1

table-tennis fa-

cilities for those

who wished to be

energetic after

their working

time and we have

been pleased to

see the Viking

Vietnam foot-

ball team prac-

ticing as well as

competing with our neighbors

Eizo for the challenge cup.

We also continue to provide

English language teaching for

all those students who wished

to learn ! A very busy year

indeed in 2011, and now we

start with 2012 !

After the Tet holidays of

2011 almost all of our em-

ployees came back to work

full of enthusiasm after their

holidays, and started their

work determined to make

our company successful. We

promised to teach you all

newer ways of working and

to help you to all improve

your speed and efficiency

without having to work long

hours and with far too many

garments getting in the way

of good quality and a smooth

flow of work. We have made

good progress throughout the

last year and we are now on

the way towards our goal of

being the best garment mak-

ing factory in Ho Chi Minh !

The secret of your success is

that with far less semi-

product laying in piles

around the lines everyone

can work more effectively,

see where all the panels are

situated, and have far more

space to move the pieces

around, taking less time to

adjust the fabric as it is pre-

sented to the sewing needle.

There is also a big improve-

ment in the right-first-time

quality of the finished product

which can be readily seen in

the production figures re-

corded each hour at the end of

the team lines.

We have also kept our prom-

ise to provide football and

After a very busy year once more Mr Kurt Andersen and Miss Trang Nha would like to take this

opportunity to thank all the employees for all their hard work and support during the year in

2011. We know that everyone will have a great time during Tet and that you will enjoy this time

with your families and friends, so please accept the best wishes and thanks for a job well done !

More sports facilities—some only for our ladies !

Football was played by the

Viking boys in 2011 but was

not so successful in attract-

ing many of our far more

numerous ladies. We are not

sure why this should be the

case since we are sure that

there are many girls who are

very capable of running

faster, further and longer

than the men!

We will try to address this after Tet by providing more

chances for our ladies to be

sporting. We will organise

football practice, badminton

and another new table tennis

table only for the use of the

girls during lunch-time and

after work. We hope that this

will get you ladies fit and

enjoying your free-time

more whilst you are with us

in the Viking Vietnam fac-

tory.

Viking Vietnam once again say thank you to all

our Vietnam employees for your work in 2011

The Viking Vietnam Newsletter for January 2012

LEAN in operation and working well

Inside this issue:

THANK YOU ALL 1

How did we do in

2011 ?

1

List of certificate win-

ners for 2011

2

What our managers

are saying

3 &

4

Pictures of our winners

for 2011

5

Our talented

employees

6

A message from our

General Director

7

2011 was a very busy year

for the Vietnamese Viking

factory. A year of improve-

ments, new customers, new

products and new people who

joined our company to make

us even more successful.

2012 will be an even busier

time for many reasons which

we will try and explain to you

in the pages of this

newsletter.

Please do take the time to

read this during your Tet

holiday !

2

Here are pictures of our certifi-

cate winners for 2011. We

would like to thank everyone

for working so well, and even if

you were not lucky enough to

win a prize this time, we hope

you will do so in 2012

Well

done

Vikings

The winners of the reward for excellent

performance– well done everybody !

The winners of the reward for team performance were– Excellent : Accounts Im-

port/ Export, Finishing, Line 4A, Line 6A, Line 8A, and Sampling. Good : Technical,

Mechanics, Gore 3, Gore 5, Line 1A, Line 3A, Line 7A, Seam Sealing. Fairly Good :

QC, Cutting, Gore 2, Gore 4, Line 5A, Welding. Encouraging : Planning, Warehouse,

Gore 1, Line 2A—Well done everybody !

Other awards for Good and Encouraging performances were given—please see the notice board

for further information. We congratulate these employees on their achievement in 2011—it is

your work and dedication that will ensure the future success of our Viking Vietnam Company

and ensure that we all have a bright future for many years to come—thank you all !

Nguyễn Thị Diễm

Lê Chí Thanh

Bùi Thị Thúy Phượng

Trương Thanh An

Phan Tú Tươi

Huỳnh Ngọc Phi

Phạm Thị Thùy Oanh

Cao Thị Mỹ Phương

Trần văn Dương

Nguyễn Thị Nga

Nguyễn Văn Trọng

Nguyễn Thị Dung

Nguyễn Thị Lệ

Nguyễn Thị Thu Thủy (5A)

Nguyễn Thị Thu Trang

Phạm Ngọc Hiếu

Đoàn Thị Nguyệt

Lê Thị Thúy

Phan Thị Hoa

Lê Thị Lan

Dặng Thị Thanh Thúy

Nguyễn Thị Luận

Nguyễn Thị Thu Nguyệt

Nguyễn Thị Ngọc Oanh

Trần Thị Thanh

Lý Kim Phượng

Nguyễn Thị Yến Nhi

Nguyễn Thị Quý

Phan Thị Hồng Đào

Phạm Kiều Hoa

Nguyễn Thị Thành Được

Võ Thanh Khiết

Nguyễn Thị Cẩm thu

Trịnh Thị Thủy

Nguyễn Thị Mộng Kiều

Lê Hồng Sử

Bùi Thị Bích Nga

Nguyễn Anh Dũng

Cao Thị Mỹ Phương Line 1A

Nguyễn Thị Thoa Line 4A

Nguyễn Văn Huy Gore 2

The Highest Efficiency Award

was won by

3

The Viking Vietnam Newsletter for January

What your

managers

are saying!

Time fly, the year 2011 has just come to a close. Let’s welcome a new year with new

hope for higher performance. As the message from our GD- Viking – your trust &

innovation, our BOM is always look for best welfare policies for all of you, and our

factory will be innovated day by day by yourself from your better habits for discipli-

nary compliance, working method LEAN or working environmental conditions, etc.

BOM has done and continue doing the best to make Viking become a huge family for

every employee.

Therefore, no matter how far you come from, or how geographical, culture difference

you are! You are essential member of Viking team to work together and have great

effort for daily living and put your faith upon Viking innovation as the statement of

our GD.

It does not sound untrue to look at the welfare activities for our labourers:

When the inflation happened continuously, price is high and the life become dif-

ficult, BOD has decided in time for increasing salary, supporting allowance, etc.

Training for unskilled workers to upgrade the level for labourers

Training for Management team for managing production line more effectively.

English training or organise useful English Quizzes

Improve the quality of meal by increasing price up nearly 50%

Not only reward for good performance but also encourage the efforts for labourers

Year-end meaningful present for everyone

Create play ground for employees by singing contest on the year end party

Organise & support sports activities as football, table tennis for break time, etc.

Especially, it is surely surprised for you to know that our Chairman – Mr. Kurt is

planning to build up a Kindergarten for supporting our Viking labourers or benefit

for transport fee after Tet holidays, when you come back on time to celebrate the

new year welcome on the first day.

We always listen & concern everybody to bring you the belief in daily life.

Therefore, let‘s join our Viking family & do the best performance for

upgrade our Viking to new greater height in the year 2012!

Miss Kieu

our

Human

Resource

and Health

& Safety

Manager

With the influence of the economic crisis form the middle of 2008,

Viking Viet Nam as well as the garment company have met two

much difficult in order to keep the stable in production and ensure the

life for worker. However, with the exerting of ourselves and the sup-

port of the mother company-Viking Rubber A/s, we step by step over the difficult and develop.

Year 2009, 2010 we can proud we are top in Hoc Mon regarding the average salary and other

benefit for worker.

One the way of development, Year 2011 is the year we have the best result regarding the Turnover

and profit from the establish date. With 41% increasing in turnover compare with last year, 120%

increasing in profit from the production activity, all of you can be pride of. Besides that, the benefit for employee has also in-

creased 25-50%, the payment of salary on time, the meal has improved, the working environment is friendly and clear. That is

the result of the effort of all of us.

Year 2011 has been passed, the New Year has opened with the strong confidence in the target - Viking Viet Nam the first-class

company. I believe that with the management of our GD, the consultant of Mr Ken, the support of Chair man-Mr Kurt and the

important thing is the effort of all of you, we will meet the target in very near future.

Now, it is time for Tet holiday, wishing you and your family the healthy, prosperous.

Ngoc Ha—our

Financial Manager

With the holidays fast approaching, there is much to cheer about this holiday season after 1year hard work-

ing, I am reminded of some of the days of the past year, some joyous, some difficult, sometimes its "ups

and downs" but each given to me as part of my life. Each day is a time to enjoy and learn more about our-

selves and an opportunity to serve one another.

July 27th, 2011 I joint to Viking family as a pleasure to see all of you here. Although we play in different

role and position, to make the group running to the target and your support means the lucky things to me, It

is very glad to work with all of you especially deeply thanks for the guide of Mr Ken and Ms Nha. What-

ever, every party goes to the end.... I might just attend the party in the mid-time, and ending soon but I

wish the party can be more happy after my leaving. Thanks that I ever enjoy the delight of your party here.

In conclusion, my challenge to myself and welcome each new day as it is served to the job to make the

best use of the day we are given in love, forgiveness, and friendship. No matter how joyous or challeng-

ing, I realize the most important that do we cherish and really to serve others with a smile and right atti-

tude or do we ignore it? Certainly, we are given each day as a gift and it is our choice how we use it,

Then it is very important to have strong partners to help each other for Viking do continues to innovate

in 2012 will surely bring many challenges and opportunities for all of you.

HAPPY NEW YEAR TO ALL!!!

Vu Ha—our

Planning and

Merchandising

Manager

4

Dear my family - Viking A year will pass soon, perhaps this moment everyone is hangover, nervous, and start preparing for a

joyful new year with many concerns including the troubles.

1 year has passed with a lot changes and achievements. All we had worked together and traveling on a road to building a Viking

on the development and made everybody have well life.. There have been times , the workers sad, discouraged when we met

some problems such as :new orders and the way for sewing is difficult, productivity is not high ... but with determination we

have overcome.

In recent years, Viking has a healthier, more beautiful than the previous year, which is why we have operated a system, initially

applying LEAN manufacturing methods, higher productivity and life of all staff is greatly improved.

Analysis of the closely related between the parts of the company, we can see the Viking is a man, and each of us is the cell in

the body, if we want a healthy body, energetic, all of us must strive together, if only to eat, does not work, the body will be

obese, if only work and without eating then you cannot live, if you want to have Silky straight hair then you have to regular care

hair ... as well as if we want machine is good running then you have regularly maintenance ...

To say that so everyone felt you are really important in the development of the company.

In addition, I would like to thank all of you in technical dept. , you have made an effort to complete the

work even if that sometimes there are still limited. I hope that in the new year, along with the expan-

sion of the company, people will continue to strive to develop the job.

Finally, I hope for the whole family ..........................

I wish someone had their children will be docile, good student. Who would not have the expected

birth with princess or prince, and who haven’t get married will look forward to seeing each other in

new year ... and finally wished everyone happiness and healthly

"TOMORROW STARTS FROM TODAY"

VIKING’s the ways

Viking’s precursor was a joint venture with the number of workers does not exceed 20 peo-

ple, specializes in producing PVC, everything is primitive, lack of facilities, each tide is

flooding over a half wheels but the people were very pleasant work, cooperation and shar-

ing.

Second step, Viking is began to expand production in the B17 with 6 lines about 200 work-

ers, that stage was quite difficult. With the guidance of the Board of Directors along with a

consensus of us all, although not as expected but also have marked developments.

Third step, Viking expand production again at the B23 & B24 This is the mark of great

development with nearly 500 employees have been training became skilled workers.

Turning look back over six years, what we have done and what not? This is the develop-

ment stage with the fierce competition of the domestic companies and foreign compa-

nies. What the Board of Directors need to do is improve income levels and stable life for

workers. What the workers needs to do is dedicated service for company and people must

to understand that the company get profitable is our life have been improving, this year is

the first year our company achieved profitability so we get higher benefits, more than ever

that the efforts of all our Viking.

After a hard working year to welcome the New Year everyone have a special plans for

yourself, your family, visiting relatives, recreation with saving household expenses in your

fund amassed in a year and we believe that next year with your efforts the Board of Direc-

tors promise that the New Year is always more enjoyable festival than last year.

I wish you all have a sweet and the happiest New Year. Miss Thuy—our Quality

Assurance Manager

What

your managers

are saying

Tet is coming! The breath of spring spreading on every street corner and coming everywhere in our Viking working places.

One year passed, we have made efforts, come up against difficulties for our Viking development. This year will be the starts for

developing, innovation and changing in working methods as applying LEAN method for production and we have got some cer-

tain achievements though we have faced difficulties when starting.

That proved that we are able to accept and integrate with new & good things, high technological

methods. Nothing will be obstacle on the developing ways when Viking is a big family and we are

children hand in hand to come up the challenges to succeed and develop for a new height.

6 years passed from the foundation of Viking, we change everyday, every year, but all things are aim-

ing at improvement purpose for our Viking employee’s daily life.

Thanks to all for build up a now day Viking, a Viking – Trust & Innovation. Let’s keep your strong

belief for Viking development. Tet holiday is near to us, wishing all happy and healthy.

Please come back soon to continue your works for our further development as strength lies

in unity!

Miss My—our Technical Manager

Miss Thao—our Factory Production Manager

5

We all wish you have a wonderful and happy time with your family and

friends during the Tet celebrations, but do please remember we have great

plans to make life here in Viking even better for you in 2012

We will continue to improve the conditions of our factory, to give everyone more

training to make your work more skilled and efficient, so that we become one of

the best place in Ho Chi Minh City to work!

We will continue our support for you all in sport to help you keep fit and healthy

and to learn English for those of who wish.

We need you here in Viking so have fun—but do come back

Hello again Vietnamese Vikings ! It seems just a very short while ago that we all took our annual Tet holidays in

2011, but amazingly here we are ready to celebrate Tet in 2012!

I hope that you have a wonderful time with your families and friends, eat well and

relax during this precious festival period.

In the West we celebrate Christmas and the New Year, but in much the same way

as the Vietnamese people do, we reflect on the past, enjoy the time of the present,

and look eagerly towards the future for our health, wealth and happiness.

Viking has been selling our products to some new and highly prestigious custom-

ers recently, and we have maintained full production even during the period when

most countries have experienced a time of financial crisis due to the world-wide

recession. Our success has been due to the very high quality products that we are

able to make through the control of our technical and quality teams, the skills, and

care taken by all our workers from the warehouse, the cutting room, the sewing

room and the finishing teams. Viking would like to thank you all for the wonder-

ful work you have all done and the results which have been achieved.

Viking has a never ending commitment to the training and improvement of skill

of all our management and workers. We have increased our production teams and

you will all have seen the more careful approach we now have towards the selection and employment of new workers. Our new

human resource and training teams provide a much kinder induction for all new staff, and we have begun multi-skill training for

all our teams. Our supervisors, and other management staff are also learning new skills and techniques to ensure that Viking

Vietnam will soon become the one of the very best specialist garment makers not just in Vietnam—but the world!

Our plans for 2012 are even more exciting! We will continue our skills training programmes and will soon offer more incentive

for all our teams to reduce costs, and to produce garments more efficiently. When we are successful this will give an opportunity

for the teams to earn team-based bonus payments for high quality production.

Viking Denmark continues to sell well these highly-valued products, and we also continue to receive increases in orders from

our well-established customers such as AHS, and Borch, and the UK army. We are also soon to start the manufacture of rain-

wear for PUMA – one of the most best sportswear brands in the world. These contracts will ensure the future of Viking Vietnam

for many years to come, all of our jobs, and even an increase of around 60 further employees in the coming year.

We plan to increase our support of sport facilities for all our employees with a second table-tennis table for our ladies, badmin-

ton facilities and better outdoor seating to be used during break-times. We will continue to support those of you who wish to

improve your English language in your spare time, and hope to see more of you at the regular English quiz which we will now

hold in the canteen so that more people can attend and take part.

Some of you may have heard about our recent expansion plans for a new factory in Bangladesh and may even have spoken to the

young gentlemen we have employed and who visited with us in December 2011. Viking has in the past been many times asked

by our customers to supply very basic and cheap work-wear and in most cases we have had to refuse this request because our

capacity in Hoc Mon was already sold out. Our plans to open a new, much smaller factory in Bangladesh will fill this need for

the future. Each part of the Viking Group is vital in support of the whole to make high quality products and to secure employ-

ment for our workers for many years into the future. This goal can only be achieved if we all play our part and work together as

a true and trusted team each supporting the efforts of all with the skill and commitment you all possess.

I wish you all a wonderful Tet holiday and a truly successful future together in

the Viking Company for many years to come.

Ken Hardy Do please hurry

back to Viking

after Tet!

On the long

road to being

‘THE BEST’

6

Here are some pictures o

f our

singing competiti

on winners for

2011. We would lik

e to thank

everyone for taking part a

nd giv-

ing us such wonderfu

l entertain-

ment, even if

you did not win a

prize this time !

The Viking singing

competition

Winner—Nguyễn

Minh Tân from

line 8A

Second place—

Trần Thị Ngọc

Tuyền from line

Gore 4

Second place—

Trần Văn Bình

from the finishing

section

The Winner

The Green Team

Winners of the recent management train-

ing course trophy

After 2 days of tests, physical trials and

hard brain work this team scored the most

points and won the prestigious trophy

which they will proudly keep and show to

all until the next training day.

All of the teams worked very hard and

really enjoyed their time together ensur-

ing that all our employees wherever their

duties lie, have great communication and

respect for one another.

Above all the teams all had great fun and

enjoyment—one of the great secrets in

life is—Smile and be Happy !

7

My dear family

It was my honour when I had the chance to build and travel with all of you in the Viking

path from 2005 until today.

With me –the Viking family is really a wonderful family and has great significance in my

mind. I hope and believe that you may have the same opinion as I do!

As a manager, I try my best to build a close-knit family, which lives together in perfect har-

mony.

I do my best to share the difficulties which our family can meet on the way, because I don’t

wish it to effect too much with our private lives. We are always looking for the positive,

smart solution together to help us all to find success.

We have the honour of sharing as much as possible from our profit with our family member

as well as increasing higher level of benefit.

We have achieved many good things in 2011 - we reduced over time working to an average

only 5 hours per week and our income increased by 10%. We are also happy that we did

better than we promised for all of you last year. This was a major step for our development.

We have continued with our commitment to you for healthcare, studying , sport etc and

these are practical benefits for all.

We are proud of that we have all built a polite and caring society in our workplace .

We are proud of your positive attitude towards changes in your team structures which will

contribute so much towards our success on the innovation path we have chosen for

VIKINGVIETNAM. We believe that has been a large contributor for our recent successful

and is helping to build a solid base for our future.

We believe that we can achieve still more in the near future if we continue to work closely

in our family together.

In new year we intend to make further improvements by -

The better use of the Lean method in all departments, continuous training and de-

velopment of skills

Contribute to the building of VIKING BANGLADESH and other partners

Build a kindergarten to help share the difficulties of young mothers in our family.

Create more areas for healthy activity such as: karaoke, English teaching,

football , badminton, volleyball… for both men and women.

To improve our team balancing for the benefit of all team systems

We need to build better benefits, income, and to create the very best environment if

we are to ensure that all our member feel confident to stand with

us for the long term.

We are determined to do our best and we believe that VIKING

VN will be even more successful in the new year 2012 and this

will help to create the support and maintain the belief of our

family- VIKING VIETNAM.

I ask you please to hold firm with our beliefs. We are travelling

together on an innovative path so that VIKING VIETNAM can

enjoy future success!

We all wish you have a wonderful and happy time with your

family and friends

during Tet celebra-

tion, you and your

family the very best

of health, vitality,

fun, and a prosperous

new year in 2012.

Finally, thank you all

of your contributions

in 2011 and please

remember that we have great plans to make life

here in VIKING VIETNAM much

better for all our family members in

2012.

Nha

Our General Director address-

ing the Company of Viking

Vietnam at our annual end of

year celebration held a few

days ago

The celebrations get underway

with our Masters of Ceremony

Miss Oanh and Phong doing a

professional job of presenta-

tion once more this year

Proud to be a Viking !