Fm group 4 garment 2

Viet Thang Garment Joint Stock Company
I. Introduction:
1) History:
- Viet Thang Corporation – JSC; member unit of
Vietnam Textile and Garment Group; Before 1975, it
was Viet My Textile Company, a Textile and Yarn
Company (VIMYTEX), built in 1960, put into
operation in 1962 by a number of domestic and foreign
capitalists specializing in production: Yarn, Textile and
Dyeing Finished.
- In May 1975, the State took over, nationalized, and assigned the Ministry of
Light Industry to receive, manage and maintain production and business
activities to this day.
- During its operation, the Company has repeatedly reorganized production
under many different types and names: Viet Thang Textile Factory, Viet Thang
Textile Factory, Viet Thang Textile Company, House Company Limited. One
member country Viet Thang Textile.
The development path of Viet Thang Corporation
Year
1962
1975
2007
2009

2014

Event
The company officially went into operation with the name Viet
My weaving industry company (VIMYTEX), specializing in yarn
production – weaving and finishing printing and dyeing.
The company was nationalized and assigned to the Ministry of

Light Industry to take over, maintain VIMYTEX's production
activities.
Viet Thang Textile Joint Stock Company was established under
Decision No 3241/QD-BCN dated November 14, 2006 of the
Ministry of Industry
Viet Thang Textile Joint Stock Company was transformed into
Viet Thang Corporation - Joint Stock Company, operating under
the model of parent company - subsidiary company.
The company promotes investment to expand production, equips
modern machinery and equipment lines to improve and diversify
products, to meet the needs of domestic and foreign markets.
Total value of investment to expand production in the year is
more than 450 billion dong


(*) In March 2007, the Company was equitized and transformed into Viet
Thang Textile Joint Stock Company. In August 2009, it was transformed into
Viet Thang Corporation – JSC.
2) Main Product:
Main products of Viet Thang Corporation are classified into two branches with
four different products:
a) Material:
- Raw products provided by Viet Thang Corporation are increasingly popular
and used by many partner businesses because of their high quality and
affordable prices to meet the needs of producing high-quality, bulk products.
and the price is right
- Raw products include two types with finished products as follows:
+Yarn: Products made from yarn include: blankets, clothes, towels, fabrics,
curtains, …
+Rustic fabric: Products made from carpentry fabrics include: fashion clothes,

bags, decorations (curtains, pillows, sofa mattresses, ......)
b) Final Product:
- Finished fabric: Finished fabrics of Viet Thang Corporation in the textile
industry now receive a lot of positive reviews not only from domestic and
foreign partners but also from skilled tailors for their quality, durability. The
quality and reasonable price that it brings, besides the diverse designs also
contribute significantly to the popularity of the product in the market.
- Garment products: The garment products of Viet Thang Corporation today
are not only reflected in the quantity consumed in the market but also in the
product quality which is highly appreciated by consumers, besides the garment
products of Viet Thang Corporation. The company also receives high
appreciation from foreign partners and the company is always trusted to process
products according to the requirements of international partners.
II. Listing process on the stock market for Viet Thang Garment Joint Stock
Company:
The process of listing shares on the stock market of Viet Thang Corporation will
include the following steps:
1.Meeting listing requirements: The textile company must meet the listing
requirements of the stock exchange where it wants to be listed. These
requirements include financial, governance, and legal standards.


2.Document preparation: The textile company must prepare the necessary
documents for listing registration, including financial reports, annual reports,
and other information about the company.
3.Listing registration: The textile company will register for listing with the
stock exchange, then must meet the requirements and complete the preparation
steps to bring the company to the exchange.
4.Stock issuance: The textile company will issue stocks for sale to investors on
the stock market.

5.Listing and trading: After meeting the requirements of the stock exchange
and completing the stock issuance process, the textile company will be listed on
the exchange and the stocks will be traded on the stock market.
6.Monitoring and reporting: After listing, the textile company must monitor the
stock trading situation and report financial results and important events to
investors and regulatory agencies.
Listed price of Viet Thang Garment Joint Stock Company on the stock
exchange:
•Viet Thang Corporation- CTCP: Listed price at around 22,800 VND/share.

III. Advantage and disadvantages of stock market procceding Viet Thang
Garment Joint Stock Company:
Viet Thang Corporation is one of the experienced and long-standing companies
in the securities market in Vietnam. The securities market procedures of Viet
Thang Corporation have the following advantages and disadvantages:
1) Advantages:
 The securities market procedures of Viet Thang Corporation are carried
out quickly and simply, helping customers save time and effort.
 Viet Thang Corporation has a team of experienced, attentive and
dedicated financial advisors who can help customers choose suitable
transactions based on their needs and financial capabilities.


 Information security: The transaction procedures of Viet Thang
Corporation are designed to secure the personal information and accounts
of customers, helping to prevent risks and minimize the risk of fraud.
 Product diversification: Viet Thang Corporation provides a range of
diverse products and services, including online securities trading,
investment advisory, account management, and more. This helps
customers have many choices to meet their investment needs.

 The company has good relationships with important partners in the
financial and securities industry, ensuring transparency and credibility for
customers' transactions.
2) Disadvantages:
 For new customers starting to participate in the stock market, the trading
procedures of Viet Thang Corporation may have higher costs compared to
some other securities companies, as well as being quite complex and
difficult to understand. There may be situations where transaction fees or
custody fees are too high, increasing the transaction costs for customers.
 Depending on market conditions: The stock market is highly volatile, so
customers trading stocks of Viet Thang Corporation may face high risks
when stock prices fluctuate.
 This company does not provide online investment support tools like some
competing counterparts, reducing the convenience for customers who
want to conduct online transactions.

 In summary, the stock market procedures of Viet Thang Corporation
have advantages and disadvantages, depending on the needs and
financial capabilities of each customer who can choose the most
suitable company to participate in the stock market.
IV. Factors that affected on company operating:
Based on the SWOT model, Viet Thang Corporation must face opportunities
and challenges as well as review its weaknesses and strengths.
STRENGTH

WEAKNESS


- Viet Thang is one of the companies with scale
and prestige in Vietnam's textile and garment

industry today.

- Garment for export is mostly by processing
method, the work of designing samples and
fashion has not yet developed.

-Building close relationships with many
importers, many large consumption
corporations in the world.

- There are not enough sources of exportquality raw materials to supply the garment
industry, so the added value is not high.
-Most of the textile and garment enterprises are
small and medium, the ability to mobilize
capital is low, and the ability to innovate
technology and equipment is limited.

OPPORTUNITIES

THREATS

- Invest in product design, especially apparel
and fashion products.

- Increasing input materials and competition
among many countries.

- Regarding the strategy of expanding export
markets, the Corporation also conducts
activities of searching and developing a

network of new export customers at
international fairs.

- The unpredictable impact of the world.
- Economic impact on the textile industry
worldwide.

-Qualifications and skills of textile workers
have been significantly improved and Viet
Thang also regularly organizes training courses
to improve skills.
- Careful and timely direction of the Board of
Directors and support from Vietnam National
Textile and Garment Group (Vinatex) in
management and technical work.

 Viet Thang Corporation is facing opportunities as well as owning
advantages to transform itself into a force in Vietnam's textile and
garment industry, but at the same time, it is under pressure not only
from competitors but also affected by the general international situation
V. Conclusion:
-The profit of Viet Thang Corporation is relatively stable and there is not too much
difference between the quarters after the market opens and the distance after the
epidemic.
-The company's stock value dropped sharply during the strong outbreak of the Covid19 pandemic (2020-2021)


- The value and development of the company depends on external factors
(transportation costs, maintenance costs of workers and factories, epidemics,
wars, .......)

-The company, through its association with other businesses, quickly filled the gap
caused by the epidemic and opened up opportunities to penetrate new markets.
=> Ensuring a stable supply of input materials, reasonable cost allocation, and
optimal use of human and material resources are decisive factors for the existence
and development of Viet Thang Corporation.

LIST OF REFERENCE
1) />2) />3) />4) />