- Sector
- Process industries
- Industry
- Textiles
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Jan 10, 2018
- Business
- 28.1 Joint Stock Company (UPCoM: AG1), formerly known as Facility 1 of X28 Garment Enterprise, is a Vietnam-based apparel manufacturing enterprise specializing in the design, tailoring, production, and export of formal wear and specialized garments. Founded on December 2, 1991, and headquartered in Ho Chi Minh City, Vietnam, the company operates as a core subsidiary of General Department 28 (Agtex28), under the Ministry of National Defence, which holds a 51% controlling interest following the company's equitization in 2016 and subsequent listing on the UPCoM exchange in 2018. Operating from an integrated 16,169-square-meter manufacturing campus equipped with modern automated sewing and cutting machinery, the company maintains an annual production capacity of 1.0 to 1.5 million suit sets, 600,000 dress trousers, and 70,000 waistcoats.
The company offers a comprehensive portfolio of apparel products and commercial services, including: Men's Tailored Suits and Vestons; Women's Tailored Suits, Jackets, and Blazers; Formal Dress Trousers and Slacks; Waistcoats and Vests; Military Uniforms, Ceremonial Attire, and Protective Workwear; Wholesale and Distribution of Garment Materials, Technical Textiles, and Industrial Sewing Equipment; Petroleum Retail Agency Services; and Industrial Park Infrastructure Management and Facility Leasing. The company's manufacturing operations primarily serve international export markets across the United States, the European Union, the United Kingdom, Japan, and Australia, delivering OEM and FOB production for international fashion brands including Calvin Klein, Michael Kors, The Black Tux, Stitch Fix, Reiss, Moss Bros, Ted Baker, Next, and T.M. Lewin, in addition to supplying domestic institutional contracts.
In recent corporate developments, 28.1 Joint Stock Company has executed governance updates and strategic modernizations to strengthen operational resilience and export competitiveness. In 2026, the company held an Extraordinary General Meeting of Shareholders in August following its Annual General Meeting in April, approving corporate governance enhancements and structural charter revisions. Across 2024, 2025, and 2026, the company maintained regular cash dividend distributions to equity holders backed by sustained export order volumes. In its manufacturing operations, the company has advanced the technical modernization of its assembly lines through automated fabric-cutting technologies and digital pattern-grading systems, aligning with stringent international environmental, social, and labor compliance standards while reinforcing supply chain integration with parent corporation Agtex28.