AusCham President, Brian O’Reilly, announces that FANTASTIC MANUFACTURING VIETNAM will become the Exclusive Platinum Sponsor of AusCham in 2016/17.

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Dear Members and Friends

AusCham is delighted to confirm that FANTASTIC MANUFACTURING VIETNAM is AusCham’s new Platinum Sponsor for 2016/17. The Exclusive Platinum Sponsorship Agreement was signed last night at the Inaugural Gala Dinner of the Annual VIFA Expo (Vietnam International Furniture & Home Accessories Fair) in HCMC.

President of AusCham, Brian O’Reilly, welcomed FANTASTIC MANUFACTURING VIETNAM and congratulated the company on its vision. “This a stunning example of a major Australian manufacturer strategically choosing Vietnam to establish a significant facility that will give it greater reach. Leveraging the skill sets from Vietnam and Australia, FANTASTIC MANUFACTURING VIETNAM will now be able to gain access to new markets worldwide”.

Jason Newman, Chief Executive Officer of FANTASTIC MANUFACTURING VIETNAM, said the Platinum Sponsorship of AusCham was important. “It’s a statement of commitment and it’s a vehicle to network with other businesses”, he said. “Also, working with AusCham, we want to highlight the incredible skill levels and commitment of the Vietnamese workforce and in so doing, encourage further Australian businesses investment. FANTASTIC MANUFACTURING VIETNAM is committed to Vietnam and we want to be a driving force in the growth of small and medium sized businesses operating in this market”.*

FANTASTIC MANUFACTURING VIETNAM is a subsidiary of Fantastic Holdings Limited (FHL), a Publicly Listed Company on the Australian Stock Exchange and a leading Australian furniture manufacturer retailer.  FHL operates in more than 126 stores across four furniture retail chains.

FANTASTIC MANUFACTURING VIETNAM  has been operating a 4,000m2 factory in Long An Province since 2012, manufacturing metal furniture such as beds and tables. It has just opened a significantly larger and highly automated factory of 10,000m2 in Binh Duong. The factory employs approximately 100 workers with a targeted capacity in excess of 150 containers per month.

FANTASTIC MANUFACTURING VIETNAM has confirmed that it would like to invite AusCham’s Members on an exclusive tour of its state of the art facility in Binh Duong at a date to be determined. Details to follow.

AusCham is very proud to welcome FANTASTIC MANUFACTURING VIETNAM as our new Platinum Sponsor for 2016/17!

* At the end of 2014, Australian companies had invested in 320 active projects in Vietnam, with a total registered capital of US$1.65 billion. This ranks Australia 19th out of 101 investing countries. In 2014, the average for Australian investment per project was US$5.2 million compared with the national average foreign investment of US$14.3 million.

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Far left, AusCham President, Brian O’Reilly. Far right, Fantastic Manufacturing Vietnam CEO, Jason Newman.

 

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