TNG Investment and Trading secures VND 645.6bn loan for expansion

TNG Investment and Trading Joint Stock Company's board of directors has approved a loan limit of VND 645,686,120,000 from the Joint Stock Commercial Bank for Foreign Trade of Vietnam – Thai Nguyen Branch. This decision was formalized in Resolution No: 532/NQ-HĐQT, issued on September 19, 2025.

The loan's purpose is to supplement the company's short-term capital needs for garment manufacturing and business activities, cover expenses for investment projects, and finance additional investments in machinery and equipment. Nguyen Van Thoi, chairman of the board of directors and legal representative, is authorized to execute all necessary agreements and contracts with the bank.

The meeting was held at 9:00 AM at the company's headquarters in Thai Nguyen Province, with 6 out of 7 board members present. All attending members unanimously approved the loan limit, demonstrating 100% consensus on the resolution.