AsemconnectVietnam - The TNG share price of TNG Investment and Trading Joint Stock Company (code TNG) has increased for 9 consecutive sessions to VND22,400/share - recovering nearly 55% of its value compared to the bottom in April.

TNG has just announced its preliminary business results for the first 6 months of 2025 with estimated revenue of VND4,073 billion, up 15% over the same period last year, achieving 50% of the annual plan. In June alone, revenue reached VND970 billion, double that of January-February. This is also the highest revenue in the past 4 years in the semi-annual cycle, up 26% compared to the first 6 months of 2021.
TNG's growth took place in the context of Vietnam's textile and garment industry recording signs of recovery. The industry's total export turnover reached about USD17.8 billion in the first 5 months of the year, up 10% over the same period. In May 2025 alone, the figure reached USD3.84 billion, the highest level ever recorded in May.
In the midst of the recovery, TNG has boosted production and expanded its scale. Export orders have filled the production plan until the fourth quarter of 2025, of which the European market accounts for 50%, the US 26% and Russia 10%. The company plans to open 10 more sewing lines and recruit 1,000 new workers, while prioritizing high-tech orders to improve profit margins.
To serve the expansion, TNG recently approved a policy of borrowing up to VND1,200 billion from BIDV - Thai Nguyen Branch, to supplement working capital and trade finance in 2025. Previously, the Company completed a bond mobilization worth VND400 billion by the end of 2024, mainly from institutional investors.
At the meeting on June 27, the Board of Directors of the Company approved the termination of Phu Binh Garment Branch 4 from July 1, 2025, due to changes in business orientation and plan. This branch will be merged into Phu Binh Garment Branch 3. Before this time, TNG had a total of 20 branches, of which Phu Binh commune alone had 4 garment factories, after the change, there were 3 remaining.
Also at the meeting, TNG's Board of Directors approved the dismissal of Ms. Luong Thi Thuy Ha from the position of Deputy General Director. Previously, Ms. Ha had submitted a resignation letter as a member of the Board of Directors and was replaced by Mr. Dao Duc Thanh at the 2025 Annual General Meeting of Shareholders.
The position of General Director also changed when Mr. Nguyen Duc Manh was dismissed and elected as Permanent Vice Chairman of the Board of Directors. His successor is Mr. Tran Minh Hieu - former Deputy General Director of Business.
N.Nga
Source: VITIC/Tinnhanhchungkhoan