Response Vietnam Co., Ltd. is a furniture manufacturing company which is fully owned by CoreOne in Denmark. The factory only supplies CoreOne (and ultimately CoreOne's customers,) and CoreOne only sources from this single factory. The company was established in 2013, and in order to maintain the most cost-efficient supply chain, everything related to technical development, purchasing, production, quality control, and shipping is controlled by our Vietnamese team.
Starting as more of a workshop with 20 colleagues, the factory is now 25,000 sqm and our team of 600+ employees ships around 20 containers per week. We are situated in the Binh Duong province, in a furniture cluster app. 50 km north of Ho Chi Minh City with a strong infrastructure and easy access to ports, sub-suppliers, and staff. Staff retention is a major focus area for us, and through a variety of initiatives and incentives, we have been able to maintain continuity and stability for several years.
Our CEO of the factory is Danish, and a few other expats roam the office and factory floors, but the main part of our managers are Vietnamese. Our customers and the colleagues in Denmark visit the factory as often as possible, acknowledging that CoreOne's most prominent competitive advantage is the ownership of a well-managed, capable, and scalable furniture factory in Vietnam.