FOSTER ELECTRIC (BAC NINH) CO., LTD

FOSTER ELECTRIC (BAC NINH) CO., LTD (CÔNG TY TNHH ĐIỆN TỬ FOSTER (BẮC NINH)) is a foreign-invested enterprise with more than fifteen years of operation in Vietnam’s electronics manufacturing sector. Officially registered on March 17, 2010, under Business ID 2300537991, the company’s head office is located at No. 1, Road 11, VSIP Bac Ninh Urban and Service Industrial Park, Phu Chan Ward, Tu Son City, Bac Ninh Province. It is vital in Vietnam’s manufacturing ecosystem as part of a global electronics supply network.

Legal Structure and Ownership

Foster Electric Bac Ninh is a one-member limited liability company with foreign ownership. Its charter capital is over USD 6.5 million, fully paid up. The company is wholly owned by Foster Electric (Vietnam) Co., Ltd, a subsidiary of Japan’s Foster Group, a global audio equipment and electronic components manufacturer. This ownership structure gives the company solid international backing, advanced technology, and established export channels.

Leadership and Management

The company is chaired by Nguyen Q. H., with Takafumi A. serving as General Director. This combination of local and Japanese leadership supports strong corporate governance and alignment with global operational standards. With a workforce of approximately 2,700 employees, the company is among the largest employers in Bac Ninh’s industrial zone. Its management structure focuses on efficiency, product quality, and compliance with international standards in manufacturing.

Financial Strength and Performance

Foster Electric Bac Ninh maintains a solid financial base, with total assets exceeding USD 61 million and equity above USD 31 million. Annual revenue surpasses USD 109 million, while net profit has shown a clear recovery, reaching more than USD 2 million. The company’s liquidity is strong, with working capital of over USD 11 million, giving it flexibility to maintain smooth operations and meet production demands. Although revenue has experienced slight fluctuations, profitability and equity growth indicate stability and operational resilience.

Core Operations and Business Activities

The company specializes in manufacturing electronic components and boards, focusing on headphones and loudspeakers. It also manufactures plastic products, machinings and coatings metals, and produces other fabricated metal products. In addition, it operates in general-purpose machinery, electronic devices, and special-purpose machinery manufacturing. These diversified capabilities allow it to support the electronics supply chain's upstream and downstream segments.

Strategic Position and Outlook

In the VSIP Bac Ninh Industrial Park, Foster Electric Bac Ninh benefits from excellent infrastructure, logistics access, and proximity to major export hubs. Its integration into the Foster Group’s global production system gives it substantial competitive advantages in technology, supply stability, and international market access.

The company is well-positioned for continued growth with steady financial performance, experienced leadership, and modern manufacturing capacity. As demand for high-quality electronic components and audio devices continues to expand worldwide, Foster Electric Bac Ninh is expected to play an increasingly important role in Vietnam’s electronics export sector and the global supply chain.