Binh Duong opens Argentine-invested leather factory

Thursday, 01/06/2023 16:02
On May 31, in Binh Duong, Mr. Luis Pablo Maria Beltramino, Argentinian Ambassador to Vietnam, cut the ribbon to inaugurate Serendipity Bros Factory with investment capital of more than USD300,000.
Serendipity Bros in Vietnam will create opportunities for investment cooperation with many partners. (Photo:

The leather factory of Serendipity Bros Company, with 100% Argentine investment capital, come into operation in Tan Uyen city, Binh Duong province, with a total area of 4,118 square meters, capacity of 600,000 square feet per month, equivalent to revenue USD1 million per month.

Serendipity Bros's production activities focus on supplying input materials for footwear, handbags, accessories and leather sofas which are manufactured in Vietnam and are mainly exported to markets such as the US, Europe, Bangladesh, China, Indonesia, India, Hong Kong (China) and Cambodia.

Serendipity Bros' main customers are Zara (Spain), Clark's (UK), Rieker (Germany), Clarice (Germany), Nine West (US), Rockport (US), Diechmann (Germany), Aldo (UK), Ted Baker (UK), Vagabond (Finland), Lacost (France) and Superga/Kappa (Italy).

In addition, Serendipity Bros will cooperate and work with a number of domestic companies such as Tavi Co., Ltd., Rieker Shoe Company, Gold Star Co., Ltd., Hengseng Vietnam Co., Ltd., Leather Win Shoes Co., Ltd., Gia Dinh Group Joint Stock Company, Richever, Stella group and Orion.

Mr. Santiago Campanera, CEO of the factory, said that Serendipity Bros' expectation and business development plan in Vietnam is to connect directly with local factories and provide better service both in terms of transportation and quality.

In that spirit, Serendipity Bros' cooperation with local factories has enabled the Argentine company to expand its trade into different markets such as China, Indonesia, India, Bangladesh, the US and Europe, creating the opportunity to cooperate with many new partners and brands, previously a rather complicated issue due to geographical distance and delivery time from Argentina./.

Compiled by BTA