The Hoa Phat Group exported about 200,000 tonnes of steel in 2017. (Photo: thephoaphat.org)
Quang Ngai (VNA) – The Hoa Phat Group announced on January 4 that itexported about 200,000 tonnes of steel in 2017.
Some 161,000 tonnes were shipped to the US, Canada, Australia, Malaysia andCambodia. High-quality steel products have been favoured by foreigners.
The group also sold 79,000 tonnes of steel billets to domestic and foreign markets.
Last year, the company’s business hit a record of 3 million tonnes of steel, ayear-on-year surge of 25 percent. Of the total amount, 2.2 million tonnes wereconstruction steel, 600,000 were steel pipes, and the remainders are galvanisedsteel.
The Hoa Phat Group continued to affirm its leading position in the domesticmarket with its two main products – construction steel and steel pipes. Strongconsumption was seen in the central and southern regions.-VNA
Hoa Phat Group (HPG) plans to issue an additional 250 million shares to raise capital for its strategic Hoa Phat Dung Quat iron and steel production complex project this year.
Hoa Phat Group, a major industrial production group in Vietnam, manufactured more than 505,000 tonnes of steel in Q1 2017, up 27.9 percent year on year, and its market share expanded to 24.2 percent.
Hoa Phat Group manufactured some 209,000 tonnes of steel in July, up nearly 50 percent from the same period last year, retaining top spot in terms of domestic steel market share.
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The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The Hoa Phat Group exported about 200,000 tonnes of steel in 2017. 
