CôNg Ty Tnhh DệT Và NhuộM HưNg YêN
Business Opportunity Assessment Report

Company Snapshot

Hung Yen Knitting & Dyeing Co., Ltd. is a Vietnam-based textile manufacturing entity established in 2008 and wholly owned by Italian management (CEO Ivano Pelizzoli, Director Claudia Anselmi), operating under Vietnamese corporate registration (Tax ID: 0900288623). The company specializes in high-performance knitted fabrics—particularly for sportswear and swimwear—with sustainability as a stated strategic pillar. Its operational footprint spans multiple industrial zones across Vietnam (Hưng Yên, Đồng Nai, TP.HCM), reflecting a vertically integrated dyeing and knitting capability. A notable structural shift occurred in 2024–2026: the company transitioned from predominantly inbound equipment/chemical procurement to increasingly diversified global sourcing, with China and Italy jointly accounting for 67.8% of transaction volume.

Company Attribute Information

• Company Name: Hung Yen Knitting & Dyeing Co., Ltd. (Công ty TNHH Dệt và Nhuộm Hưng Yên)
• Data Source: Vietnamese business registry (Masothue.com, FiinGate, Martech), official industrial zone records (Ban Quản lý KCN Hưng Yên), and verified job portals (TopCV, VietnamWorks)
• Country of Origin: Vietnam
• Address: Main HQ: Khu công nghiệp Dệt may Phố Nối, Xã Nghĩa Hiệp, Huyện Yên Mỹ, Tỉnh Hưng Yên, Vietnam; Factory: KCN Nhơn Trạch III, Xã Long Thọ, Huyện Nhơn Trạch, Đồng Nai; Office: Tầng 4, Thuận Hải Tower, Quận 7, TP.HCM
• Core Products: Polyester-spandex knitted fabrics (HS 54024500), textile auxiliaries & dyes (HS 32041210, 32151990), textile machinery parts (HS 84485900), technical textile accessories (HS 63079090)
• Company Type: Manufacturer (OEM)

Trade Trend Analysis

Data interpretation reveals strong monthly volatility in procurement volume (e.g., 791,150 units in Mar 2026 vs. 168,587 in Feb 2026), suggesting demand-driven batch ordering aligned with seasonal production cycles for performance apparel. Transaction frequency remains consistently high (avg. 95 transactions/month), indicating stable supplier engagement rather than speculative or one-off purchasing. Notably, 2026 shows a 32% YoY increase in total transaction count versus 2025 — a signal of expanded capacity or new product line ramp-up. Procurement activity has intensified significantly since early 2026, with no evidence of declining engagement — all top partners remain in ‘Maintained’ status.

Trade Partner Analysis

Data interpretation highlights a dual-sourcing architecture: China dominates volume (833 transactions, 41.3%) but serves primarily as a cost-efficient supplier of raw synthetics (polyester yarns, dyes) and machinery components; Italy contributes 26.5% of transactions and anchors high-value technical partnerships — including machinery OEMs (Karl Mayer Stoll, Reggiani Macchine), premium fabric developers (Carvico, Bianco), and digital printing innovators (Epson Como). This reflects a deliberate strategy to blend scalable inputs with precision engineering and design collaboration. Supplier relationships are mature and operationally embedded — zero ‘New’ or ‘Lost’ status among top 20 partners, confirming long-term contractual stability.

HS Code Analysis

Data interpretation shows clear product segmentation: HS 54024500 (polyester-spandex filament yarns, 12.5% of transactions) and HS 54022000 (polyester filament yarns, 9.2%) anchor the core input stream for knitted fabric production; HS 32041210 (reactive dyes) and HS 32151990 (textile auxiliaries) confirm deep vertical integration in coloration chemistry; HS 84485900 (parts for knitting machines) and HS 63079090 (technical textile accessories) reflect ongoing investment in machine maintenance and functional finishing. The clustering around synthetic fiber, dye, and machinery HS codes signals consistent focus on high-stretch, colorfast, performance-oriented textile outputs. Procurement is highly specialized and technically anchored — no generic commodity HS codes appear in top 20, underscoring operational sophistication.

Trade Region Analysis

Data interpretation confirms a tightly focused geographic procurement pattern: China (41.3%) and Italy (26.5%) jointly represent two-thirds of all transactions, forming a strategic axis between raw material scale and technical innovation. Germany (11.25%) adds advanced machinery and automation support, while Thailand (7.24%) emerges as a secondary regional hub — likely for ASEAN-sourced intermediates or logistics coordination. Notably, Singapore appears as a ‘New’ entry (2026-05-13), signaling potential expansion into ASEAN trade finance or chemical distribution channels. Geographic concentration mitigates supply chain fragmentation but increases exposure to bilateral trade policy shifts — especially US-China and EU-Vietnam regulatory developments.

Export Port Analysis

No active export port data available — all top 20 ports show ‘Lost’ status with last activity dated December 2024 or earlier. This indicates a fundamental shift: Hung Yen Knitting & Dyeing has moved away from direct export logistics and now relies on domestic consolidation or third-party forwarding. No current port-level shipment data supports analysis.

Contact Information

• Official Website: Not publicly confirmed (no functional domain found in search results)
• LinkedIn: Presence confirmed via employee profiles (e.g., Thanh Long Nguyen), but no verified corporate page
• Email: Not disclosed in public sources
• Phone: (+84) 28 36226869 (HQ, Ho Chi Minh City), (+84) 251 3566345 (Factory, Dong Nai)
• Address:
  • HQ: Tầng 4, Thuận Hải Tower, Đường Số 24, KCX Tân Thuận, Quận 7, TP.HCM
  • Factory: Đường Số 2, KCN Nhơn Trạch III – Giai đoạn 2, Xã Long Thọ, Huyện Nhơn Trạch, Đồng Nai
  • Registered Office: Khu công nghiệp Dệt may Phố Nối, Xã Nghĩa Hiệp, Huyện Yên Mỹ, Hưng Yên

Company Trade Summary

• Core procurement is technically precise and vertically aligned: synthetic yarns → dyes/auxiliaries → machinery parts → finished technical textiles.
• Dual-axis sourcing (China for scale + Italy/Germany for tech) enables competitive manufacturing without compromising R&D agility.
• All key suppliers are long-standing — zero churn in top 20 over 18 months, validating robust contractual and quality governance.
• Recent emergence of Singapore as a new trading partner suggests strategic ASEAN market positioning or financial channel diversification.
• Absence of current export port activity implies full reliance on Vietnamese logistics infrastructure or B2B fulfillment models (e.g., supplying fabric to downstream garment exporters).