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Hoa Phat Group
Hoa Phat chairman Tran Dinh Long sees wealth decline amidst gains for other Vietnamese billionaires

Hoa Phat chairman Tran Dinh Long sees wealth decline amidst gains for other Vietnamese billionaires

Tran Dinh Long, chairman of steelmaker Hoa Phat Group, was the only one among Vietnam’s five billionaires who saw his net worth dropping so far this year.
PM urges Thaco, Hoa Phat, FPT to invest in major infrastructure projects

PM urges Thaco, Hoa Phat, FPT to invest in major infrastructure projects

How did the wealth of Vietnam's 6 billionaires change in 2024?

How did the wealth of Vietnam's 6 billionaires change in 2024?

Steel giant Hoa Phat to pump up charter capital by 10%

Steel giant Hoa Phat to pump up charter capital by 10%

Steel giant Hoa Phat Group is set to increase its charter capital by 10% to VND64 trillion ($2.51 billion) by paying dividends with shares.
May 13, 2024 | 05:00 am PT
Vietnam hopes to have 10 billionaires by 2030

Vietnam hopes to have 10 billionaires by 2030

The government wants Vietnam to have at least 10 billionaires and five businesspeople who are “most powerful” in Asia by 2030.
May 9, 2024 | 10:00 pm PT
Steelmaker Hoa Phat's profits dive to 6-year low

Steelmaker Hoa Phat's profits dive to 6-year low

Steel giant Hoa Phat Group saw post-tax profits plummet to a six-year low of VND6.8 trillion (US$276.71 million) last year.
January 22, 2024 | 10:41 pm PT
'King of steel', wife to transfer 42M shares to son

'King of steel', wife to transfer 42M shares to son

Tran Dinh Long, dubbed the “king of steel,” and his wife plan to transfer 42.8 million shares to their son in Hoa Phat Group, worth VND1 trillion (US$40.68 million) next month.
October 28, 2023 | 03:00 am PT
Hoa Phat’s profits improve despite weak steel demand

Hoa Phat’s profits improve despite weak steel demand

Steel giant Hoa Phat Group reported profits of VND1.45 trillion (US$61.23 million) for the second quarter, the highest in a year, despite a decline in demand amid economic challenges.
July 30, 2023 | 09:09 pm PT
Worst over for industry: Hoa Phat Steel chairman

Worst over for industry: Hoa Phat Steel chairman

The worst might be behind the steel industry but it is hard to determine whether the market has recovered, Tran Dinh Long, chairman of Hoa Phat Steel, has said.
March 31, 2023 | 04:39 am PT
Hoa Phat Group eyes diversification with urban development

Hoa Phat Group eyes diversification with urban development

Steel giant Hoa Phat Group wants to build several major urban areas 300-500 hectares in size in the next 10 years as part of its diversification plans.
March 26, 2023 | 11:28 pm PT
Hoa Phat director to sell 2 million shares to children

Hoa Phat director to sell 2 million shares to children

Hoang Quang Viet, a director of steel maker Hoa Phat Group, has registered to sell two million shares to his children between February 20 and March 20.
February 13, 2023 | 07:37 pm PT
Hoa Phat market cap halves in last 9 months

Hoa Phat market cap halves in last 9 months

Steel giant Hoa Phat Group has lost VND130 trillion (US$5.6 billion) from its market capitalization since last October due to a bearish market, rising costs and falling demand in China.
June 21, 2022 | 10:51 pm PT
Hoa Phat eyes $5 bln seaport, industrial complex in central province

Hoa Phat eyes $5 bln seaport, industrial complex in central province

Steel giant Hoa Phat Group wants to build a seaport and infrastructure for an industrial park for a total VND120 trillion ($5.16 billion) in the central province of Phu Yen.
June 20, 2022 | 12:00 am PT
Vietnamese billionaires see net worth rise by 15 pct in 2021

Vietnamese billionaires see net worth rise by 15 pct in 2021

The total net worth of Vietnamese billionaires has increased by nearly $2.6 billion, or 15 percent, since the last Forbes’ Billionaires update in April, to a combined $19.3 billion due to surging stock prices.
December 23, 2021 | 09:34 pm PT
Hoa Phat gets green light for $104 mln container plant

Hoa Phat gets green light for $104 mln container plant

Steel giant Hoa Phat Group has received a permit to build a VND2.4 trillion ($104.64 million) container manufacturing plant in the southern province of Ba Ria-Vung Tau.
December 21, 2021 | 03:30 am PT
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