FIRST TEAM (VIETNAM) GARMENT LIMITED

FIRST TEAM (VIETNAM) GARMENT LIMITED, FIRST TEAM (VIETNAM) GARMENT LIMITED, FIRST TEAM (VIETNAM) GARMENT LIMITED is an active foreign-invested manufacturing enterprise operating in Vietnam under the Vietnamese name CÔNG TY TNHH MAY MẶC FIRST TEAM VIỆT NAM. The company is registered under Tax Identification Number 3901183058 and is headquartered at Lot A1, Road 787, Thanh Thanh Cong Industrial Park, An Hoa Ward, Trang Bang Town, Tay Ninh Province, Vietnam. Established on 14 March 2014, the company has operated continuously for more than 11 years and has become one of the largest garment manufacturers in southern Vietnam.

From a legal and ownership perspective, FIRST TEAM (VIETNAM) GARMENT LIMITED operates as a one-member limited liability company with full FDI status. The company maintains a substantial charter capital of approximately USD 118.9 million, with paid-up capital closely aligned at USD 118.7 million. The ownership structure is entirely held by FIRST TEAM (HK) LIMITED, reflecting a wholly foreign-owned production platform serving regional and international supply chains.

The company’s executive management is led by Mr. WANG Z. A., serving as General Director. He is supported by Mr. TRAN C. V., Deputy General Director, and Ms. LE T. T. H., Chief Accountant. Together, the management team oversees a workforce of approximately 6,600 employees across its central facility in Tay Ninh and its branch operation in Lam Dong Province, indicating a high-capacity, labor-intensive manufacturing model.

Operationally, FIRST TEAM (VIETNAM) GARMENT LIMITED specializes in the manufacture of wearing apparel, excluding fur apparel. Its core activities include the production and processing of knitted garments, such as sweaters, skirts, gloves, scarves, and related textile products, as well as the production of fabrics. The company also holds licenses for a wide range of auxiliary manufacturing activities, including footwear, plastics, rubber products, printing, and selected real estate-related services, providing operational flexibility within its industrial footprint.

Financially, the company demonstrates a solid asset base and improving profitability. As of the most recent fiscal year, total assets stood at approximately USD 149.8 million, while total sales reached about USD 85.4 million, reflecting strong year-on-year revenue growth. Notably, FIRST TEAM (VIETNAM) GARMENT LIMITED returned to profitability with a net profit of around USD 1.24 million, supported by improved operating efficiency and a significant expansion in working capital. Owners’ equity remained stable at approximately USD 98.2 million, underscoring the company’s strong capitalization.

Overall, FIRST TEAM (VIETNAM) GARMENT LIMITED represents a well-capitalized, export-oriented garment manufacturer with large-scale operations, a stable ownership structure, and improving financial performance. Its combination of substantial capital investment, experienced management, and diversified manufacturing capabilities positions the company as a resilient player within Vietnam’s textile and apparel sector.