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Hoa Phat Group

Hoa Phat Group

Established in 1995, Hoa Phat belongs to the first group of private companies established after the Vietnam Enterprise Law was promulgated. Currently, the group has a production system with dozens of factories and a network of product distribution agents throughout Vietnam. As of 2022, Hoa Phat Group has more than 30,000 employees, the scale of...

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Established in 1995, Hoa Phat belongs to the first group of private companies established after the Vietnam Enterprise Law was promulgated. Currently, the group has a production system with dozens of factories and a network of product distribution agents throughout Vietnam. As of 2022, Hoa Phat Group has more than 30,000 employees, the scale of operations is spread across the country, and has a representative office in Singapore and Australia.[1]

1992: Established Hoa Phat Equipment & Parts Co., Ltd. – The first company bearing the brand name Hoa Phat.
1995: Established Hoa Phat Furniture Joint Stock Company
1996: Established Hoa Phat Steel Pipe Co., Ltd
2000: Established Hoa Phat Steel Joint Stock Company, now Hoa Phat Hung Yen Steel Co., Ltd
Jul 2001: Established Hoa Phat Refrigeration Co., Ltd
September – 2001: Established Hoa Phat Urban Development and Construction Joint Stock Company
2004: Established Hoa Phat Trading Co., Ltd
January – 2007: Restructured according to the group model, with the parent company being Hoa Phat Group Joint Stock Company and its member companies.
August 2007: Established Hoa Phat Hai Duong Steel Joint Stock Company, deployed the Iron and Steel Complex in Kinh Mon, Hai Duong
11/15/2007: Listing stocks with code HPG on Vietnam stock market
June 2009: An Thong Mineral Investment Joint Stock Company became a member company of Hoa Phat
December 2009: Hoa Phat Iron and Steel Complex completed investment phase 1
2011: Structure of the parent company’s operating model with the separation of the steel production and trading segments
2012: Hoa Phat celebrates 20 years of establishment and development, received the Third Class Labor Medal from the President
2013: Hoa Phat Iron and Steel Complex completed the second phase of investment, bringing Hoa Phat’s total steel capacity to 1.15 million tons/year.
2015: Launched Hoa Phat Animal Feed Production and Trading One Member Company Limited, now Hoa Phat Hung Yen Feed Company Limited, marking a new development in the Group’s history when investing in the field agriculture
Feb – 2016: Established Hoa Phat Agriculture Development Joint Stock Company
February 2016: Completion of Phase 3 investment – Hoa Phat Iron and Steel Complex, increasing Hoa Phat construction steel capacity to 2 million tons/year
April 2016: Established Hoa Phat Steel Co., Ltd., started to implement the project of color coated steel sheet, galvanized steel sheet, cold galvanized steel of all kinds with a capacity of 400,000 tons/year
February 2017: Established Hoa Phat Dung Quat Steel Joint Stock Company, deployed Hoa Phat Dung Quat Iron and Steel Complex in Quang Ngai province, with a scale of 4 million tons/year with a total investment of VND 52,000 billion, marking a step new development turning point of Hoa Phat Group
September – 2019: Hoa Phat Equipment & Parts Co., Ltd officially changed the company’s name to Hoa Phat Metal Fabrication Co., Ltd.
11 – 2020: Hoa Phat Group begins to supply commercial hot-rolled coil products to the market. Products to help optimize Hoa Phat steel ecosystem
December – 2020: Hoa Phat Group restructures its operating model with the establishment of Corporations in charge of each field of operation of the Group. Accordingly, 4 corporations under the group were established, including: Iron and Steel Corporation, Steel Products Corporation, Real Estate Corporation, Agriculture Corporation.
2021: The Group decided to establish more Hoa Phat Household Appliances Corporation with the following fields of activity: Investment, production, and sales of electrical and household appliances.

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