Hoa Phat Group started construction of home appliance production plant in Ha Nam Province 

Hoa Phat Home Appliance Joint Stock Company on November 30^th 2021 started its construction on the first home appliance production plant in Hoa Mac Industrial Park in the northern province of Ha Nam. The plant is expected to be completed its construction within five months.

Covering an area of 14 hectares, the plant would produce air coolers, water purifiers and air purifiers with a capacity of about one million products a year. The Hoa Phat Home Appliance Joint Stock Company has made big investment in modern and methodical production lines from the very beginning to produce high quality products with modern, diversified designs and competitive prices.

In the fourth quarter of 2021, Hoa Phat Group has established the Hoa Phat Home Appliance Joint Stock Company, making a large and methodical investment in the home appliance industry on the basis of its 20 years of experience in developing the refrigeration industry. This is a step to anticipate the wave of production shifting from China to Vietnam. The Hoa Phat Home Appliance Joint Stock Company aims to become the largest household appliance manufacturer in Vietnam with a revenue of US$1 billion from this segment by 2030.

Overview of Hoa Phat Ha Nam Home Appliance producing factory

In parallel with the rapid deployment of new factories, Hoa Phat Group give priorities in research and development of high-quality refrigeration and household product that meet international standards to promote exports.

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