VIETNAM PAIHO CO., LTD

VIETNAM PAIHO CO., LTD (Công ty TNHH Việt Nam Paiho) is one of the most established foreign-invested manufacturers operating in Vietnam’s textile and footwear-supporting industries. Founded in 1999, the company has grown for more than 26 years into a major producer of touch fasteners, elastic tapes, shoelaces, reflective materials, digital woven fabrics, and 2D/3D logos—key components heavily used in footwear, apparel, and medical material production. 

A Strong Asset Base and Solid Financial Structure

Vietnam Paiho manages a sizable asset base of USD 157.86 million and maintains a very strong equity position of USD 142.5 million, reflecting long-term capital commitment and reinvestment by its parent entities. Working capital increased notably in 2023, indicating stable liquidity and healthy operational cash flow.

Although revenue saw a slight decline of about 2.7% in 2023, the company remains highly profitable, reporting nearly USD 15.7 million in net earnings. This is supported by consistently rising equity and controlled asset expansion.

Large-Scale Operations Across Vietnam

With more than 3,400 employees, Vietnam Paiho operates one of the largest textile-accessory manufacturing systems in the country. Its footprint spans:

• Ho Chi Minh City – Head office and core manufacturing

• Dong Nai – Branch serving the industrial Southeast region

• Ha Noi – Branch supporting Northern customers

• Tay Ninh – Representative office for extended regional operations

The company’s geographic spread allows it to supply major footwear and garment manufacturers across Vietnam, many of which produce for global brands.

Leadership and Ownership

The enterprise is led by Lin K. H., serving as General Director, supported by Hsieh J. C. as Chief Accountant. Ownership is divided between two foreign investors—one from Samoa and the other from Taiwan—making Vietnam Paiho a fully FDI-backed manufacturer and part of an international textile-accessory ecosystem.

Broad Manufacturing Capabilities

Beyond its core fastener and elastic product lines, Vietnam Paiho is licensed to manufacture a wide range of textile products such as knitted fabrics, spinning fibers, finishing textiles, and various specialized woven materials. This diversified capability enables the company to serve multiple industries and maintain resilience against fluctuations in global demand.

Conclusion

Vietnam Paiho stands as a highly experienced, financially solid, and well-integrated manufacturer positioned at the heart of Vietnam’s export-driven footwear and garment supply chain. With stable profitability, long-standing foreign investment, and large-scale production capacity, the company continues to play a crucial role in supporting Vietnam’s position as a global manufacturing hub.