Post Date：2025.09.29         In 2025, Far Eastern Group New Apparel Vietnam (FENV) will enter its 10th year of establishment, gradually growing from a brand new factory to a representative foreign-funded garment enterprise in Binh Phuc Province. It not only brings stable employment and economic development to the local area, but also actively promotes environmental sustainability and social welfare, becoming a green model that combines industrial growth and corporate social responsibility.

        

 

 

        Steady development to build a regional benchmark manufacturing base

        Far Eastern Group's new clothing (Vietnam) held a groundbreaking ceremony in 2015 at the North Tongfu Industrial Zone in Tongfu County, Binh Phuc Province, and officially began operations in March 2016. Considering the favorable transportation location, labor force structure, and government support policies in the local area, the company chose to rent 10 hectares of land to establish a factory. At the beginning of the project, it employed 800 employees and aimed to set up 52 production lines. By the end of the same year, the number of employees had increased to 2500, demonstrating the potential for rapid growth.

        With the increasing market demand, Far Eastern Group's new clothing (Vietnam) continues to expand its production capacity. In 2017, it added a new printing and embroidery factory with an annual production capacity of 14 million pieces; In 2019, the 5th workshop was established and 24 sewing production lines were added. The completion of the second factory building in 2024 marks the arrival of the next growth stage.

        At the same time, Far Eastern Group New Apparel (Vietnam) also attaches great importance to the union system and employee rights. In 2016, a union organization was established to actively promote labor management communication and workplace friendly policies. Regular sports events, festivals, and symposiums are held to create a respectful, inclusive, and cohesive working environment.

        Sustainable manufacturing towards the vision of net zero emissions

        As a responsible corporate citizen, Far Eastern Group New Apparel (Vietnam) deeply recognizes that environmental protection and corporate sustainability development are inseparable. Since 2020, we have actively implemented a green transformation strategy with the goal of achieving a 50% reduction in carbon emissions between 2026 and 2030, and achieving 'net zero emissions' by 2050.

        Solar power generation is one of the core actions of Far Eastern Group's new sustainable strategy for Vietnam. In June 2022, the first phase of the solar project was launched with a total installed capacity of 432 kilowatts, and it was officially connected to the grid in January 2023. As of September 2024, over 1035000 kilowatt hours of electricity have been produced, accounting for approximately 9% of the total electricity consumption of the factory, successfully reducing carbon emissions by over 700 metric tons.

        To accelerate the promotion of green energy applications, the company will complete the second phase of solar energy system construction by the end of 2024, with an additional installed capacity of 810 kilowatts and a total capacity exceeding 1.2 megawatts. In the future, we will continue to increase the construction of solar energy systems in response to production capacity demand, which not only reduces the dependence of our production lines on traditional energy, but also demonstrates Far Eastern Group's determination and action to implement ESG commitments in Vietnam.

        

 

 

        Deeply cultivating CSR and practicing corporate social responsibility through action

        The success of a company not only comes from operational performance, but also from giving back to society, caring for the community, and treating employees well. Far Eastern Group's new clothing (Vietnam) company has been promoting multiple CSR plans for many years, covering education, health, environmental protection, and employee well-being, gradually establishing mutual trust and prosperity with the local community.

        1. Focus on education and health: collaborate with brands to improve campus facilities

        Far Eastern Group's new clothing (Vietnam) has partnered with international brand client LULULEMON to plan the "Children's Health Awareness and Environmental Improvement Project". The project aims to build a new male and female hygiene facility for Pujiamo Primary School and organize a series of hygiene education activities to teach students correct cleaning and epidemic prevention knowledge, thereby improving the quality of life and health protection of rural area students. The project lasted for five months, from design, construction to training, with the company's full participation, realizing the vision of creating a safe learning environment for the next generation together with the brand.

        2. Creating a Happy Workplace: Employee Health and Life Care

        Far Eastern Group's new clothing (Vietnam) attaches great importance to employee welfare, establishing a sound salary structure and insurance system to ensure that employees have basic living conditions. In addition, the company regularly provides health checkups, medical lectures, and psychological counseling services, and implements epidemic prevention measures and "three local plans" during the epidemic period to ensure the safety of employees' work and life. At the same time, it cooperates with grassroots trade unions to organize activities such as football, volleyball matches, and Women's Day celebrations, encouraging everyone to participate in group activities, promote physical and mental health, and foster camaraderie among colleagues. These measures not only effectively improve employee retention rates, but also strengthen the "people-oriented" corporate culture.

        3. Connect communities: Participate in local public welfare and environmental initiatives

        In terms of environmental protection, Far Eastern Group's new clothing (Vietnam) promotes garbage classification, factory greening, and water conservation plans; In terms of community connections, the company also participates in local public welfare actions such as water purification equipment and waste battery recycling, actively playing the role of a good corporate citizen. It has won numerous commendations from local governments, trade unions, and communities, and has become one of the most trusted and respected foreign-funded enterprises in Pingfu Province.

        

 

 

        Moving towards the next decade with innovation and responsibility

        Far Eastern Group's new clothing (Vietnam) started from scratch and after ten years of development, has become a modern clothing manufacturing base with over 3500 employees. It not only injects international resources and management experience into Vietnam's clothing industry, but also implements green production and social responsibility locally.

        Looking ahead to the future, the company will continue to uphold the core concept of "integrity management, sustainability development", deepen the utilization of renewable energy, the introduction of smart manufacturing, and talent development strategies, work together with partners, employees, and communities, and move towards a more resilient, innovative, and caring next decade.

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