Formosa Ha Tinh Steel Corporation was established on June 12, 2008, currently located at Vung Ang Economic Zone, Ky Long Ward, Ky Anh Town, Ha Tinh Province.
Formosa is the investor of the Son Duong iron and steel complex project (starting in 2008) with a total investment capital of nearly 10 billion USD (with a capacity of more than 10 million tons/year in phase I).
Hoa Phat Group is one of the largest industrial production groups in Vietnam. It was formerly known as a company specializing in trading construction machines. Hoa Phat has expanded its business into other fields including furniture, steel pipes, construction steel, refrigeration, real estate and agriculture.
Currently, Hoa Phat Group has 11 member companies and 01 office in Singapore, with 25,424 employees. Steel production is its core business, accounting for over 80% of the Group’s revenue and profit. With a capacity of over 8 million tons of steel of all kinds, Hoa Phat Group is the largest construction steel and steel pipe manufacturer in Vietnam with market shares of 32.5% and 31.7%, respectively.
In 2020, the group achieved a revenue of 91,279 billion VND, up 41% compared to 2019. Hoa Phat’s profit after tax reached 13,506 billion VND, exceeding 50% of the plan, up 78% over the same period and nearly 10 times higher than 2010.
Hoa Sen Group Joint Stock Company, formerly known as Hoa Sen Joint Stock Company, was established on August 8, 2001 with the initial charter capital of 30 billion VND. On November 8, 2007, the company transformed into Hoa Sen Group Joint Stock Company (Hoa Sen Group). It was the first non-state owned enterprise in Vietnam to build a cold rolled steel factory.
Hoa Sen Group currenlty holds more than 40% market share of corrugated iron, and nearly 20% market share of steel pipes. It is also the leading steel sheet exporter in Southeast Asia.
Nam Kim Steel Joint Stock Company (trademarked “Tôn Nam Kim”) is a leading coated steel manufacturer in Vietnam. By a motto always being a pioneer in investment of new technology, Tôn Nam Kim would like to offer our products to the domestic and international customers with the best quality. Until now, our products are fully nationwide trusted and exported to more than 50 countries around the world.
Tôn Nam Kim uses modern technology and equipment from the world’s leading corporations in the steel industry i.e. SMS (Germany) and Drever (Belgium). Our raw materials are selected from well-known and enormous suppliers such as Nippon Steel (Japan), Hyundai Steel (Korea), CSC (Taiwan), Formosa (Vietnam), etc. Additionally, at all stages of production, our products are always subjected to severe quality control processes. Thereby, Tôn Nam Kim has achieved certificates of the strictest qualified standards in the world such as JIS (Japan), AS (Australia), ASTM (USA), EN (Europe), ISO 9001 and ISO 14001.
Along with advanced technology, highly qualified professional and experienced teams, Tôn Nam Kim would like to commit and provide its customers qualified, environmental-friendly and economical products.
Posco Vietnam Co., Ltd was established on November 15, 2006 in Phu My 2 Industrial Park, Ba Ria – Vung Tau province. Posco’s steel mill has an average capacity of 1.2 million tons/year. Posco is currently the leading cold rolled steel manufacturer in Vietnam with market share of 85% for production and 99% for exports.
POSCO’s operating profit dropped by 37.9% in 2020 amid the COVID-19 pandemic that has impacted the global steel demand.
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