Dotihutex Co., Ltd. (Vietnam)

The subject has existed in this industry for 20 years. For investor, Mr. Phan Phuoc Sau is Ms. Pham Thi Tuyet Nhung's husband. As collected, Ms. Pham Thi Tuyet Nhung is a shareholder of Dong Tien Hung Co., Ltd formed in 1999 with a focus on spinning yarn (Polyester DTY, PE, FDY, POY...). In addition, Mr. Pham Nam, a former investor of the company, is her brother. These mean that it is a family owned business. In addition, in 2022, it has litigation in relevant to the company and Mr. Sau and Ms. Nhung's son – Mr. Pham Pham Hong Loc (see negative news below).On the media search, it discloses that it and this related company are the yarn plants located in Binh Duong Province and HCMC respectively. This indicates that it acts an expansive project of some shareholders of Dong Tien Hung Co., Ltd. Dong Tien Hung and the company's market is domestic one and Western Europe and Southeast Asia. Some rivals are Century Synthetic Fiber Corporation, Formosa, Hualon, PVTex, etc.In 2020, a related company – Phanguyen Tex Co., Ltd was incorporated in 2020. Phanguyen specializes in manufacturing a range of fabric which one of raw materials is DTY yarn. In apparel, Ms. Nhung has penetrated in other industries such as real estate by establishing Thanh Do Service – Travel Co., Ltd in HCM (2005), Tien Hung Real Estate and Hotel Company Limited in Quang Nam (2017), Dong Tien Hung Real Estate Company Limited in Ba Ria - Vung Tau (2019). This will form investment portfolio. She can take return from this field in order to finance the remaining sector and vice versa.