AsemconnectVietnam - In 2025, Hoa Phat Group contributed VND13,000 billion to the state budget across 20 provinces and cities nationwide.

Of which, Hoa Phat Dung Quat Steel and Hoa Phat Hai Duong Steel are the two member companies that contributed the most to the budget.
Specifically, the total amount of taxes and fees paid by Hoa Phat Dung Quat Steel Joint Stock Company, including VAT on imported goods, import and export taxes, domestic taxes, etc., reached VND8,237 billion. Next is Hoa Phat Hai Duong Steel Joint Stock Company with VND2,034 billion, a 48% increase compared to 2024.
Other member companies of the Group also contributed significantly to the state budget, including: Hoa Phat Steel Pipe (VND688 billion), Hoa Phat Refrigeration (VND666 billion), Hoa Phat Construction & Urban Development (VND386 billion), Hoa Phat Hung Yen Steel (VND307 billion),...
From the time Hoa Phat was listed on the stock market in 2007 to December 31, 2025, Hoa Phat has contributed a total of VND101,000 billion to the state budget. In 2025, Hoa Phat will be among the top 4 private enterprises paying the most taxes (according to Cafef's PRIVATE 100 ranking). In the list of the 1000 largest corporate income tax payers in 2025 - V.1000, Hoa Phat Group has 9 member units on this list. This is a proud achievement for the heavy industry manufacturing enterprise.
Hoa Phat Group is currently the largest steel producer in Southeast Asia with a capacity of 16 million tons from the end of 2026. Of this, 60% is high-tech steel, serving the mechanical engineering, automotive, shipbuilding, oil and gas, household appliance, steel structure, and energy industries. Currently, Hoa Phat is the only Vietnamese enterprise that has invested in the production of hot-rolled coil (HRC) steel.
Hoa Phat is implementing a project to produce rail steel and special steel in Dung Quat. The plant is expected to produce rail steel in 2027, serving key railway projects in Vietnam and exporting to international markets.
N.Nga
Source: VITIC/Tinnhanhchungkhoan