VINATEX

Name

VINATEX

Legal name

Vietnam National Textile and Garment Group

Website

https://vinatex.com.vn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Textile and Garment Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (31311), Textile Furnishings Mills (3141), Other Textile Product Mills (3149)

SIC

Broadwoven Fabric Mills, Man Made Fiber & Silk (2221), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Knitting Mills (2250)

akta.pro primary industry

Textiles, Fabrics, Trims & Components Suppliers (CRAAAAAL)

akta.pro secondary industries

Apparel Dyeing, Printing, Finishing & Laundries (CRAAAAAM), Wastewater, Chemical & Dyehouse Sustainability Solutions (ZLD/Treatment/Chemical Substitution) (IMAOAMAI)

Keywords

• Textile manufacturing
• Garment production
• Yarn spinning
• Fabric weaving dyeing
• Apparel export

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Textile and Garment Manufacturing and Export: Vinatex generates revenue through manufacturing and export of textile and garment products across its 45 member units. The group operates integrated production facilities covering yarn, fabric (woven and knitted), dyeing, and garment manufacturing. Revenue is derived from international export orders from fashion brands and retailers, with export markets including the USA, Europe, China, Japan, and Korea. The group's consolidated revenue reached VND 19,486 billion in 2025.
2. State-owned Enterprise Operations: Vinatex is a state-owned enterprise with the Government (through SCIC) holding over 53% of charter capital. The group's operations include managing and overseeing its member units, providing strategic direction, and coordinating across the textile and garment supply chain.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

VINATEX manufactures and exports textiles and garments through a vertically integrated production model. The group operates four core business sectors — Yarn (spinning), Weaving-Dyeing (woven, knitted, and home textile fabrics), Garment (finished apparel assembly), and Trade-Fashion (trading and distribution) — across 45 member units. Products are sold to international fashion brands and retailers in the USA, Europe, China, Japan, and Korea, with FY2025 consolidated revenue of VND 19,486 billion.

Product overview

VINATEX (Vietnam National Textile and Garment Group) is a state-owned textile and garment conglomerate operating a vertically integrated business model across four core production sectors: Yarn (190,000 Ne30 tons/year), Weaving-Dyeing (170 million sqm woven fabric, 35,000 tons knitted fabric, 10,000 tons home textiles/year), Garment (410 million products/year), and Trade-Fashion services. The group comprises 45 member units and operates across the complete textile supply chain from raw materials to finished apparel.

Differentiator

Problem solved

Functional benefit

Brands

• Vinatex PD&B: Trading and distribution arm of Vinatex group
• Vinatex Phú Hưng
• Vinatex-ID
• VINATEX MAGAZINE
• Vinatex Fashion Center

Products and services

• Yarn (Sợi) Spun yarn products manufactured by Vinatex with annual production capacity of 190,000 Ne30 tons per year, serving both internal fabric production and external textile buyers.
• Weaving-Dyeing (Dệt – Nhuộm hoàn tất) Fabric production covering woven fabrics (170 million sqm/year), knitted fabrics (35,000 tons/year), and home textiles (10,000 tons/year) produced by Vinatex's weaving and dyeing member units.
• Garment (May) Finished garment manufacturing with annual production capacity of 410 million products, produced by Vinatex's garment member units primarily for international fashion brands and retailers.
• Trade-Fashion (Thương mại – Dịch vụ) Trade, distribution, and fashion-related services operated by Vinatex, including the Vinatex PD&B trading/distribution arm and the Vinatex Fashion Center retail/fashion brand.

Quantifiable outcome

• Consolidated revenue reached VND 19,486 billion in 2025, up 6.1% year-on-year
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• VITAS and IDH Training PartnershipminorStrategic or Co-development Partner · 10 July 2018VITAS partnered with IDH to organize training sessions on 'Race to the Top and Construction Safety and Life Initiatives' covering topics including labor engagement, LEAN productivity, energy/water conservation, and workplace safety. Sessions were held at the Hanoi Textile and Garment University (HICT) for northern enterprises and continued for southern enterprises.
• IDH (Initiative for Sustainable Trade)coreStrategic or Co-development Partner · 27 October 2016IDH (Initiative for Sustainable Trade) is a Dutch organization established in 2008 that promotes and scales sustainable trade through coalitions between companies, civil society organizations, government agencies, and other stakeholders. IDH collaborated with VITAS (Vietnam Textile and Garment Association) to organize training programs under the 'Race to the Top' initiative, a multi-stakeholder partnership addressing sustainable development in Vietnam's textile and garment industry. The cooperation agreement was signed on October 27, 2016.
• VITAS (Vietnam Textile and Garment Association)coreStrategic or Co-development Partner · 27 October 2016VITAS (Vietnam Textile and Garment Association) is Vietnam's primary textile and garment industry association. Vinatex and VITAS collaborate on training programs addressing sustainable development, including the 'Race to the Top' initiative focused on labor engagement, productivity improvement (LEAN), energy and water savings, and workplace safety. The cooperation agreement was signed on October 27, 2016, under the Global Green Growth Forum (3GF) framework.
• VITAS and IDH - Race to the Top (RTTT) Initiative PartnerscoreStrategic or Co-development PartnerThe Race to the Top initiative is a multi-stakeholder partnership including governments of Netherlands and Denmark, major global brands (GAP, NIKE, MARKS & SPENCER, LEVI STRAUSS & Co), international organizations (SAC, IFC), manufacturers (SAITEX), and civil society organizations (Better Work), coordinated by IDH. The initiative aims to improve economic, social, and reputational benefits for Vietnam's sustainable garment and leather industry.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• TAL Apparel: Hong Kong-based garment manufacturer serving global apparel brands across Asia, including significant Vietnam operations. Directly comparable in business model (B2B cut-and-sew for international brands) and customer profile.
• Huafu Fashion: China-listed yarn-dyed fabric manufacturer and apparel producer with operations across Asia. Comparable to Vinatex in its scale of yarn and fabric production for global apparel supply chains.
• Eclat Textile: Taiwan-based vertically integrated knitwear and textile manufacturer serving premium global sportswear and apparel brands. Comparable to Vinatex in fabric-to-garment integration and brand-customer exposure.
• Pou Chen Corporation: Taiwan-listed world's largest branded athletic and casual footwear manufacturer with significant garment operations in Vietnam and other Asian countries. Comparable as a large-scale Asian garment/footwear exporter serving global brands.
• KPR Mill: India-listed vertically integrated yarn, fabric, and garment manufacturer with one of the largest production capacities in India. Comparable to Vinatex as an integrated textile-to-garment exporter serving global buyers.
• Esquel Group: Hong Kong-based vertically integrated textile and garment manufacturer with cotton-to-shirt operations in China, Vietnam, and elsewhere. Closely comparable to Vinatex in its yarn-to-garment integration and brand-customer base.
• Crystal International Group: Hong Kong-listed, vertically integrated apparel manufacturer producing woven, knit, and denim garments for global brands. Directly comparable to Vinatex in serving global fashion brands with multi-country Asian manufacturing footprint.
• Arvind Limited: India-based textile conglomerate with denim, woven, knit, and garment operations serving global brands. Comparable in vertical integration and B2B brand customer base, though operating from India rather than Vietnam.

Broad incumbents

• Li & Fung: Hong Kong-based global sourcing and supply chain manager for apparel and consumer goods. Adjacent peer — less of a manufacturer than a sourcing orchestrator, but operates in the same global apparel supply chain ecosystem.
• Shandong Ruyi Technology Group: China-based large textile and apparel conglomerate with operations spanning wool, spinning, weaving, and branded apparel. Comparable as a broad incumbent integrated textile platform, though focused on higher-end branded segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vinatex-international-jsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries20 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VINATEX