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Bamboo, Rattan, Vietnam Handicraft, INVESTMENT, Barotex

Barotex

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HISTORY

In 1971, Bamboo Vietnam Import-Export Company was born, is separated from total Fine Art import-export Company. To 2004, officially changed from SOE into joint stock company.

In early days, the structure of company still in small scale, the office has 4 rooms and a forwarding branch in Hai Phong city, facilities are limited, human resources is not in high quality yet. The market Barotex is the former socialist countries, mainly Soviet Union.

The very first years of establishment, the company focused on building facilities, improving the structure, finding every solution to exploit the potential, human resources, as well as raw materials for production. Therefore the company has achieved many positive achievements, doing well the obligations delegated by and by the Ministries and State, export turnover increased 2.22 times compare to the first year, next 5 years (1976-1980) the company has established branches in HCMC, Da Nang, export turnover has increased by 3.85 times.

The period 1980 – 1985, together with the difficulties of the country, the export of the company has reduced, but the total export turnover has increased by 2.31 times higher compare to the 1976-1980 period.

Since 1986, along with the country’s economic innovation. The company has significantly changing steps, from the book entry accounting, moving to integrated business, independent accounting, many new forms of business began.

Through nearly 40 years of development, Barotex has shown steady steps and affirmed his reputation in the world market.