•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

In the first four months of 2026, Hoa Phat Group contributed about 6,000 billion VND to the State Budget across 20 provinces nationwide, nearly 10% higher than the same period in 2025.
Since Hoa Phat’s listing on the stock market in 2007 through April 2026, the group has contributed a total of 107,000 billion VND to the State Budget.
In 2025, Hoa Phat ranked among the top four private-sector taxpayers (per PRIVATE 100). In the 2025 list of the 1,000 largest corporate income taxpayers (V.1000), Hoa Phat had nine member units included.
Hoa Phat is Southeast Asia’s largest steel producer, targeting capacity of 16 million tonnes by late 2026. Of this, 60% is high-tech steel serving sectors including mechanical engineering, automotive, shipbuilding, oil and gas, household goods, structural steel, and energy. The company is also described as the only Vietnamese firm capable of producing hot-rolled coil (HRC).
In Q1 2026, Hoa Phat produced 3.3 million tonnes of crude steel (blooms), up 25% year-on-year and up 8% quarter-on-quarter. Output of steel products—including construction steel, high-grade rolled steel, hot-rolled coil, and billets—reached 3 million tonnes, up 26% from the same period last year.
Within this, construction steel and high-grade rolled steel recorded 1.4 million tonnes, up 20% versus 2025 and up 8% quarter-on-quarter. Hoa Phat’s steel maintains No.1 market share in Vietnam at 36% and is present in more than 45 countries and territories across six continents.
For hot-rolled coil (HRC), sales reached more than 1.4 million tonnes, up 48% compared with Q1 2025.
Alongside its business activities, Hoa Phat implements programs focused on four main areas: health, education, transportation, and community. The group has built 1,500 houses for poor households in various localities and funded more than 40 billion VND for new school construction in Bình Đông (Quảng Ngãi).
Hoa Phat has also donated water-purification devices to schools and healthcare facilities, supported heart surgeries for children, and cared for orphans.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…