- CEO
- Hai Van Nguyen
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Da Nang Vietnam
- IPO Date
- Nov 9, 2023
- Business
- Hoa Tho Textile - Garment Joint Stock Corporation is a Vietnam-based manufacturer and exporter engaged in the production, processing, and distribution of yarns and apparel products. The company operates through two primary business segments: Garments and Yarns. Its Garment division manufactures and supplies ready-made apparel, including men's and women's tailored suits, blazers, and formal trousers; casual pants, shorts, and denim wear; dress shirts and casual shirts; outerwear, winter jackets, and windbreakers; knitted activewear and polo shirts; protective workwear and uniforms; and children's clothing, operating across Cut-Make-Trim (CMT), Free-on-Board (FOB), and Original Design Manufacturer (ODM) production models. Its Yarn division produces and distributes spun yarns, including carded and combed 100% cotton yarns; polyester-cotton (TC and CVC) blended yarns; polyester-viscose (TR) blended yarns; modal, bamboo, and tencel yarns; slub yarns and core-spun spandex yarns; and recycled poly-cotton yarns for weaving and knitting applications. In addition, the corporation engages in the wholesale trading and import-export of raw materials, including raw cotton, synthetic fibers, textile chemicals, dyes, and garment accessories, as well as the provision of warehousing, bonded storage, and commercial logistics services. Hoa Tho Textile - Garment Joint Stock Corporation distributes products across the domestic Vietnamese market and exports to international destinations, primarily the United States, the European Union, Japan, South Korea, Canada, and ASEAN member countries. In recent developments, the company officially transitioned and listed its shares on the Ho Chi Minh City Stock Exchange (HOSE) under the ticker symbol HTG, expanding its capital structure and investor reach. To align with global sustainability standards, the corporation has implemented comprehensive green transformation initiatives, including installing rooftop solar energy systems across its manufacturing complexes, upgrading digital automation in spinning and sewing workshops, optimizing water recycling systems, and obtaining environmental and social certifications such as OEKO-TEX Standard 100, WRAP, and the Higg Index. Furthermore, the company has expanded its high-value ODM suit manufacturing capacity and integrated sustainable fiber development in coordination with the Vietnam National Textile and Garment Group (VINATEX) ecosystem. Founded in 1962 and operating as an affiliate of VINATEX, Hoa Tho Textile - Garment Joint Stock Corporation is headquartered in Da Nang, Vietnam.