TNG expects 14% revenue growth, positive outlook for 2026
Saturday, January 17,2026
AsemconnectVietnam - TNG Investment and Trading Joint Stock Company (TNG) announced that in 2025, the company achieved VND8,696 billion in revenue, setting a new record in its operating history.
This actual revenue reached 107% of the annual plan, a 14% increase compared to the same period last year, marking significant growth compared to the previous two years.
With this result, TNG's revenue maintains a continuous growth momentum over the years.
A major driving force for TNG comes from Decathlon, as this customer continues to increase its order scale; the relocation of its product development center from Wuhan (China) to TNG's center shows the increasingly strong relationship between the two parties.
In addition, consumer demand in the EU remains positive thanks to cooling inflation and improved real incomes.
In the US market, TNG benefits from the trend of shifting orders away from China due to China's export tariffs on clothing to the US being twice as high as those in Vietnam.
In 2025, Vietnam's textile and garment export turnover is estimated to reach USD40 billion, an 8.5% increase compared to the same period. This is a positive result amidst many fluctuations in global trade, especially tariffs from the US.
The high level of product diversification helps Vietnam maintain its advantage. According to the USITC, Vietnam has a product concentration level of 2.8 (the lower the level, the more diversified the products), nearly matching China and significantly better than other major exporting countries such as Bangladesh and India.
Looking ahead to 2026, US consumer spending is projected to maintain moderate growth. According to the Conference Board, the vibrant labor market with low unemployment rates creates a solid foundation for disposable income and purchasing power. In addition, the prospect of the Fed continuing to lower interest rates will reduce credit costs and boost consumption.
The US adjustment to reduce tariffs on agricultural products from October 2025, as well as maintaining tariffs on timber products on the last day of 2025 (after previously announcing a tariff increase roadmap), signals a shift in President Trump's stance – reducing trade tensions and supporting domestic price stability. This move opens up expectations of easing tariffs on apparel, which is not an item the US wants to control.
Regarding the EU market, the Ministry of Industry and Trade expects export turnover to reach $5.1 billion, an increase of 9%, thanks to import tariffs on most apparel products being reduced to 0% and stable EU consumption demand.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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