Home / Knowledge / News / Apparel/Garments / TNG generates record revenue in Q3
TNG generates record revenue in Q3
Nov '08
Thai Nguyen Garment Joint Stock Company (TNG), the manufacturer of men, women and children's garments including jackets, pants, shorts, athletic wear and others, has reported to have earned revenue worth VND 267.4 billion (US$ 16.2 million) in the third quarter of this year. The figures represented a surge of 116.5 percent in comparison with the second quarter.

During these nine months, TNG fetched revenue worth VND 480.94 billion ($29.14 million), showcasing a rise of over 75 percent in comparison to similar period last year.

Explaining reason of such sky–rocketed growth in third quarter, an official from the Company said that each year, during the third quarter, TNG has been able to generate high revenue from the exports of garment products.

However, keeping in mind the results of global economic downturn, TNG recently reduced its revenue target from $44.45 million to $43.5 million.

Thai Nguyen Garment Joint Stock Company is a member of the Viet Nam Textile and Apparel Association (VITAS). With more than 3, 000 employees, 351 production lines, the production facilities span a total area of 110, 000 m2.

Due to superior product quality, better service level and competitive pricing, TNG has been able to create a niche for itself in countries like Japan, Canada, the US and EU.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search