In the context of global production chain diversification, many businesses are focusing on Vietnam as a next-generation manufacturing hub. Dongil Ceramics, a leading Korean enterprise, successfully partnered with RSQUARE to acquire a manufacturing factory in Vietnam. With a land area of 15,000m² and a building size of 4,992.6m², RSQUARE’s professional and swift support left a strong impression on the client.
Q: Could you please introduce your business?
A: We are a company specializing in the production of ceramic backing materials for welding, headquartered in South Korea. Our products are exported to major markets such as Europe, Japan, and other countries. Currently, we are expanding our operations by establishing a new legal entity in Vietnam.
Q: What type of commercial property did your company connect to through RSQUARE, and what is its scale?
A: We were connected with a manufacturing factory acquisition, including 15,000m² of land and 4,992.6m² of building space.
Q: How was the experience working with RSQUARE?
A: When we first started establishing a new legal entity in Vietnam, we faced challenges due to a lack of information and the complexity of issues for foreign businesses. RSQUARE provided detailed information and significant support, ensuring a smooth workflow.
Q: Were there any memorable experiences while using RSQUARE’s services?
A: During the establishment of our new legal entity in Vietnam, some issues remained unresolved for four months. However, thanks to RSQUARE’s expertise, the problems were swiftly identified and thoroughly resolved. We are deeply grateful for their support.
Q: Would you recommend RSQUARE to other businesses seeking commercial real estate?
A: We are more than happy to enthusiastically recommend RSQUARE.
Q: What are your goals or vision for the new space?
A: Our goal is to build an efficient and competitive production system in Vietnam. Our vision is to develop the Vietnam factory into a world-class production facility, manufacturing competitive products through quality management, production efficiency optimization, and advanced technology application. We aspire for the Vietnam factory to play a vital role in the global supply chain.
Q: What is your company’s overall impression after using RSQUARE’s services?
A: Although real estate transactions in Vietnam involve many regulations and restrictions for foreign investors, thanks to RSQUARE’s solutions and advice, everything was handled efficiently. We realized that partnering with RSQUARE, a company with extensive experience in the local market, was the right decision.
