Hoa Phat Group ranks 16th among Top 100 most valuable brands in Vietnam

On the morning of August 15, 2023, Brand Finance - the world's leading brand valuation organization cooperated with Mibrand Việt Nam, the brand consulting and market research firm to award Top 100 most valuable brands in Vietnam. Hoa Phat Group ranked 16th in the Top 100 most valuable brands. This is the 8th consecutive year Hoa Phat Group has been honored in the ranking.

Hoa Phat Group ranked 16th in the Top 100 most valuable brands

The award ceremony was within the framework of the "Brand Finance - Mibrand Vietnam Forum 2023" forum. Accordingly, businesses are awarded for their brand value, rankings, brand strength index and recognition of achievements of brands in the rankings.

Statistics showed that Hoa Phat’s brand is valued at US$620 million. The group is the only steel manufacturing enterprise in the Top 16 most valuable brands in Vietnam in 2023.

Hoa Phat Group holds the No.1 market share in Vietnam in the fields of construction steel, steel pipes, Top 5 largest galvanized steel sheet manufacturers. Hoa Phat’s clean chicken eggs are in the Top 3 largest producers in Vietnam and leading in the North. In the international market, the group's products and brands have been sold in 30 countries and territories across 5 continents and are protected in many major countries.

In the first half of 2023, Hoa Phat Group recorded VND56.6 trillion in revenue and more than VND1.8 trillion in after-tax profit. In which, the steel production and related products contributes over 90 per cent to the group's business results.

For many consecutive years, Hoa Phat brand has been selected as National Brand, Top Strongest Brand in Vietnam; Vietnam Gold Star, Top 50 most effective business companies in Vietnam; Top 30 largest corporate income tax payers in Vietnam, Top 10 famous brands of Vietnam…

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