Kymdan has been manufacturing its products for over 59 years.
Kymdan’s reputation is not limited to our homeland, Vietnam, but has spread
worldwide. The Kymdan Corporation has registered its brand in more than 91
different countries and regions. Its success is
the result of hard work and on-going research through three generations.
Nowadays, when we talk about the KYMDAN
Corporation we are talking about a world-wide recognised brand
in mattress manufacturing.
The meaning of the name KYMDAN in
Vietnamese language comes of "KỸ nghệ
Stage 1 (1954– 1975)
|Mr. Van Dan Nguyen (Now settled down in France)
Since prior to 1975, customers in Saigon have been familiar with Kymdan
Mattresses. People can still recall Kymdan’s first appearance in 1954. The
founder of the company, Mr Van Dan Nguyen (born in 1926 in Tan
Duan Trung, Go Cong), gained patent license No 831 on September 26th,
1962. The founder has been acknowledged for his tremendous efforts working on
the design and manufacturing of foam mattresses.
Stage 2 (1984 – 1998)
In 1975 (30 April 1975 – South Vietnam was liberated and
Vietnam was unified.), Mr Van Dan Nguyen and his family migrated to France.
Once settled, Mr. Van Dan Nguyen returned to his research, focusing on foam
mattress manufacturing as means to make Kymdan products more reliable. Kymdan
mattresses then became renowned for absorbing heat produced by the human body.
As a result, Mr. Van Dan Nguyen acquired another patent license No 269364 from
the Fair Trade Authorities in France on February 10th, 1984.
|Science and Technology of natural rubber book
Kymdan products were unavailable in Vietnam during this period of time. By
1984, Mr. Nguyen Huu Tri (the son of Mr. Nguyen Van Dan) took up the position
of Manager of the state-owned Enterprise for Life Improvement, controlled by
the Union of Rubber Industry Enterprises, which produced Ho-Chi-Minh sandals,
eel-pot-shaped sandals (for Vietnamese soldiers), military belts, sheet
panels for roofing (ebonite hard rubber roofing), tapises, rubber pipes,
joints, engineering rubber, ....
In 1989, Vietnam’s economy began to change. Mr. Tri again decided to reproduce
natural foam mattress with the vision of reviving the Kymdan brand. During this
period, he invented a series of formulas, processes and procedures. And by
utilizing the latest technology he developed the most natural, durable and
comfortable mattress the world has to offer.
During this period Mr Tri faced many challenges, the equipment and machinery
was not quite capable of producing what he had wanted. In addition, the
recognition of the Kymdan brand had vanished from 1975 to 1988. Despite this,
Mr Tri still believed his product had very strong future.
Stage 3 (1999 – 2008: transformed into a joint-stock company)
On Feb 1st, 1999, Sai Gon Kymdan-Rubber Stock Company franchise
was established. Having the advantage of ample shareholder
capital, the company invested in subsidiaries, modern facilities and automation
in order to increase production capacity and meet growing demand for KYMDAN
products in domestic and foreign markets.
After privatization, KYMDAN experienced strong growth in
production and market development by taking advantage of shareholder capital
and automation. Due to successful privatization, the brief period from 1999 to
2008 saw KYMDAN achieve continuous increase in sales (see
. . Annual turnover of KYMDAN increased 37% on average and
there was an increase of 61% in one of those years.
In this period, Mr. Nguyen Huu Tri was Chairman of the Management Board and
General Manager of Saigon – KYMDAN Rubber Joint Stock Company.
Stage 4 (from2009 – Global Integration)
On January 1, 2009, Mr. Nguyen Huu Tri handed management power and position to
his son Mr. Nguyen Tri Tan and to a youthful management board. Mr. Tri
continued his tenure as Chairman of the Management Board.
Mr. Tan is the third generation of KYMDAN family that operates the company.
Having been trained methodically overseas (graduated from Victoria of
Technology – Melbourne, Australia, majoring in International Trade), and having
experienced various titles such as Director of Kymdan Australia, Deputy General
Director in charge of international trade, the experiences accumulated by Mr.
Tan will be further developed once he handles the important responsibility of
the executive leader of the Company. In reality, while under Mr. Tan’s
directorship, Kymdan Australia was one of the most efficient affiliates of
Kymdan beyond Vietnam’s border.
Mr. Tan took the position of KYMDAN General Manager in a time of global economic
recession that had negative impact on the company’s production and business
activities. Such a situation gave Tan and his goard of management a chance to
prove their capabilities and challenged them as leaders. They had important
responsibility to company shareholders and staff for sustaining KYMDAN’s
development during the global integration process.
Kymdan Company is a private enterprise (i.e. not a state owned enterprise) and has been privatized in the form of a family company since 1999 (the state capital
in the mattress company accounts 5.746% of total capital). Company Kymdan is not public joint stock companies (less than 100
shareholders under the law of Vietnam), not listed on stock exchanges did not
participate in any form in OTC transactions.
Kymdan factory is located in industrial Northwest Cu Chi (108,163 m²), 02 affiliated factories (garment factory for export, Furniture
factory), 01 overseas Kymdan companies, 04 domestic branches,
more than 531 stores and dealers within Vietnam and abroad
has registered its trademark in
91 countries and territories