DONGJIN TEXTILE VINA CO., LTD

Company Overview

Dongjin Textile Vina Co., Ltd — known in Vietnamese as Công ty Trách nhiệm Hữu hạn Dongjin Textile Vina — is a foreign-invested textile manufacturer that has been operating in Vietnam for over 22 years. Registered on 31 December 2003 with the Dong Nai Department of Planning and Investment, the company carries Business ID 3600663685 and operates as a limited liability company (LLC) under full ownership of its South Korean parent, Dongjin Textile Co., Ltd.

The company's head office is located at Lot D8-1, Road No. 2, Long Binh Industrial Park, Long Binh Ward, Bien Hoa City, Dong Nai Province, Vietnam, with additional factory and workshop facilities spread across the Loc An–Binh Son and Nhon Trach Textile Industrial Parks in Dong Nai Province.

Core Business Activities

Dongjin Textile Vina's primary business is the production of lining fabrics and fiber. Its registered activities span the full textile value chain, including the weaving of textiles, spinning of textile fibres, and manufacture of knitted, crocheted, and non-woven fabrics. The company employs approximately 350 workers and maintains a charter capital of USD 7.7 million.

Key Personnel

The company is currently led by Mr. Cho H. G., who serves as General Director. A South Korean national, he can be reached directly via the company's registered contact number: (84-251) 3993 368/369/370/71.

Financial Highlights

Dongjin Textile Vina has demonstrated solid financial standing over recent years, with its most recent audited figures (FYE 31 December 2023) showing:

• Total Assets: USD 90.66 million
• Owner's Equity: USD 85.18 million
• Total Sales: USD 62.03 million
• Net Profit: USD 18.38 million

While total assets and sales declined moderately year-on-year in 2023 (by approximately 6.76% and 6.22% respectively), reflecting broader market headwinds, the company's profitability bucked this trend with a 5.88% increase in net profit — a sign of improved operational efficiency. Working capital stood at USD 55.03 million, underscoring the company's strong liquidity position.

The company's peak performance was recorded in 2022, when total assets reached USD 97.24 million and total sales climbed to USD 66.14 million — growth of 23.64% and 29.84% respectively compared to the prior year.

Conclusion

With more than two decades of operations in Vietnam, a robust manufacturing footprint across Dong Nai Province, and consistently profitable financials, Dongjin Textile Vina Co., Ltd remains a notable player in Vietnam's textile and fabric manufacturing sector. Backed entirely by its South Korean parent company, it continues to serve as a key production hub for lining fabrics and fibers in the region.