Fiber-reinforced epoxy materials have the advantages of light weight, high strength and designability, which are widely used in high-technology fields. In this paper, triangular poly (vinyl alcohol) (PVA) fibers prepared by melt spinning were used for the first time in reinforcing and toughening epoxy resins. Based on intermolecular complexation and plasticization, the triangular PVA fibers were successfully prepared via melt spinning and hot drawing. The thermal properties, crystallinity, morphology and mechanical properties of the triangular fibers with different draw ratios were characterized by DSC, FTIR, XRD, SEM and tensile testing. The results show that the comprehensive performance of the triangular fibers increased with the increase in the draw ratio. The tensile strength of triangular fibers increased from 0.3 to 4.22 cN/dtex. Then, the triangular PVA fiber and circular PVA fiber-reinforced and toughened epoxy materials were prepared, respectively. The mechanical properties of triangular PVA fiber/epoxy composites were higher than that of circular fiber-reinforced and toughened epoxy materials. Furthermore, the single-fiber pull-out test was used to analyze the interface capability of fibers and epoxy. The pull-out force of the circular fiber was 1.24 N, while that of the triangular fiber was 2.64 N. The specific surface area of the triangular PVA fiber was larger than that of the circular PVA fiber, which better made its contact with epoxy and was not easily pulled out. Experiments prove that triangular PVA fiber is an ideal material for strengthening and toughening epoxy resin.