VISION INTERNATIONAL CO., LTD

VISION INTERNATIONAL CO., LTD: A Leading Golf Equipment Manufacturer in Vietnam’s Industrial Heartland

Incorporated on July 11, 2008, and proudly headquartered in Binh Duong, VISION INTERNATIONAL CO., LTD has emerged as a dominant player in Vietnam’s precision metal and sporting equipment manufacturing sector. Officially registered under Business ID and Tax Code 3700482555, the company operates as a foreign direct investment (FDI) enterprise with nearly two decades of production and industrial experience.

Legal Profile and Corporate Structure

VISION INTERNATIONAL CO., LTD (CÔNG TY TNHH VISION INTERNATIONAL) is a limited liability company with charter capital of approximately USD 26 million. As of the end of 2023, the company had paid-up capital of USD 24.04 million, reflecting the strong financial commitment from its foreign stakeholders. It is registered with the Binh Duong Department of Planning and Investment and remains fully active under Vietnamese law.

The company’s main office is located at No. 19, Huu Nghi Avenue, Vietnam - Singapore Industrial Park, Binh Hoa Ward, Thuan An City, Binh Duong Province, Vietnam. It also operates manufacturing facilities in Dong Nai and Viet Huong Industrial Zone (Binh Duong), broadening its footprint across southern Vietnam.

Leadership Team

The company’s executive leadership is a blend of Taiwanese and Vietnamese professionals:

• Mr. Yen Kuo-Hsien, General Director, Taiwanese

• Mr. Le Wen Jun, Deputy General Director, Taiwanese

• Mr. Le Viet Hai, Chief Accountant, Vietnamese

This multicultural management has successfully aligned the company with global production standards while navigating the nuances of the Vietnamese market.

Financial Performance

While 2023 posed some challenges, the company’s long-term financial position remains resilient:

• Revenue reached USD 212.05 million, reflecting a 21.6% drop from 2022 after a significant expansion the year prior.

• Total assets stood at USD 108.25 million, down 13.28% year-over-year.

• Profit was recorded at USD 7.56 million, down from USD 9.47 million in 2022.

• Most notably, Owner's equity surged to USD 37.55 million, an 82.18% increase, signaling investor confidence and strong retained earnings.

Despite a dip in revenue and profit, the substantial rise in equity underlines VISION INTERNATIONAL's strategic stability and ability to weather cyclical market shifts.

Business Scope and Activities

The company is best known for its golf clubs, golf heads, and precision metal products, serving both sporting goods and high-precision industrial markets. Its registered business activities also span:

• Fabricated metal product manufacturing

• Textile weaving

• Footwear production

• Wholesale of specialized goods

With a 6,000-strong workforce, VISION INTERNATIONAL CO., LTD continues to be a major employer and a vital contributor to Vietnam’s industrial export sector.

Backed by major international investors—Fusheng Precision Co., Ltd (Taiwan) holding 62.3% and Sharphope Company Limited (British Virgin Islands) holding 37.7%—VISION INTERNATIONAL is positioned to remain a powerhouse in Vietnam’s high-precision manufacturing ecosystem.