TNG Investment and Trading Joint Stock Company was established in 1979. After 45 years of construction and development, TNG has now become a leading garment enterprise in the country in general and in Thai Nguyen in particular.
 |
| In 2024, TNG continues to be honored in the Top 100 sustainable enterprises in Vietnam. Photo: TL |
This result is thanks to the efforts to overcome difficulties, constantly innovate and create in production and business of the leadership and employees over the years. The mark on the 45-year journey of building and developing TNG is divided into 3 stages: The first stage of the first years of establishment; equitization of development strategy and acceleration of development.
In the early years of establishment (1979 - 2002), with the name Bac Thai Garment Enterprise, starting with 2 garment lines aided by the German Democratic Republic, focusing on garment production for the domestic market. After this period, the unit entered the stage of strategic development equitization (2003-2007). Accordingly, Bac Thai Garment Enterprise was equitized and renamed Thai Nguyen Export Garment Joint Stock Company.
By 2007, the company had listed its shares on the Hanoi Stock Exchange with the code TNG, and changed its name to TNG Investment and Trading Joint Stock Company. Since the name change (2007), TNG has entered a period of accelerated development thanks to continuous investment in building factories, expanding its scale of operations, and improving its competitiveness in the garment export market...
Up to now, TNG has 20 sewing branches with a scale of 366 sewing lines and 15 auxiliary lines at 2 auxiliary branches for cotton and packaging.
Over 45 years of construction and development, TNG has continuously proactively sought out major customers in markets in the US, France, and Germany to establish cooperative relationships with leading fashion retailers such as: Decathlon, Columbia, The Children's Place, Sportmaster and proactively sought domestic and foreign sources of raw materials to meet the strict requirements of the export market.
Along with that, every year, TNG invests hundreds of billions of VND in innovating production technology lines towards automation and applying digital transformation in business administration.
Notably, 100% of factories have used automatic cutting machines, fabric spreading machines and programming machines, increasing the automation equipment of the whole company to over 15%; applying AI from ERP software to automatically assign and distribute work to workers to optimize the production process, increase labor productivity...
 |
| TNG Investment and Trading Joint Stock Company is creating jobs for thousands of local workers. |
Thanks to the synchronous implementation of solutions, in 2024 alone, TNG's revenue is estimated to reach 7,500 billion VND (150 times higher than the time of equitization in 2003); current equity reaches 1,867 billion VND (200 times higher than in 2003). TNG is creating stable jobs for over 18,000 workers with an average income of 9.4 million VND/person/month.
Ms. Hoang Thi Minh Tuyet, a TNG worker, said: I have worked at TNG for more than 23 years. Despite many difficulties and challenges, the leadership team through the periods have always worked together and unanimously overcome them to create stable jobs for workers. This is also the motivation for us to feel secure in sticking with and continuing to contribute to the unit.
Mr. Nguyen Van Thoi, Chairman of the Board of Directors of TNG Investment and Trading Joint Stock Company, shared: Promoting the achieved results, in the coming time, TNG will increase the search for opportunities to expand the export garment market; promote research and manufacture of machinery and equipment for the garment industry, to optimize human resources, increase production capacity; focus on solutions to reduce plastic waste, towards sustainable green production...
TNG has received the First Class Labor Medal, the Government's Emulation Flag, the Provincial People's Committee's Emulation Flag, and has been honored as a Sustainable Development Enterprise for 7 consecutive years (2016-2022), and is in the Top 53 units winning the Vietnam Digital Transformation Award. Businessman Nguyen Van Thoi, Chairman of the Board of Directors of TNG Investment and Trading Joint Stock Company is one of 60 "Outstanding Vietnamese Businessmen"... |
Source: https://baothainguyen.vn/kinh-te/doanh-nghiep-doanh-nhan/202412/tng-vung-buoc-phat-trien-ac807b6/
Comment (0)