Vietnamese entrepreneurs play a pivotal role as strategic partners of the State and the people, driving the realization of the nation’s aspiration for prosperity and strength. Recently, at the 2025 New Economy Forum and the 22nd Strong Brand Awards, the tải w88 (Vinatex) was honored as one of the Top 10 “Rising Strong Brands” of 2025. Mr. Lê Tiến Trường, Chairman of Vinatex, was also recognized among the Top 10 Outstanding Vietnamese Entrepreneurs for his contributions to the nation’s journey of Doi moi – Integration – Elevation.
link vào w88 không bị chặn ten outstanding Vietnamese entrepreneurs honored in this year’s “Doi moi – Integration – Elevation” journey are pioneers who have shaped link vào w88 không bị chặn nation’s market economy, carrying a profound patriotic spirit in every stage of their business growth. This recognition not only celebrates their significant contributions but also affirms link vào w88 không bị chặn vital role of entrepreneurs as a central force in driving Vietnam’s future development.
With 27 years of experience in link vào w88 không bị chặn textile and garment industry, including link vào w88 không bị chặn past 12 years in link vào w88 không bị chặn highest executive position at link vào w88 không bị chặn Group, Vinatex Chairman Le Tien Truong has continuously sought to explore, research, and experiment with innovative operational models for a state-owned enterprise after equitization, operating in a globally competitive environment that demands constant adaptation to maintain and enhance competitiveness.
Dr. Le Tien Truong has been a pioneer in promoting numerous innovations in corporate governance and management. Notably, he introduced link vào w88 không bị chặn Balanced Scorecard (BSC) system to measure and monitor strategic implementation, aligning objectives from link vào w88 không bị chặn Group level down to each company member. This marked a breakthrough in management thinking, helping Vinatex move beyond link vào w88 không bị chặn phase of “labor-intensive, low value-added” operations toward a modern, transparent, and efficient management system. He also organized training programs for over 1.500 managers at various levels, personally lecturing on topics such as management mindset transformation, financial management, and human resource management based on digital data; thereby building a leadership team capable of adapting to new business contexts. During link vào w88 không bị chặn turbulent market period from link vào w88 không bị chặn COVID-19 pandemic to link vào w88 không bị chặn present, he implemented flexible management strategies: accepting lower profits to maintain jobs for approximately 60.000 direct and nearly 100.000 indirect employees, ensuring social welfare and workforce stability till link vào w88 không bị chặn market recovered.
Besides, he has introduced numerous innovations in technology and product development. He led negotiations to bring link vào w88 không bị chặn flame-retardant fabric project — a collaboration with COATS Group (United Kingdom) to Vietnam, marking link vào w88 không bị chặn first time link vào w88 không bị chặn Vietnamese textile industry gained mastery over high-end, proprietary technology in protective apparel. This milestone has helped Vinatex move beyond dependence on basic garment products, with projected annual revenues of USD 80–100 million by 2030. He also implemented new production technologies and a fully integrated process from fiber–yarn–weaving–dyeing–finishing–garment, ensuring that link vào w88 không bị chặn internal value-added ratio reaches 80% (compared to 50% for conventional products). Furthermore, he has strategically repositioned Vinatex’s brand from a contract manufacturer to a strategic partner of leading international brands and fashion labels.
Contributing to link vào w88 không bị chặn strategy of sustainable development and social responsibility, Dr. Le Tien Truong served as link vào w88 không bị chặn chief editor of two landmark publications: “link vào w88 không bị chặn History of Vietnam’s Textile and Garment Industry (1898–2025)” and “link vào w88 không bị chặn Shift Toward a Circular Economy and Its Impacts on Vietnam’s Textile and Garment Industry.” These are link vào w88 không bị chặn first books in Vietnam to comprehensively document link vào w88 không bị chặn industry’s historical development and explore link vào w88 không bị chặn application of link vào w88 không bị chặn circular economy in Vietnam Textiles field. Together, they lay both link vào w88 không bị chặn theoretical and practical foundation for link vào w88 không bị chặn sector’s transition from a linear production model to a circular one.
He has also served as chief editor for numerous professional books on management and engineering (Vietnam’s Textile and Garment Industry in link vào w88 không bị chặn Fourth Industrial Revolution, link vào w88 không bị chặn Balanced Scorecard System – BSC and Key Management Indicators for Vietnamese Garment Enterprises, link vào w88 không bị chặn Shift Toward a Circular Economy and Its Impacts on Vietnam’s Textile and Garment Sector, Developing link vào w88 không bị chặn Textile and Garment Industry in link vào w88 không bị chặn Era of International Integration: Experiences and Solutions, and Air Systems and Compressed Air in Spinning Mills). In addition, he has published multiple research articles in scientific journals such as Communist Review and Economic Forecast Review, providing valuable theoretical and practical foundations for enhancing link vào w88 không bị chặn competitiveness of Vietnam’s textile and garment industry.
To enhance Vinatex’s competitiveness, Chairman Le Tien Truong initiated link vào w88 không bị chặn establishment of link vào w88 không bị chặn Product Development and Business Center (PD&B), which officially began operations on July 1st, 2024. link vào w88 không bị chặn center focuses on comprehensive research and development of new products, aligning with Vinatex’s strategic goal of becoming a one-stop destination capable of providing end-to-end green fashion solutions for corporate clients—on a scale that positions it among link vào w88 không bị chặn leaders in Vietnam and link vào w88 không bị chặn region. link vào w88 không bị chặn strategic direction is clearly defined with a multi-segment approach: maintaining production of mainstream apparel (ensure employment stability), while simultaneously investing in high-value niche products (flame-retardant fabrics, filament-core yarns, and multi-component fibers).
“Entrepreneur Le Tien Truong has made significant contributions to Vietnam’s Textile and Garment industry. In his role as Chairman of Vinatex, from strategic vision to value chain management, market development, and production organization, he has introduced groundbreaking initiatives that have driven strong growth and enabled Vinatex and firms in link vào w88 không bị chặn industry to proactively adapt to emerging global trends,” noted link vào w88 không bị chặn Organizing Committee of link vào w88 không bị chặn 2025 Economic Forum.
In 2025, under link vào w88 không bị chặn theme “Elevation Enterprises” link vào w88 không bị chặn Vietnam Strong Brand Program focused on honoring businesses that have achieved outstanding performance in manufacturing, trade, and services, while advancing green investment and sustainable development. link vào w88 không bị chặn program also recognized companies that have made significant contributions to their communities and local economies, supporting Vietnam’s high-growth goals for this year and link vào w88 không bị chặn years ahead. All enterprises honored in link vào w88 không bị chặn Vietnam Strong Brand 2025 program represent exemplary models across diverse sectors, contributing prominently to link vào w88 không bị chặn country’s economic growth amid global integration and its rise in a new era. Vinatex was proudly named among link vào w88 không bị chặn Top 10 Strong Brands in 2025.
Over link vào w88 không bị chặn past 5 years, despite facing numerous challenges — including link vào w88 không bị chặn Covid-19 pandemic, trade wars, inflation, geopolitical instability, a sharp decline in global textile demand, and intense competition within link vào w88 không bị chặn industry, Vinatex has demonstrated strong political will, effective leadership, creativity, and flexibility in its business operations. Across link vào w88 không bị chặn entire system, Vinatex has met and exceeded many key performance targets. link vào w88 không bị chặn Group achieved an average annual growth rate of 6%, an average profit increase of 31% per year, an average export turnover growth of 2% per year, and an average income growth of over 6% annually…
Vinatex’s development focus in link vào w88 không bị chặn coming period is: to continue expanding production capacity and market share for high-tech textile products, targeting annual revenue of 80–100 million USD from flame-resistant fabrics by 2030. Vinatex will accelerate digital transformation, green transition, and circular economy initiatives, positioning itself as a modern, pioneering enterprise in sustainable textile and garment production that meets international sustainability and ESG standards.
Vinatex also aims to build an integrated ecosystem of training – research – production to cultivate and develop a high-quality workforce, while investing in and transferring proprietary technologies, and strengthening partnerships with major players in global supply chains. link vào w88 không bị chặn Group remains steadfast in its strategic vision of becoming “a one-stop destination for comprehensive green textile and fashion solutions.”
Over link vào w88 không bị chặn past 40 years of Doi moi, Vietnam has achieved remarkable milestones: link vào w88 không bị chặn economy now ranks 34th globally in size, with GDP exceeding USD 470 billion in 2024 and total import–export turnover reaching USD 786 billion, placing link vào w88 không bị chặn country among link vào w88 không bị chặn top 20 economies worldwide in trade and foreign investment attraction.
These achievements owe much to link vào w88 không bị chặn dedication and vision of Vietnamese enterprises and entrepreneurs, with Vinatex and Chairman Le Tien Truong are exemplary representative.
