Vietnam Fortress Tools JSC (Fortress) was established in 2006 and is the world's leading manufacturer of gardening tools with over 90% of our products exported to the North American and European markets.
Fortress currently has two factories located in Thai Binh province (north of Vietnam).
VISION & MISSION STATEMENTS
Fortress Tools JSC is a leading customer-oriented manufacturer of garden tools and consumer products based in Northern Vietnam. We provide great value for our customers by delivering a range of innovative and quality products at competitive costs.
History
2006: Vietnam Formosa Tools was established in Vietnam as a 100% FDI Company with an original charter capital of USD 0.9 million. It is headquartered at Lot B8+B9+B10, Phuc Khanh Industrial Park, Thai Binh City, Thai Binh Province, Vietnam. The company began construction of a factory to manufacture hand tools and outdoor furniture for a total investment of USD 3 million. |
2007: The Company increased its charter capital to USD 1.8 million and also increased investment in the first factory to USD 6 million. The first factory was completed with a total area of 5.2ha and a maximum capacity of 2000 tonnes per year. |
2009-2015: The Company continuously expanded in terms of capital and production capacity with total investment for the factory increasing to USD 10 million. |
2016: The Company converted from a limited liability company to a joint stock company. It then changed to the current name – Vietnam Fortress Tools JSC in order to distinguish itself from the Formosa Steel Ha Tinh Corporation which belongs to the Formosa Plastic Group in Taiwan. |
2017: The Company continuously expanded in terms of capital and production capacity, and invested in the 2nd factory with total investment of USD 6.5 million. |
TSAI CHUI TIEN
Chairman
Mr. TSAI, CHUI TIEN, Taiwanese nationality is the Chairman of the Board of Directors of Vietnam Fortress Tools JSC. He also holds the position of General Director of TT Development Joint Stock Company, Chairman and Director of Phuc Khanh Department Store, Chairman and CEO of Vung Ang General Commercial Services Co., Ltd. and Chairman and Director of Goodean Co., Ltd.
Mr. Tsai Chui Tien is a experienced manager in the field of business. In addition, he is a highly respected leader in the Taiwanese business community in Vietnam.
BUI VAN THANH
Member
Mr. Bui Van Thanh, a Vietnamese national, is an independent member of the Board of Directors at Fortress Vietnam. He is a lawyer with extensive legal experience. He currently holds the position of head of the New Sun Attorney's Office.
LE THI THU HANG
Member
Ms. Le Thi Thu Hang, a Vietnamese national, is a member of the Board of Directors, Deputy CEO of Finance of Vietnam Fortress Tools. In addition, She also holds the position of Director of TT- Development Joint Stock Company.
DO XUAN THANH
Member
Mr. Do Xuan Thanh, a Vietnamese national, is an independent member of the Board of Directors at Vietnam Fortress Tools JSC. He is a expert in the field of auditing and currently holds the position of General Director of NAFICO AUDIT COMPANY LIMITED.
TO THI PHUONG LAN
Member
To Thi Phuong Lan is a member of Board of Directors of Vietnam Fortress Tools JSC.
She currently holds the position of assistant general manager at TT- Development JSC.
CHIANG, CHIU CHIUNG
CEO
LE THI THU HANG
Deputy CEO - Finance
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Frugality
- Keep costs low to pass savings onto customers.
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Quality
- Be reliable and deliver products at high standards.
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Growth
- Set ambitious goals and expand product range to better serve customers.
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Speed
- Having lean management leads to fast, impactful decisions.
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Aspiration
- Accept personal responsibility to meet growing needs of the business and customers and be accountable for our conduct. Do not be complacent, challenge the status quo, and find ways to improve.
The Company currently has two factories with an estimated capacity of 60 million garden tools per year. All factories are located in Thai Binh province, Vietnam.
