Thanh Thanh Joint Stock Company ceased production and is undergoing a major restructure

Thanh Thanh Joint Stock Company was forced to stop production on July 1, 2025. The company is undergoing a complete restructuring after being required to relocate its factory. In the first half of 2025, the company's pre-tax profit was only VND 24 million, a sharp decrease from the same period last year. The company's business plan was revised to a loss of VND 7.9 billion in 2025 and it expects to continue losing money in 2026. The production halt also resulted in 178 employees losing their jobs.

Thanh Thanh Joint Stock Company was forced to stop production on July 1, 2025. The company is undergoing a complete restructuring after being required to relocate its factory. In the first half of 2025, the company's pre-tax profit was only VND 24 million, a sharp decrease from the same period last year. The company's business plan was revised to a loss of VND 7.9 billion in 2025 and it expects to continue losing money in 2026. The production halt also resulted in 178 employees losing their jobs.

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