SAMDUK VIETNAM CO., LTD

Samduk Vietnam Co., Ltd is a foreign invested footwear manufacturer operating in Hoa Binh Industrial Park of Tay Ninh Province. Established in 2016, the company specializes in manufacturing and processing shoes for export, supported by wholesale and retail trading activities and additional registrations in apparel production, luggage manufacturing, and auxiliary services. With a workforce that supports large scale industrial output, Samduk Vietnam has become a reliable production base in Vietnam for its parent company, Samduk Tongsang Co., Ltd of South Korea.

Its operations benefit from Vietnam’s competitive labor environment, established export logistics, and the industrial infrastructure of Tay Ninh, which is increasingly attracting Korean and Taiwanese investors in the footwear sector. A notable feature of the company is the strong acceleration of profitability in 2023, which rose more than one hundred fifty percent year over year, indicating improved operational efficiency and higher value orders from overseas clients.

Leadership and Shareholders

Samduk Vietnam is led by Mr. Jun Sung Pyo, Director and Legal Representative, who oversees production management, compliance, and operational strategy across the company’s manufacturing lines. His leadership reflects the parent company’s emphasis on consistency, export quality, and alignment with Korean manufacturing standards.

Ownership is fully concentrated in Samduk Tongsang Co., Ltd of South Korea, which holds 100 percent of the charter capital. This structure ensures direct financial support, stable capital commitment, and strong integration with the parent company’s global supply chain.

Financial Growth and Market Risks

In 2023, Samduk Vietnam generated USD 77.02 million in revenue. Despite a sharp drop in sales compared to the previous year, the company significantly strengthened equity, which expanded more than fifty percent. Profit rose to its highest level in three years, signaling effective cost management and improved operational leverage. Working capital remained negative but improved by more than ninety percent year over year.

The company faces sector specific risks including raw material price fluctuations, shifting consumer demand in global footwear markets, wage pressures, and reliance on overseas buyers. Export oriented manufacturers must also navigate currency movements, compliance standards required by international brands, and increasing sustainability expectations. A full understanding of long term solvency, liquidity pressures, and credit behavior is available through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam remains one of the most competitive global bases for footwear manufacturing, driven by a skilled workforce and established industrial clusters. Samduk Vietnam benefits from this ecosystem and from its parent company’s experience in international footwear supply chains. Short term performance will depend on export demand and continued efficiency improvements, while long term prospects will hinge on investment in technology, supply chain stability, and the company’s ability to meet evolving sourcing standards from international brands.

The company’s position in Tay Ninh provides strategic advantages in logistics connectivity, cost competitiveness, and proximity to other foreign invested manufacturers, which supports both scalability and supplier collaboration.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of business intelligence services to support investors, partners, and financial institutions evaluating Samduk Vietnam Co., Ltd.

VNBIS services include:

• Company Credit Reports assessing solvency, liquidity, and financial health
• Risk Management Solutions analyzing exposure to export volatility, material costs, and operational pressures
• Business Verification and Due Diligence Reports confirming ownership structure, regulatory compliance, and governance details

For clients requiring up to date financial statements, verified corporate information, and fresh investigative insights, the VNBIS Company Comprehensive Report offers the most complete and authoritative assessment available. VNBIS supports secure, transparent, and data driven business decisions.