Hoa Phat contributes VND 12.038 trillion to state budget across 20 provinces and cities in first nine months of 2026

In the first nine months of 2026, Hoa Phat Group contributed VND 12.038 trillion to the state budget across 20 provinces and cities nationwide, up 28% year on year. Hoa Phat Dung Quat Steel and Hoa Phat Hai Duong Steel were the Group’s two largest contributors.

Hoa Phat contributes VND 12.038 trillion to state budget across 20 provinces and cities in first nine months of 2026

Hoa Phat Group made state budget contributions in 20 provinces and cities nationwide. Quang Ngai recorded the Group’s largest contribution at VND 7.332 trillion, accounting for 60% of the total. Hoa Phat also made significant budget contributions in Hai Phong, Hung Yen, Quang Ninh, Ho Chi Minh City, Da Nang and Hanoi.

Hoa Phat Dung Quat Steel was the largest contributor among the Group’s subsidiaries in the first nine months of 2026. Its total tax and fee payments during the period, including import VAT, import-export duties and domestic taxes, reached VND 7.352 trillion, up 26% from the same period in 2025.

Hoa Phat Hai Duong Steel ranked second among Hoa Phat companies in terms of state budget contributions, with payments of VND 2.331 trillion in the first nine months, an increase of 66% year on year.

Other Group subsidiaries also made substantial state budget contributions, including Hoa Phat Steel Pipe with VND 713 billion, Hoa Phat Refrigeration with VND 390 billion, Hoa Phat Hung Yen Steel with VND 345 billion, and Hoa Phat Construction and Urban Development with VND 309 billion.

From Hoa Phat’s stock market listing in 2007 through September 30, 2026, the Group contributed a total of more than VND 112.7 trillion to the state budget. In 2026, Hoa Phat ranked among the top five private-sector taxpayers according to CafeF’s PRIVATE 100 ranking. Hoa Phat also had nine subsidiaries included in the V.1000 list of Vietnam’s 1,000 largest corporate income taxpayers in 2025, a notable achievement for a heavy industrial manufacturer.

Hoa Phat has consistently been recognized in a number of major rankings, including Top 2 Largest Private Enterprises in Vietnam, Top 10 Outstanding Enterprises in Vietnam, Top 50 Most Effective Companies, Fortune’s Top 100 Largest Companies in Southeast Asia, Top 10 Leading Value-Creating Enterprises in Vietnam 2025 in the Building Materials sector, and Top 50 Best Listed Companies in Vietnam.

Linking its development with the interests of the community, Hoa Phat actively fulfills its corporate social responsibility, focusing on four key areas: healthcare, education, transportation and community support. The Group has carried out a wide range of charitable initiatives, notably building 1,500 houses for disadvantaged households in various localities and providing more than VND 40 billion to build new schools in Binh Dong, Quang Ngai. It also continues its “Loving Heartbeat” program, which provides free heart surgery for more than 500 disadvantaged children, while offering long-term support to nearly 200 orphans nationwide.