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TBS Group: Success from strategic innovation
28-03-2017

TBS Group: Success from strategic innovation

As a leading fashion and financial investment company, TBS Group, set up over 25 years ago, has a far-sighted vision for sustainable development and a high reputation in the regional and global markets.

The leadership of TBS Group always has a far-sighted vision and takes sustainable development as the guiding principle for every business operation which ranges from footwear and handbag production; property investment – business – management and industrial infrastructure; and ports and logistics to tourism and trade.

“What the world can do, we can too”

TBS Group Chairman Nguyen Duc Thuan is perhaps the first to be thought of when TBS Group is mentioned. He has worked hard for 25 years to lead Thai Binh Shoes from a small production factory based in Binh Duong Province to one of largest multi-business groups in Vietnam. TBS Group now has 32,000 employees.

“We take pride in our workforce – it is our most valuable asset and a formidable factor in the growth and development, not just of our group, but that of Vietnam’s industry as a whole. We are committed to promoting education and training in order to bring Vietnam’s intellectual resources to the forefront of the global marketplace,” he said. “What the world can do, we can too…” has become an oath and an appeal to all TBS Group employees who must know the value of sustainability and look to the path that leads TBS Group to the world market.

For TBS Group, no success is a godsend. All gains come from strategic, consistent, sustainable and intentional steps taken from the consideration of its core values. The group always regards human resources as a growth driver, as a precious assess and a strategic weapon to achieve business successes.

Furthermore, TBS Group’s successes come from strategic and sustainable partnerships with customers. The list of its major partners – world-leading fashion brands like Skechers, Decathon and Wolverine in footwear business, Coach, Lancaster and Tory Burch in handbag business, Damco, APL, DHL or Geodis – proves the strength and prestige of TBS Group.

Viable strategy for sustainable development

TBS Group has worked out a viable sustainable development strategy to 2025 when it will become a leading multi-sector investment company in Vietnam, in the region and the world to show the brainpower and pride of Vietnam in the world.

In fashion business, by 2020, TBS Group will strive to become a Top 10 entity in global leather, footwear and handbag supply chains, increase its workforce to 45,000 people, boost investment for upgrading personnel capacity, management capacity and strategic vision, and redirect production to areas where it can employ sustainable workers.

This core business will be further invested in by TBS Group to control value-added chains and master technologies. It will have three world-class R&D centers with more than 700 experienced specialists, develop more than 75,000 pairs of sample shoes and 10,000 sample bags a year, and create added values for every product to sharpen sustainable competitiveness for the group.

Currently, TBS Group is one of the most well-reputed Vietnamese footwear companies, ranked among Top 5 in the footwear industry and Top 4 in the handbag industry in Vietnam. The group continues to be a strategic, trustworthy partner for world-leading fashion brands.

In financial investment fields such as real estate investment and industrial infrastructure, ports and logistics, hospitality, trade and service, TBS Group has become a trusted multidisciplinary company in Vietnam and in the region thanks to effective investment and high growth.

Particularly, innovation and creativity are the foundation for development. In addition, the insight and companionship with customers, partners and employees shape developing, successful and profit-sharing TBS Group. And, above all, TBS Group has never forgotten to exercise its responsibility to the community, to the country, to the society and to its employees, thus making a better life and society for all.

TBS Group – Together we Build our Success

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