GREEN SPEED JOINT STOCK COMPANY

GREEN SPEED JOINT STOCK COMPANY has become a fast rising force in Vietnam’s human resource outsourcing sector, and over just 5 years GREEN SPEED JOINT STOCK COMPANY has expanded into a nationwide staffing and co packing provider serving large scale manufacturing and distribution companies. Today, GREEN SPEED JOINT STOCK COMPANY manages more than 20,000 employees across multiple provinces while operating in a service industry that demands precision, labor compliance and strong cash flow discipline.

Leadership Driving a High Volume Workforce Operation

The company is led by Chairman Aizawa Y., supported by General Director Le V. H. and Operating Director Phan N. T. T. Together they oversee one of the largest HR outsourcing workforces in Vietnam. With 20,000 employees under management, the leadership must balance client expectations, labor regulations, wage processing accuracy and large scale contract execution. The company operates with FDI ownership, with UT Group Co., Ltd of Japan holding 51 percent of equity, which brings international standards but also higher expectations for compliance and operational stability.

Role in Vietnam’s Staffing, Outsourcing and Co-Packing Ecosystem

The company provides staffing services, warehouse solutions, co packing operations, payroll and C&B management, call center services and outsourcing solutions that support manufacturing and logistics clients across Binh Duong, Ho Chi Minh City, Ha Noi and Dong Nai. This diversified model reflects the growing shift in Vietnam where factories rely increasingly on third party labor providers to manage seasonal demand, export deadlines and workforce fluctuations. The company’s widespread licensing portfolio shows its ability to participate in multiple service categories, from HR outsourcing to printing support and even plastics manufacturing, although staffing remains the dominant and most strategic business line.

Revenue Scale in a Rapidly Expanding Labor Outsourcing Market

The company recorded revenue of $75.97 million, positioning it as a heavyweight in Vietnam’s outsourcing and contract staffing industry. Sales grew steadily, yet profit declined sharply by nearly 29 percent, signaling higher operational costs or margin pressure from large clients. Assets rose significantly to $27.54 million while equity strengthened to more than $8 million. With working capital of $7.91 million, the business remains financially stable, but the drop in profit highlights the thin margin realities of large scale labor outsourcing where payroll advances, compliance costs and collection delays often strain performance.

Operational Pressures of Managing 20,000 Workers Nationwide

Managing 20,000 outsourced employees across multiple provinces requires strong payroll accuracy, legal compliance, training systems, retention strategies and client coordination. In this industry, profitability is influenced heavily by worker turnover, labor law updates, overtime management and the speed of receivables collection. Profit volatility is common as companies scale rapidly, and the report’s data reflects this pattern. With assets growing faster than profit, the company must prioritize operational efficiency, technology investment and strict cost controls to maintain long term competitiveness.

Why This Company Matters in Vietnam’s Future Workforce Model

Vietnam’s manufacturing and distribution sectors increasingly depend on outsourced labor to maintain flexibility and control costs. GREEN SPEED JOINT STOCK COMPANY embodies this transition, demonstrating how workforce solutions providers must operate with both scale and discipline. Its large employee base, Japanese ownership and nationwide service network make it a significant player in an industry that will only expand as Vietnam’s supply chain grows. Yet the decline in profit reveals the need for proactive risk management, stronger internal systems and faster adaptation to labor market shifts.

VNBIS Insight for Clients, Investors and Supply Chain Leaders

VNBIS offers a full evaluation of GREEN SPEED JOINT STOCK COMPANY, including solvency indicators, operational capacity, client concentration risks and long term sustainability. The VNBIS Company Comprehensive Report provides deep insight into compliance behavior and financial resilience. For investors, procurement teams and HR outsourcing clients seeking clarity before engagement, GET THE FULL AND CUSTOMIZED REPORT AT www.vnbis.com