After a decade of operation, Giza Group understands foreign investors' concerns over the business environment in Vietnam and has created and developed an ecosystem of products and services to become a reliable local partner that meets the needs of its customers.
Every strategic step related to Giza Group's business expansion plan aims to create a proactive and sustainable industrial ecosystem. Giza has developed three reciprocal business segments in Giza E&C, BSM Holdings, and Haast Industry.
Giza E&C is a renowned industrial contractor in Vietnam that implements projects across the country in a range of fields such as electronics, precision engineering, mechanical engineering, textiles, textile dyeing, and animal feed. With a team full of skilled and experienced personnel, Giza E&C provides a full package of design and construction services to increase efficiency and save on costs.
BSM Holdings, an industrial and urban real estate developer, currently owns available land of nearly 300 hectares in key industrial provinces. The group's board of directors orients BSM's development under the green industrial park model, with professional services and complete infrastructure that fully meet the utility needs of secondary investors.
HAAST Industry's factory has a total area of approximately 40,000 square metres following two construction phases. With a total investment of nearly $50 million, the factory owns modern facilities from top brands and overseen by a Japanese-standard management system. HAAST accompanies customers from idea to reality, actively researching and developing products and building and managing supply chains to become a high-quality original product developer and manufacturer, ready to cooperate with the world's leading brands.
These three reciprocal business areas have helped Giza Group create success for itself and its investors in a fiercely competitive market. BSM develops infrastructure, expands industrial land, and prepares facilities for investors, while Giza E&C deploys, designs, and constructs factories swiftly and optimally. HAAST’s business development plan moves forward thanks to the proactive support of the other two member companies.
This distinctive group ecosystem delivers a comprehensive and effective solution that shortens project implementation time for investors, thereby increasing the competitiveness of Vietnamese businesses in the global supply chain.
During a decade of dedication and devotion, Giza Group was honoured to be recognised by prestigious organisations as:
● Top 500 largest enterprises in Vietnam for several consecutive years.
● Top 500 fastest-growing companies in Vietnam.
● Top 10 Impressive Growth Brands
● Vietnamese Excellent Brand
|Assisting local groups with aspiration to reach higher
Several domestic groups are transferring their operations to supporting industries in conjunction with the shifting of foreign investors to Vietnam. Ngo Huu Tiep, chairman of Haast Industry Vietnam, a subsidiary of Giza E&C, told VIR’s Nguyen Oanh about the challenges of such a transition, and proposals to create leverages to foster domestic supporting industries.
|Low localisation rate hindering progress
A stronger supporting industry and focus on boosting localisation rates is deemed a prerequisite to help brands increase production and also reduce costs.
|Vietnamese auxiliary manufacturers must engage in global supply chain
Vietnamese auxiliary manufacturing businesses need to join in and become a component of the global supply chain.