Textile and garment enterprises in Da Nang are taking full advantage of market opportunities in the first half of 2025, while having solutions to maintain growth momentum and expand the market.

Workers are seen at the Phat Long Phuoc Joint Stock Company, Hoa Phuoc Commune, Hoa Vang District. Photo: M.QUE

In 2025, the Hoa Tho Textile and Garment Joint Stock Corporation aims to achieve revenue of VND5,050 billion, equal to 102% compared to 2024; the consolidated pre-tax profit of VND350 billion, equal to 104% compared to 2024; export turnover of US$255 million, equal to 102.8% compared to 2024; average income up by 7% compared to 2024 (VND10.5 million/person/month).

As revealed by Mr. Nguyen Ngoc Binh, the General Director of the Hoa Tho Textile and Garment Joint Stock Corporation, the enterprise will continuously focus on market work, diversify export markets, search for and expand raw material supply sources from other countries and develop domestic supply sources through forms of cooperation with textile and dyeing enterprises.

In addition, the company will keep on researching and clearly defining the development direction of the Product Research and Development Centre to be proactive in design, sample development, purchasing raw materials and completing the internal production supply chain in order to increase the value of garment products and enhance competitiveness.

Meanwhile, the March 29 Textile - Garment Joint Stock Company sets a total revenue target of VND800 billion in 2025, equal to 102% compared to 2024; pre-tax profit of VND30 billion, equal to 103% compared to 2024; export turnover of US$56 million, equal to 102% compared to 2024 and average income up by 3% compared to 2024, reaching VND9.3 million/person/month.

The company invested VND50 billion, nearly 4 times more resources than in 2024. Accordingly, the company implemented the construction of the Duy Trung 2 Garment Factory in Duy Xuyen District, Quang Nam Province to suit new production technology and customer needs. The factory is expected to be completed in the fourth quarter of 2025. The company will also expand production at the Duy Trung Garment Factory by increasing labour recruitment.

To expand the market, in addition to traditional customers, the company is actively looking for new customers with high unit prices to boost production, aiming to increase income and employment for its workers. The company will continue to apply transformation in production to increase revenue, well control product quality to avoid defects, ensure energy saving to reduce unnecessary costs.

At the Phat Long Phuoc Joint Stock Company, Hoa Phuoc Commune, Hoa Vang District, although it has only been established for about 3 years, the company’s production activities have stabilised with about 500 workers involved in processing items such as backpacks, handbags and tents.

It is known that the company is recruiting 100 more workers to meet export orders and focusing on implementing recruitment, training, innovation and improving policies to attract and preserve the workforce to meet the company’s production and business needs.

Production atmosphere is recorded at the March 29 Textile Joint Stock Company. Photo: M.QUE

According to the Da Nang Department of Industry and Trade, industry in general, and the textile and garment industry in particular, are currently maintaining a positive growth momentum. The export turnover of textiles and garments in the first quarter of 2025 reached US$125 million, an increase of 2% over the same period in 2024.

In February alone, the production of woven fabrics from cotton yarn with a rate of 85% or more increased by 56.7% over the previous month. Through the assessment, enterprises are proactively using resources as well as investing in modern equipment to boost production and export of goods in order to soon complete growth milestones as planned.

According to Ms. Le Thi Kim Phuong, the Director of the Department of Industry and Trade, it is forecasted that production and business activities of enterprises in most industries and fields will still face many challenges due to unpredictable factors of the world economy. Therefore, the Department will continue to implement policies to support enterprises in technological innovation, production development and competitiveness improvement to meet the requirements of the export market with increasingly strict regulations.

The Department will also encourage enterprises to access and apply clean, environmentally - friendly production technologies; support and advise on promoting digital transformation in the production and business activities of enterprises.

At the same time, the Department will implement industrial promotion projects to support enterprises and rural production establishments in converting production lines and equipment to improve productivity, product quality, ensure the environment and production efficiency; support enterprises in building and registering trademark protection to facilitate the promotion of domestic consumption.

Reporting by MAI QUE - Translating by A.THU