THANG LONG EXPORT DYEING TEXTILE COMPANY LIMITED

Thang Long Export Dyeing Textile Company Limited is a long established Vietnamese enterprise specializing in spinning textile fibres and producing yarn, fabric, and textile products for both domestic and export markets. Founded in 2002, the company operates from Hung Yen Province and maintains multiple production facilities that support a vertically integrated textile process. With a workforce of 600 employees, the company supplies yarn, woven fabric, and towel products while also engaging in garment production, textile finishing, and specialized wholesale operations.

The company’s registered business portfolio spans an unusually wide scope, from textile manufacturing and apparel production to carpentry, furniture, construction finishing, and even food service activities. This unusually broad registration profile is noteworthy, as it suggests long term diversification intentions beyond traditional textile operations, a rare characteristic among medium sized firms in the sector.

Leadership and Shareholders

Thang Long is led by Tran V. H., Director and Legal Representative, who oversees strategic direction, production management, and export operations. His leadership is supported by a shareholder group concentrated within a family led ownership structure.

The majority shareholder, Tran V. H., holds 79.11 percent of equity.
Tran T. N. owns 13.47 percent, and Tran T. M. holds 7.42 percent, reflecting a privately held structure with unified control and streamlined decision making across operational and financial matters.

Financial Growth and Market Risks

Thang Long recorded USD 78.21 million in revenue during 2023, achieving substantial top line growth of nearly fifty percent compared to the previous year. However, assets decreased and profits turned sharply negative due to rising production costs, weaker export pricing, and sector wide pressures affecting textile manufacturers. Working capital remained negative, emphasizing the company’s reliance on short term financing and supplier credit to sustain operations.

Risks include fluctuations in raw material prices, competitive pricing pressure from regional textile producers, foreign exchange exposure, and the capital intensive nature of yarn and fabric production. The textile sector is also sensitive to global demand cycles, regulatory changes, and shifts in international sourcing patterns. Stakeholders seeking a clear understanding of Thang Long’s solvency, credit posture, and operating resilience will find full analytical details available in the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam’s textile and garment industry continues to face both opportunity and pressure, shaped by global supply chain restructuring, export demand, and the growing need for higher value textile products. Thang Long benefits from an integrated production model, established manufacturing facilities, and a strong labor base, positioning it to respond to shifts in domestic and export markets.

Short term performance will be influenced by input cost control, operational efficiency, and contract stability. Long term competitiveness will depend on technology upgrading, sustainability compliance, and the company’s ability to move into higher margin textile segments. Investors evaluating the company’s strategic direction will gain deeper clarity through enhanced financial and risk intelligence.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of business intelligence services to support investors, suppliers, and financial institutions evaluating Thang Long Export Dyeing Textile Company Limited.

VNBIS services include:

• Company Credit Reports assessing solvency, liquidity, and financial health
• Risk Management Solutions analyzing exposure to textile market cycles, production costs, and cash flow risk
• Business Verification and Due Diligence Reports confirming ownership structure, regulatory status, and governance

For clients requiring up to date financial data, verified corporate information, and newly investigated insights, the VNBIS Company Comprehensive Report offers the most complete and authoritative assessment available. VNBIS supports secure, transparent, and data driven business decisions.