DUC GIANG CORPORATION

Active
Business ID 0100101403
84-24 / 3827 1344 / 3655 6501
Risk Score

DUC GIANG CORPORATION

Active
Business ID 0100101403
84-24 / 3827 1344 / 3655 6501
Risk Score
DUC GIANG CORPORATION
Active

Summary

DUC GIANG CORPORATION
0100101403
28 Dec 2005
Ha Noi City Department of Finance
MGG
No. 59, Duc Giang Street, Ha Noi City, Vietnam
84-24 / 3827 1344 / 3655 6501
2020, 2021, 2022, 2023, 2024

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.

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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

No. 59, Duc Giang Street, Ha Noi City, Vietnam
84-24 / 3827 1344 / 3655 6501
No. 450, Da Nang Street, Hai Phong City, Vietnam

Business Sector

Key business lines:

14.11 Manufacture of wearing apparel, except fur apparel

Industry Sales Growth

icon-cagr-down

1.58%

icon-yoy-up

-1.55%

Companies by industry

icon-number

18,419

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0.6333%

Key Industry Players

Payment History

Purchase the report to access company details.

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%
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Company Reports

Company Profile Report

Legal Profile
Contact and Location
Legal Representative
Shareholders
Business Operation
Assets
Owner's Equity
Sales
Profit
Legal Profile
Business Locations
Legal Representative
EBT
EBITDA
Working Capital
Tangible Net Worth
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Report Summary
Legal Profile
Historical Information
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Subsidiary and Affiliated Company
Management and Directors
Shareholders
Business Operation
Suppliers
Buyers
Credit Limit
Industry Information
Key Industry Players
Competitors
Negative Payment Records
Banking Information
Litigation Records; Negative News
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Opinion from Analysts

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Specific Questions About DUC GIANG CORPORATION

When did DUC GIANG CORPORATION start operating?

DUC GIANG CORPORATION was started in 28 Dec 2005

What industry does DUC GIANG CORPORATION operate in?

DUC GIANG CORPORATION is operating in "Manufacture of wearing apparel, except fur apparel" industry

How can I contact DUC GIANG CORPORATION?

DUC GIANG CORPORATION phone numbers is 84-24 / 3827 1344 / 3655 6501

What adverse news is there about DUC GIANG CORPORATION?

DUC GIANG CORPORATION’s has 2 bad news

What is stock symbol of DUC GIANG CORPORATION?

DUC GIANG CORPORATION’s stock symbol is MGG

Where is the location of DUC GIANG CORPORATION?

DUC GIANG CORPORATION is located at No. 59, Duc Giang Street, Ha Noi City, Vietnam

What is DUC GIANG CORPORATION’s business registration?

DUC GIANG CORPORATION business registration is 0100101403