TAINAN TEXTILE CO.,LTD

TAINAN TEXTILE CO., LTD operates under the Vietnamese name CÔNG TY TNHH SỢI LONG THÁI TỬ and is a foreign-invested textile manufacturer located in Nhon Trach II Industrial Park, Nhon Trach Commune, Dong Nai Province, Vietnam. The company was registered on 19 November 2013, has over 12 years of operating history, and remains active. Its Business ID / Tax Identification Number (TIN) is 3603101099. 

TAINAN TEXTILE specializes in the spinning of textile fibres, primarily producing cotton yarn and related textile inputs for downstream fabric and garment manufacturers. The company also engages in textile finishing, non-specialized wholesale trade, and selected retail activities, positioning it as an upstream supplier within Vietnam’s textile and apparel value chain. The enterprise employs around 850 workers, reflecting a sizable industrial footprint in Dong Nai Province.

From a financial perspective, 2023 was a challenging year. Total assets stood at USD 112.6 million, broadly stable year on year, while sales declined to USD 86.35 million (–17.08% YoY), reflecting softer demand in the global textile market. More notably, the company recorded a net loss of USD 12.12 million, a sharp reversal from modest profits in 2022. As a result, owner’s equity fell to USD 78.22 million (–18.75% YoY). Despite this, working capital remained positive at USD 27.89 million, indicating that short-term liquidity remains manageable despite operating losses.

General Director Chen C. H., a Taiwanese national, leads the company. Ownership is evenly split between Tainan Spinning Co., Ltd. (Vietnam) and Tainan Spinning (Singapore) Pte. Ltd., each holding 50%, underscoring its role as part of a regional textile manufacturing group.

Overall, TAINAN TEXTILE CO., LTD represents a capital-intensive, upstream textile producer with a solid asset base but currently exposed to cyclical pressures in global yarn demand. Its recent losses highlight the importance of close monitoring of market recovery, cost control, and margin normalization for partners and counterparties involved in Vietnam’s textile supply chain.