DUC GIANG CORPORATION
ActiveDUC GIANG CORPORATION
ActiveDUC GIANG CORPORATION
ActiveSummary
At first glance, garment manufacturing looks like a crowded, low margin business. But look closer, and companies that survive two decades inside this industry tend to tell a more interesting story. DUC GIANG CORPORATION is one of those stories. Established in Ha Noi and operating for more than nineteen years, DUC GIANG CORPORATION has quietly remained part of Vietnam export garment backbone while global fashion cycles, sourcing strategies, and labor economics continuously shifted beneath it.
Why Vietnam Garment Industry Still Matters Globally
Globally, apparel manufacturing has been reorganizing for years. Rising costs in China, supply chain diversification after the pandemic, and geopolitical risk have pushed global buyers to rethink sourcing. Vietnam has emerged as one of the most stable alternatives. Strong trade agreements, skilled labor, and export infrastructure allow Vietnamese manufacturers to remain embedded in global fashion supply chains even as volumes fluctuate.
However, the industry has matured. Growth is no longer guaranteed by capacity alone. Buyers demand reliability, compliance, cost control, and financial stability. This is where experience matters more than speed.
Where DUC GIANG CORPORATION Fits in This Landscape
DUC GIANG CORPORATION operates as a publicly held joint stock company listed on UPCoM under the ticker MGG. It focuses primarily on the manufacture of wearing apparel, supplying export markets while maintaining a diversified operational footprint that includes raw material trading, machinery, and supporting services. This diversification reflects a strategic understanding of how fragile single revenue stream garment factories can be during demand corrections.
The company employs more than 1,300 people, placing it firmly in the mid scale manufacturing tier where operational discipline directly affects survival.
In 2023, DUC GIANG CORPORATION recorded about $72.51 million in total sales.
Global Apparel Outlook and Vietnam Role Going Forward
Worldwide apparel demand is expected to recover gradually, not explosively. Consumers remain price sensitive, while brands are cautious about inventory risk. Vietnam remains a core sourcing destination, but competition from Bangladesh, India, and nearshoring options is intensifying.
The next phase of industry growth will favor manufacturers that can deliver consistency, compliance, and financial resilience rather than just low cost labor. Scale alone is no longer enough. Governance, liquidity, and operational maturity increasingly determine which factories stay on preferred supplier lists.
VNBIS Insight Preview and Next Step
This public overview introduces DUC GIANG CORPORATION as a mid scale garment manufacturer navigating a global apparel reset, without disclosing sensitive buyer contracts or cost structures. The full VNBIS Company Comprehensive Report provides verified legal information, shareholder structure, multi year financial analysis, liquidity signals, and risk indicators that help readers understand not just performance, but durability.
THE FULL REPORT IS AVAILABLE AT www.vnbis.com
You can also BOOK A COMPLIMENTARY CONSULTATION AT https://vnbis.com/contact/ to discuss how DUC GIANG CORPORATION and Vietnam garment industry fit into your broader sourcing, lending, or investment analysis.
Legal Profile
Contacts
+ HOANG V.D
+ PHAM T.L
+ NGUYEN V.T
+ BUI X.D
+ LE Q.T
+ LE H.H
+ PHAM T.T
+ PHAM T.L
+ HOANG N.Q
Business Sector
Key business lines:
Industry Sales Growth
1.58%
-1.55%
Companies by industry
18,419
0.6333%
Key Industry Players
Payment History
Financial Performance
| Assets | -94.42% |
| Owner’s Equity | 90.91% |
| Working Capital | 37.65% |
| Net Worth | -31.55% |
| Sales | 69.83% |
| Operating income | -97.43% |
| EBIT | -64.83% |
| Gross Profit Margin | 45.63% |
| Debt to EBITDA | 1.20% |