The Da Nang-based Hoa Tho Textile-Garment Joint Stock Corporation, one of the largest of kind in Viet Nam, successfully fulfilled its target set for 2020, regardless COVID-19 triggered difficult conditions.

Picture taken at the the Hoa Tho Textile-Garment Joint Stock Corporation

The corporation generated 3,256 billion VND in revenue, exceeding by 2% of the last year’s target.

The company's export value was 186 million US$, surpassing by 3% of the set target. The average monthly incomes of the company's employees reached 7.4 million VND each.

Hoa Tho paid 86 billion VND in tax to the city. Nearly 100 billion VND was poured into purchases of modern machines in service for garments and yarn production.

The Corporation eyes to achieve 3,482 billion VND worth of revenue in 2021, and its employees’ monthly incomes is expected to increase by 5 - 10% as compared to 2020.

Hoa Tho was one of the three businesses based in Da Nang to have been hailed as some of best national brands in the country after being named in Viet Nam's top 124 list with a combined total of 283 products in Viet Nam's National Brands Awards of 2020.

By HUY HOANG – Translate by A.T