TCF POST Desk
HANOI — The Vietnam National Textile and Garment Group (VINATEX) announced its provisional consolidated revenue reached approximately USD 375 million (VND 9.77 trillion) for the first half of 2026, marking a 6.5 percent increase compared to the same period last year.
The state-owned textile and apparel conglomerate also reported a 14.4 percent rise in profit, totaling approximately USD 29.3 million (VND 763 billion). The group’s yarn segment performed particularly well, generating USD 7.9 million and achieving 82 percent of its annual target.
Despite these gains, VINATEX leadership cautioned that the industry’s full-year export goal of USD 48–49 billion faces significant hurdles. Hoang Manh Cam, chief of the VINATEX board of directors’ office, noted that new orders have begun to slow.
“This trend may impact export shipments as early as July,” Cam said. He attributed the cautious behavior among importers to the United States’ imposition of a 10 percent temporary tariff.
Headquartered in Hanoi, VINATEX maintains a comprehensive, end-to-end supply chain that encompasses yarn production, fabric weaving, dyeing, and large-scale garment manufacturing.