HOA THO TEXTILE - GARMENT JOINT STOCK CORPORATION: A Pillar of Vietnam’s Textile and Apparel Industry

HOA THO TEXTILE - GARMENT JOINT STOCK CORPORATION, known in Vietnamese as Tổng Công Ty Cổ Phần Dệt May Hòa Thọ, stands as one of Vietnam’s most reputable and long-standing players in the textile and garment sector. Founded on January 30, 2007, and registered under Business ID 0400101556, the company is based at No. 36, Ong Ich Duong Street, Hoa Tho Dong Ward, Cam Le District, Da Nang City. As a state-invested joint stock company, it carries a legacy of excellence that stretches over 18 years, with its stock traded on the Ho Chi Minh Stock Exchange under the ticker symbol HTG.

HOA THO CORPORATION operates with a sizable workforce of over 9,600 employees, reflecting its role as a major employer in the central region. The company’s production and distribution network spans multiple provinces, including branches in Ho Chi Minh City, Quang Nam, and Quang Tri, enhancing its reach across Vietnam’s industrial and consumer markets. Its main business revolves around the manufacturing and export of garments, textiles, and yarns, serving both domestic and international customers with a wide range of high-quality apparel products.

The leadership team is spearheaded by Mr. NGUYEN VAN HAI, who serves as Chairman of the Board, alongside Mr. NGUYEN NGOC BINH, the General Director, and Mr. PHAM NGOC TRUNG, the Managing Director. Together, they lead the company’s strategic development and global market expansion.

Financially, the company has demonstrated notable resilience and growth. In 2024, total assets reached USD 120.05 million, marking a robust 16.53% year-over-year increase, while owner’s equity rose to USD 37.96 million, a 10.42% gain compared to 2023. Annual sales revenue climbed to USD 209.64 million, rebounding from the previous year's dip and showing an 8.57% improvement. Most impressively, net profit soared to USD 11.61 million, a 66.3% surge from 2023, highlighting operational efficiency and rising global demand for its textile and apparel products.

HOA THO’s charter capital, fully paid as of the end of 2024, stands at approximately USD 14.79 million. The company’s ownership is anchored by Vietnam National Textile and Garment Group (Vinatex), which holds a 61.87% stake, with the remainder owned by diverse private and institutional investors. This combination of public investment and private sector dynamism underpins the company's strong financial foundation and sustainable growth trajectory.

As global fashion brands and international buyers increasingly seek reliable and compliant manufacturing partners in Southeast Asia, HOA THO CORPORATION has become a strategic ally. Its certified processes, experienced management, and expansive production capacity position it as a top-tier supplier in the competitive garment export market.

This comprehensive information is curated and validated by VANGUARD BUSINESS INFORMATION LLC (VBI), a trusted source of corporate credit reports, risk management insights, and company verification services in Vietnam. For professionals and organizations involved in procurement, investment, or compliance, platforms like https://www.vnbis.com provide a gateway to real-time, accurate business data on companies like HOA THO, supporting confident and data-driven decisions.

With its strong financial profile, expansive operations, and strategic backing, HOA THO TEXTILE - GARMENT JOINT STOCK CORPORATION continues to be a benchmark in Vietnam’s apparel manufacturing sector, paving the way for growth, transparency, and excellence in global textile supply chains.