TNG Investment and Trading

What TNG Investment and Trading does

TNG Investment and Trading Joint Stock Company (Công ty Cổ phần Đầu tư và Thương mại TNG) is a Vietnamese public-listed garment manufacturer headquartered in Thái Nguyên province that operates an original equipment manufacturer (OEM) export model for international fashion and sportswear brands. Founded in 1979 as Bắc Thái Garment Enterprise, the firm reorganized through several name changes before listing on the Hanoi Stock Exchange in 2007 under ticker TNG. Its operational core consists of 12 garment factories plus 2 auxiliary factories, 2 technology branches (TRE 360, TOT), and 1 ISO 17025-certified LAB, collectively running 367 production lines and employing approximately 19,700 workers. Vertically integrated support operations include padding/wadding production, carton manufacturing, industrial laundry, industrial printing, embroidery, tent production, and glove production, providing the company with control over most non-fabric inputs.

The company generates revenue primarily through B2B export manufacturing contracts under multi-year OEM arrangements with global brands including Decathlon, Adidas, Abercrombie & Fitch, Hollister, Costco, Walmart, Colmar, Hurley, Tom Tailor, and Sportmaster. It has built an unusually broad compliance moat, with WRAP, Better Work, BSCI, SMETA, Higg Index, FSC, ISO 17025, GMP, FCCA, OEKO-TEX, GRS, BCI, and LOTUS Silver certifications across most branches. Complementary business lines include the TOT automation platform (robotics, AGV) and TRE production-management software, the TNG Land real estate subsidiary established in 2022, and TNG Fashion. Recent strategic activity has emphasized green-factory conversion (LOTUS certification at Sông Công and Võ Nhai), new capacity in the Sơn Cẩm cluster, and rationalization of legacy capacity such as the June 2026 termination of Sông Công 1.

Name

TNG Investment and Trading

Legal name

Công ty Cổ phần Đầu tư và Thương mại TNG

Website

https://tng.vn

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TNG Investment and Trading is a Vietnamese public-listed OEM garment manufacturer headquartered in Thái Nguyên, operating 12 factories, 367 production lines, and ~19,700 workers to export apparel and ancillary textile products to major international fashion, sportswear, and retail brands.

Ownership category

akta.pro rank

Product category

Garment Manufacturing

NAICS

Apparel Manufacturing (315), Cut and Sew Apparel Manufacturing (except Contractors) (31525), Apparel Accessories and Other Apparel Manufacturing (31599)

SIC

Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Contract / Private Label Cut & Sew Manufacturing (OEM/ODM) (IMAOAEAM)

akta.pro secondary industry

Apparel OEM/ODM & Private Label Manufacturing (CRAAAAAK)

Keywords

• Garment manufacturing
• OEM apparel export
• Textile production
• Sportswear manufacturing
• Industrial laundry services

Headquarters

HQ city

Thái Nguyên

HQ country

Vietnam

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Garment Manufacturing and Export: TNG generates revenue primarily through manufacturing and exporting garments and apparel products to international buyers under OEM arrangements. The company operates 12 garment factories, 2 auxiliary factories, and produces various textile-related products including padding, cartons, tents, gloves, and provides industrial services.
2. Software and Ancillary Services: The company provides software solutions for garment industry management through subsidiaries TRE 360 and TOT, as well as operates a gym/fitness center (NShape Fitness) and real estate development through TNG Land.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

TNG Investment and Trading is a Vietnamese garment manufacturer and exporter operating an OEM production model for international fashion, sportswear, and apparel brands. The company runs 12 garment factories with 367 production lines and approximately 19,700 workers, supported by ancillary operations including padding/wadding production, carton manufacturing, industrial laundry, industrial printing, embroidery, tent manufacturing, and glove manufacturing. Its customer base includes Decathlon, Adidas, Costco, Walmart, Abercrombie & Fitch, and Hollister.

Product overview

TNG Investment and Trading is a Vietnamese garment manufacturing conglomerate with a diversified business portfolio. The core business is export garment manufacturing (May mặc xuất khẩu), supported by ancillary manufacturing operations including padding/wadding production (Bông tấm), carton box manufacturing, industrial embroidery, industrial laundry, industrial printing, tent production, and glove manufacturing. The company also operates technology subsidiaries including TOT (automation technology including robotics and AGV systems), TRE (technology solutions including software), and TNG Land (real estate). The product ecosystem includes software solutions for garment industry management, with recent launches like antibacterial cotton products (2020). The company operates multiple manufacturing branches across Thai Nguyen province.

Differentiator

Problem solved

Functional benefit

Brands

• TNG Fashion: Fashion and garment manufacturing division operating under the TNG umbrella
• TNG Land
• TOT
• TRE

Quantifiable outcome

• Nearly 20,000 workers providing substantial labor capacity for large orders
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Military Commercial Bank (TMCP Quân đội) - Thái Nguyên BranchminorOthers · 24 June 2026Banking partnership for credit facilities and loan arrangements. HĐQT approved borrowing plan from this bank.
• DecathloncoreStrategic or Co-development Partner · 28 May 2026Long-term strategic manufacturing partnership for sportswear and outdoor equipment products. TNG hosts annual Decathlon Partners Forum to strengthen collaboration and showcase manufacturing capabilities.
• Commercial Vietnamese Bank (TMCP Công Thương) - Thái Nguyên BranchminorOthers · 22 May 2026Banking partnership for credit facilities, loans, and asset collateral arrangements.
• Better Work (ILO/IFC)coreStrategic or Co-development Partner · 1 January 2024Partnership under International Labour Organization and International Finance Corporation program to improve working conditions and competitiveness in garment manufacturing.
• Deloitte VietnamcoreOthersTNG contracted Deloitte Vietnam for auditing financial statements for fiscal year 2025 and interim reviews.
• SportmasterminorStrategic or Co-development PartnerRetail partnership for sportswear distribution in Russia market. TNG expanding cooperation for production coordination.
• JACKminorStrategic or Co-development PartnerJoint CSR activities including gift donations to disadvantaged workers through union connection programs.

Scale indicators6 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• TAL Apparel: Hong Kong-based apparel manufacturer producing shirts and bottoms for major global brands with manufacturing footprint across Asia. Direct comparable on OEM cut-and-sew apparel for blue-chip international buyers.
• Eclat Textile Co., Ltd. Taiwan-based vertically integrated athletic apparel and knitwear manufacturer supplying brands like Nike, Lululemon, and Under Armour. Comparable on performance/sportswear OEM model and global brand customer base.
• Esquel Group: Vertically integrated cotton-based apparel and textile manufacturer headquartered in Hong Kong with operations across Asia. Comparable as a global OEM for premium brands with vertical integration from cotton to finished garment.
• Crystal International Group: Hong Kong-listed, vertically integrated garment manufacturer producing apparel for global brands across Asia (including Vietnam, China, Bangladesh). Closest large-cap Asian OEM peer in scale and customer profile.
• Garment 10 Corporation JSC (HOSE: MS10): Listed Vietnamese garment OEM producing export garments and workwear for international buyers. Directly comparable in OEM cut-and-sew model, Vietnam-based production, and blue-chip brand customer base.
• Saitex International: Vietnam-based denim and apparel manufacturer producing for major global brands, known for sustainability leadership. Direct comparable on Vietnam OEM production, denim/garment focus, and premium-brand customer list.
• Hansoll Textile Co., Ltd. South Korea-headquartered apparel OEM with manufacturing footprint in Vietnam and other Asian countries producing for global fashion and sportswear brands. Comparable in OEM apparel model with Vietnamese production for international brand customers.
• Phong Phu Joint Stock Company (HOSE: PPJ): Vietnamese garment and textile manufacturer listed on HOSE, producing garments and fabric for export. Comparable OEM model, Vietnam geography, and diversified brand customer base.
• Viet Tien Garment Joint Stock Company (VGT): Largest publicly listed Vietnamese garment manufacturer, producing a broad range of apparel, workwear, and textiles for domestic and export markets. Closest direct peer to TNG in scale, geography (Vietnam), B2B OEM model, and listed-company disclosure profile.

Broad incumbents

• Pou Chen Corporation: Taiwan-listed, world's largest branded athletic and casual footwear manufacturer with apparel exposure and massive Asian manufacturing footprint. Comparable as a mega-scale Asian OEM serving global sportswear and apparel brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/tngvnproduct
• LinkedInlinkedin.com/company/tng-investment-and-trading123

Compliance19 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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 TNG Investment and Trading