Textile Manufacturing – Illustrative Image
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In the first nine months of 2025, Dap Cau Garment Joint Stock Corporation (UPCoM: DCG) estimated a revenue of VND 330 billion and pre-tax profit of VND 15.6 billion, achieving 66% of the annual revenue target and 78% of the profit target. The company anticipates challenges in Q4 due to a higher proportion of small orders and a 10% decrease in average prices. DCG is focusing on improving productivity and maintaining quality to offset price reductions, aiming for VND 500 billion in revenue and VND 20 billion in pre-tax profit, ensuring stable employment for 1,750 workers.
Duc Giang Garment Corporation – JSC (UPCoM: MGG) reported a nine-month revenue of over VND 1,877 billion, up 7% year-on-year, and pre-tax profit of VND 22.1 billion, a significant 51% increase. These figures represent 70% of the annual revenue target and 76% of the profit target. Export turnover reached approximately USD 62 million, while the domestic market contributed VND 278 billion.
Hoatho Textile Garment Joint Stock Corporation (HOSE: HTG) estimated consolidated nine-month revenue at VND 4,202 billion, achieving 83% of the annual plan, and pre-tax profit at VND 329 billion, reaching 91% of the target. Compared to the same period in 2024, revenue grew by 11%, and profit surged by 39%, marking the highest nine-month profit in its history. HTG projects an additional VND 1,023 billion in revenue and VND 71 billion in pre-tax profit for the final quarter.
Phu Bai Fiber Joint Stock Company (UPCoM: SPB) estimated nine-month revenue at VND 822 billion and pre-tax profit at over VND 17 billion, reflecting a 12% decline in revenue but a nearly 72% increase in profit year-on-year. The annual plan achievement rates are 71% for revenue and 58% for profit. For the full year, revenue is projected at VND 1,132 billion, and pre-tax profit at VND 27 billion, corresponding to 98% and 91% of the targets, respectively, despite a nearly 15% drop in revenue, profit is expected to rise by 77% compared to the previous year.
Meanwhile, Viet Thang Corporation (HOSE: TVT) recorded August revenue of VND 101.7 billion and pre-tax profit of VND 6 billion, achieving 38% and 40% of the Q3 targets, respectively. Cumulatively, nine-month profit surpassed the annual plan by 8%, though revenue reached only 77%. TVT is restructuring production, reducing inventory, boosting finished fabric sales, and expanding exports to the US, Japan, and the EU.
As the parent company of the above entities, Vietnam National Textile and Garment Group (Vinatex, UPCoM: VGT) reported that nine-month 2025 business results achieved approximately 80% of the annual plan. Consolidated revenue is estimated to increase by 4-5%, and profit by 25-30% year-on-year. Maintaining this growth could lead Vinatex to surpass its record profit of over VND 1,400 billion achieved in 2021.
The fiber sector stood out with output four times higher than planned, while the garment sector remained the key driver, growing by around 60% and expected to contribute nearly VND 800 billion in profit. Weaving, dyeing, and towel segments also made positive contributions, albeit at smaller scales.
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Vietnam’s textile and garment industry recorded a nine-month export turnover of USD 34.75 billion in 2025, up 7.7% year-on-year. Vietnam now ranks third globally in textile and garment exports, moving beyond low-cost manufacturing. Vietnamese textile products are present in 138 markets, leveraging 16 signed free trade agreements (FTAs), with expectations to reach 22 agreements by 2027. |
– 15:29 10/10/2025
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