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Hoa Phat
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Steel giant Hoa Phat appoints new CEO
Nguyen Viet Thang, 51, was appointed CEO of the Hoa Phat Group Monday for a five-year term, replacing Tran Tuan Duong.
Hoa Phat’s dizzy growth seems set to continue
Leading steelmaker Hoa Phat Group targets revenue and profit growth of 33 percent this year, and has announced plans to build a new plant.
Investment funds take profits as Hoa Phat share keeps rising
Funds have sold over 14 million shares of steelmaker Hoa Phat Group to book profits as its price surged on rising profits.
March 11, 2021 | 11:43 am GMT+7
Steel industry expected to recover this year
Vietnam’s steel industry is expected to recover this year with rising export orders, thanks to improved global demand and surging domestic consumption.
March 03, 2021 | 09:00 pm GMT+7
Steel giant to manufacture containers for first time in Vietnam
Steelmaker Hoa Phat plans to manufacture 500,000 twenty-foot equivalent unit containers a year to mitigate a shortage since containers are stuck at ports after Covid-19 hit trade.
March 01, 2021 | 11:32 am GMT+7
Steelmaker Hoa Phat reports 80 pct profit growth
Hoa Phat Group’s post-tax profit surged 80 percent last year to VND13.5 trillion ($584.74 million) following record figures in the third and fourth quarters.
January 26, 2021 | 01:25 pm GMT+7
The giddy rise of Vietnam’s steel billionaire
Tran Dinh Long, dubbed the “king of steel,” had no experience in the steel industry when he decided to enter it anyway in the mid-90s.
January 20, 2021 | 11:50 am GMT+7
Steel tycoon third rich person in Vietnam
Tran Dinh Long, chairman of steelmaker Hoa Phat Group, has moved up a position to become the third richest person in Vietnam.
November 23, 2020 | 05:32 pm GMT+7
Steel giant Hoa Phat achieves record Q2 profit
Steelmaker Hoa Phat reported its highest ever second quarter net profit of VND2.8 trillion ($121 million), up 34 percent year-on-year.
July 25, 2020 | 11:18 am GMT+7
Vietnam’s steel tycoon off Forbes billionaires list
Tran Dinh Long, chairman of Vietnam’s leading steel manufacturer Hoa Phat is no longer on Forbes’ list of billionaires.
December 03, 2018 | 04:12 pm GMT+7
Vietnamese firm wins anti-dumping steel lawsuit in Australia
The year-long investigation ended in Vietnam’s favor after finding no evidence of foul play.
March 28, 2018 | 06:33 pm GMT+7
'What’s most important is you do your job well,' Vietnam's King of Steel on road to billionaire
The Chairman of Hoa Phat Corporation shares his personal views on life and stories of his company’s battle-hardened journey.
March 10, 2018 | 10:31 pm GMT+7
Vietnam's billionaire count doubles to 4 on Forbes' rich list
Chairmen of steel and automotive corporations are the latest Vietnamese to crack into Forbes' list of world's billionaires.
March 07, 2018 | 08:44 am GMT+7
Vietnam's top steelmaker Hoa Phat to build $2.7 billion complex
The country's biggest producer aims to triple its capacity to up to 6 million tons over the next decade to meet local demand.
February 07, 2017 | 01:50 pm GMT+7
Vietnamese steelmaker Hoa Sen ready to plunge $700mln into deep-water port
The deep-water port is a part of a $15-billion steel complex planned for the central province of Ninh Thuan.
December 14, 2016 | 02:19 pm GMT+7
