Garment Manufacturing in Action – Illustrative Image
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According to Vinatex, amidst new U.S. tariff policies pressuring the industry, the corporation and its member companies are leveraging advantages from 17 free trade agreements to diversify markets and stabilize production.
In the first eight months of 2025, Vietnam’s textile and garment exports reached nearly 31 billion USD, a 7% increase compared to the same period in 2024. Garment exports accounted for 26.4 billion USD, up 8.3%, while textile fiber exports reached 4.45 billion USD, slightly down 0.6%. Exports to the U.S. and EU rose by over 12%, Japan by 7.8%, and China and ASEAN by 3.7%. South Korea saw a 9.3% decline. Vinatex forecasts continued positive growth for the industry in 2025.
The fiber sector showed significant improvement, with many units securing full orders for September and October, particularly for coarse and fine combed yarns. Some companies effectively capitalized on local exports to FDI enterprises. In the first seven months, the fiber industry’s profit reached nearly 73% of the annual plan (approximately 125 billion VND).
Conversely, the garment sector faces pressure from smaller, short-term orders and tougher price negotiations. Companies must maintain their workforce, optimize costs, and ensure origin documentation to comply with new tariff policies.
Viet Thang, Hanosimex Maintain Annual Plans
Viet Thang Corporation (HOSE: TVT) reported August revenue of 101.7 billion VND and pre-tax profit of 6 billion VND, achieving 38% and 40% of Q3 targets, respectively. In the first nine months, profits exceeded the annual plan by 8%, though revenue reached only 77% of the target. The company focuses on reorganizing production, reducing inventory, and promoting finished fabric sales while advancing origin certificates to expand exports to the U.S., Japan, and EU.
At Hanosimex (UPCoM: HSM), the fiber sector secured full orders from late August, avoiding losses. Garment orders for September, October, and November are 85-90% filled, with December at over 50%. The towel sector maintains around 60% order levels. The company prioritizes timely deliveries, stable production, and sustaining profits similar to July and August (over 5 billion VND).
Phong Phu, Hoa Tho Expand International Partnerships
Phong Phu Corporation (UPCoM: PPH) maintains stable sewing thread production at approximately 650 tons/month, 8% higher than last year. For terry towels, Phong Phu continues to target the U.S., Japan, and Europe while negotiating increased volumes to optimize costs.
Hoa Tho Textile Garment Corporation (HOSE: HTG) closely monitors U.S. tariff policies, actively expanding partnerships with Canada, Japan, EU, and South Korea. The company also focuses on technological innovation, cost control, and ensuring supply chain traceability to leverage FTA tariff benefits.
Viet Tien Garment Corporation (UPCoM: VGG) noted cautious order trends in Q3 but maintained stable production and employment. In Q4, Viet Tien proactively seeks alternative orders to meet annual revenue and profit targets.
– 15:38 24/09/2025
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