Hoa Phat is the leading industrial manufacturing group in Vietnam. Originating as a construction machine and equipment trading company in August 1992, Hoa Phat has gradually expanded its business to trading and production of Furniture, Steel Pipe, Steel, Refrigeration, Real Estate and Agriculture. Since November 15, 2007, Hoa Phat has been officially listed on the Stock Exchange under the stock ticker symbol ‘HPG’.
Currently, the Group operates in 05 sectors: Iron and steel (construction steel, hot rolled coil) – Steel products (including steel pipes, galvanized steel, drawn steel wire, prestressed steel) – Agriculture – Real estate – Home appliances. Steel production is the core, accounting for 90% revenue and profit of the Group. With the capacity of 8 million tons of crude steel per year, Hoa Phat is the largest steel producer in the Southeast Asia.
Hoa Phat Group holds the No. 1 market share in Vietnam for construction steel, steel pipes and Australian beef. Currently, Hoa Phat Group is in the Top 10 largest private enterprises in Vietnam, Top 10 profit enterprises, Top 5 listed companies with the largest charter capital in Vietnam stock market. HPG’s market capitalization reaches USD11 billion, among the top 15 largest steel companies by market capitalization.
With the business philosophy of “Harmony for joint development”, Hoa Phat spends hundreds of VND billions every year to fulfil its corporate social responsibilities to the community.
