Foundation history:
- TNG Investment and Trading Joint Stock Company, formerly known as Bac Thai Garment Factory, was established on November 22, 1979 under Decision No. 488/QD - UB of the People's Committee of Bac Thai province (now Thai Nguyen province).
- On May 7, 1981, Decision No. 124/QD - UB of the People's Committee of Bac Thai province merged the Garment Processing Station of the Trading Company into the Enterprise.
- Implement Decree No. 388/HDBT dated November 20, 1991 of the Council of Ministers on re-establishing state-owned enterprises. The enterprise was re-established under Decision No. 708/UB –QD dated December 22, 1992 of the People's Committee of Bac Thai province.
- In 1997, the enterprise was renamed Thai Nguyen Garment Company with a total business capital of 1,735.1 million VND according to Decision No. 676/QD-UB dated November 4, 1997 of the People's Committee of Thai Nguyen province.
- On January 2, 2003, the Company officially became Thai Nguyen Garment Export Joint Stock Company with a charter capital of 10 billion VND according to Decision No. 3744/QD-UB dated December 16, 2002.
- In 2006, the Company increased its charter capital to over 18 billion VND according to the Resolution of the General Meeting of Shareholders dated August 13, 2006 and approved the investment project to build TNG Song Cong factory with a total investment capital of 200 billion VND.
- On March 18, 2007, the Company increased its charter capital to over 54.3 billion VND according to the Resolution of the General Meeting of Shareholders dated March 18, 2007 and approved the Company's development strategy until 2011 and strategic orientation for the following years
- On May 17, 2007, the Company registered as a public company with the State Securities Commission
- On August 28, 2007, the General Meeting of Shareholders voted in writing to change the Company's name to TNG Investment and Trading Joint Stock Company.
- On October 15, 2009, the company increased capital from 54.3 billion VND to 87.2 billion VND in the form of public issuance.
- 2010 - 2012: Started construction of TNG Phu Binh factory with a total investment of over 275 billion VND, capacity of 64 sewing lines, attracting over 4000 workers. On December 10, 2010, increased charter capital to 134.6 billion VND after receiving approval from the State Securities Commission to welcome 4,773,775 shares to the public.
- 2014: Started construction of TNG Dai Tu garment factory with a total investment of over 170 billion VND. attracts over 2000 workers. On May 20, 2014, the company was approved by the State Securities Commission to issue shares to pay dividends, increasing charter capital to 148,074 billion VND to pay 10% dividends in shares.
- On November 28, 2014, the Company was approved by the State Securities Commission to issue shares to pay dividends and ESOPs, raising charter capital to 219.425 billion VND.
- On October 23, 2015, the company increased its charter capital to 296,221 billion.
- Currently, TNG has 11 garment factories, 2 auxiliary factories: embroidery factories, industrial laundry factories, bags and carton packaging factories and cotton and quilting factories. In particular, Dai Tu factory has just put phase 1 into operation in February 2015 with 10 sewing lines and is expected to increase to 16 sewing lines in 2015. In addition, the Company is planning to invest in a number of new factories.
Business field:
- Clothes
- Construction of public works
- Building houses of all kinds
- Construction of other civil engineering works
- Manufacturing knitted and crocheted apparel
- Road passenger transport
- Vocational Education
- Retail sale of computers, peripheral devices, software and telecommunications equipment in specialized stores
- Installation, repair, renovation of mechanical, electrical, water works, mechanical product processing
Address: No. 434/1 Bac Kan, Phan Dinh Phung Ward, Thai Nguyen Province
Phone: +84-(280) 3858 508 - Fax: +84-(280) 3856 408
Disclosure Officer:
Email: [email protected]
Website: https://www.tng.vn