Thanh Cong Group

Company history

Endeavour to survive

-Government took over and renamed Thanh Cong Textile Factory, which belonged to Textile Union – Ministry of Light Industry.

-Going through a difficult time in taking over the factory and maintaining production and business activities.

Go ahead on innovation

-Successfully proposed and implemented the “Triangle Export“ model. As one of the first units to test the production and business model associated with the market, Thanh Cong has made important contributions in the process of the enterprise management mechanism renewing and the country’s economy.

-Create a breakthrough when the company equipped modern machines by itself not passively waiting from the Government

Invest to develop

– 1991: Change name to Thanh Cong Textile Company

– 1992: Takeover Khanh Hoi spinning firm, invest and replace all the old equipment by new & modern ones

– 1986~1996: Invest about 55 Million USD to increase productivity and improve product quality. Start exporting to many countries in the world, especially to Europe market

– 1997~2000: Carry out comprehensive reform Human Resources, working style, sales & marketing as well as cost controlling

Equitization for integration

– 2006: Equitize & change the company’s name into Thanh Cong Textile & Garment JSC, then to Thanh Cong Textile Garment Trading Investment JSC and listed on Ho Chi Minh City Stock Exchange (HOSE) coded TCM

– 2009: Issue stock for the foreign strategy partner–Eland Asian Holdings (Singapore) under Eland Group in Korea then directly joined in management of Thanh Cong Company

Become to global

2010 ~ 2014

– Achieve sales USD 100 Million

– Expand export market to Korean and increase FOB orders

– Build the knitting factory No.3 at Nhi Xuan Industrial Park

– Chairman of E.Land Group visited the company

– Cooperate with Korea KOTITI Textile Garment Institute

2015 ~ 2020

– Achieve sales USD 155 Million

– Build Thanh Cong Vinh Long factory

 – Stage 1- Establish R&BD center

– Acquire Trang Bang sewing factory