Huegatex conquers the textile market: surges in sales and investments!

Huegatex conquers the textile market: surges in sales and investments!

Huegatex, the company with the international trade name HUE TEXTILE GARMENT JOINT STOCK COMPANY, recorded remarkable economic successes in the first quarter of 2025. With sales of VND513 billion, the company achieved 25% of its planned annual turnover. Profit before tax was VND39 billion, accounting for 28% of the annual plan. This is part of a broader growth strategy aimed at addressing challenges in the textile industry while driving advances in production and human resources management. Vietnam.vn reported that average employee income was VND11.86 million per month, reflecting a year-on-year increase of 15.8%.

Founded in 1988, Huegatex specializes in manufacturing, trading, importing and exporting yarn, knitwear, clothing and textile machinery. With nearly 5,000 employees including managers, technicians and workers, the company is one of the top five players in the Vietnam Textile and Garment Group. Productivity is increased through the use of modern technologies and a variety of strategic investment projects. These include the construction of a three-story garment factory and the implementation of an automatic fire protection system in the yarn factory.

Goals and strategies for 2025

For the second quarter of 2025, Huegatex has decided to set a sales and profit target of VND528 billion and VND36 billion before taxes, respectively. In addition, an export turnover of 32 million USD is targeted. Strategies to achieve goals include tracking market information, restructuring orders, increasing productivity and reducing costs. Companies are focusing on opening up new markets and are intensifying negotiations with strategic partners in order to better manage risks in the US market.

Special attention is also paid to employee development. The “Young Talent” program aims to train young engineers and managers to consolidate the company's internal strength. A comprehensive management software system (ERP) will also be implemented to optimize the supply chain. The integration of sewing process management software, intelligent storage systems and production cards is intended to significantly improve order processing.

Sustainability strategy

Huegatex's corporate culture is based on the belief that flexibility in operations is essential to adapt to rapidly changing market conditions. The company has acquired various certifications, including the ISO 9001-2015 quality management system, to remain internationally competitive. These measures are intended not only to increase production capacity, but also to focus on sustainability and responsible behavior.

Huegatex exports its products to numerous countries including the USA, Japan, the EU and many others. Major customers include large international companies such as Perry Ellis and PVH. With a targeted revenue of VND2,070 billion for the full year 2025, the company plans to achieve 3% year-on-year development, thereby further consolidating its market position. Huegatex.com.vn emphasizes that the company continually orients itself to the requirements of the market and develops strategies in order to remain strong in the future.