Viet Tien Garment Corp.
UUPCOM:VGG37,500.00
VND
+400.00
(+1.08%)
Viet Tien Garment Corp.
UPCOM:VGG
(Unlisted Public Company Market)
Recent
price
37,500.00
P/E
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div
yld
- -
ROIC.AI
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- Business
- Viet Tien Garment Joint Stock Corporation is a Vietnam-based apparel manufacturing and trading enterprise primarily engaged in the design, production, distribution, import, and export of ready-to-wear garments, fashion accessories, and textile equipment. Founded in 1977 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key member of the Vietnam National Textile and Garment Group (Vinatex). Viet Tien provides integrated apparel supply chain services spanning Cut-Make-Trim (CMT), Free on Board (FOB), Original Design Manufacturer (ODM), and Original Brand Manufacturer (OBM) production arrangements. Its primary product offerings encompass men's and women's formal and casual apparel, including dress shirts, suits, blazers, trousers, khaki pants, jackets, polo shirts, sportswear, and corporate uniforms; fashion accessories, including neckties, leather belts, wallets, and socks; and industrial supplies, including textile raw materials, sewing machinery, and garment spare parts. The company sells its proprietary labels across multiple market tiers, including Viettien and Viettien Smartcasual for middle-income consumers; San Sciaro, Manhattan, and TT-up for premium segments; and Viet Long for the economy segment. Additionally, it serves as an original equipment and contract manufacturer for prominent global brands such as Nike, Calvin Klein, Skechers, Converse, and Uniqlo. Viet Tien operates across domestic and international markets, distributing locally through a widespread network of Viettien House concept stores and retail agents throughout Vietnam, while exporting extensively to major markets including the United States, Japan, the European Union, South Korea, and ASEAN nations. In recent operational developments, Viet Tien has accelerated its strategic shift from basic CMT subcontracting toward high-margin FOB and ODM manufacturing while deepening supply chain integration through the Viet Thai Tech fabric joint venture with Luen Thai and Newtech Textprint; invested in green manufacturing transitions, including rooftop solar installations, biomass energy systems, and LEAN automation to meet international ESG standards and free trade agreement origin requirements; and expanded its omnichannel domestic retail footprint with upgraded Viettien House multi-brand showrooms.