Hoa Phat is honored for social welfare contributions

Hoa Phat Group has been honored by the Central Committee of the Vietnam Fatherland Front for its significant contributions to social welfare from 2024 to 2026. 

On October 17, the Standing Committee of the Central Committee of the Vietnam Fatherland Front launched the 2026 “For the Poor” Peak Month and held a meeting to recognize organizations and individuals that made major contributions to social welfare during the 2024–2026 period. The program was themed “Great National Unity – Spreading the Spirit of National Solidarity and Compatriotism.” Hoa Phat was honored as one of 26 exemplary private enterprises recognized for their practical contributions to social welfare. 

Hoa Phat is honored for its significant contributions to social welfare during the 2024–2026 period. 

Over 34 years of development, Hoa Phat has built a diversified industrial ecosystem spanning five sectors: iron and steel, steel products, agriculture, real estate, and home appliances, with steel as its core business. 

Hoa Phat has remained committed to its business philosophy of “Harmony for Joint Development,” making social responsibility an integral part of the Group’s operations. This commitment is reflected in practical social welfare programs that deliver lasting value to communities and society. 

Mr. Vu Duc Sinh, Director of Hoa Phat Group Joint Stock Company’s Ho Chi Minh City Branch (second from right), receives a certificate of merit and flowers in appreciation of the sponsors. 

During the 2024–2026 period, Hoa Phat allocated more than VND 260 billion from the Group’s budget to social welfare programs nationwide. The funding primarily supported the Government’s campaign to eliminate temporary and dilapidated housing; the construction of Great Unity houses and charity homes for disadvantaged households and families affected by natural disasters; and the completion of public welfare facilities in Lao Cai, Quang Ngai, Phu Yen, Tra Vinh and other provinces.

Hoa Phat provides VND 15 billion to support the construction of 300 houses for disadvantaged people in Tra Vinh. 

Hoa Phat places strong emphasis on education and healthcare by building new schools in Khe Mo, Thai Nguyen Province, and Binh Dong Primary School in Quang Ngai Province. The Group has also donated clean-water filtration systems to healthcare facilities in remote areas, funded congenital heart surgery for children from disadvantaged families, and awarded scholarships to high-achieving students. 

Employees of Hoa Phat Dung Quat Steel provide hundreds of light meals to people seeking shelter from Typhoon No. 13. 

The Group also works proactively with local authorities, the Vietnam Fatherland Front and provincial mass organizations to respond promptly to natural disasters and address their consequences. It provides funding and essential supplies to help affected residents quickly stabilize their lives after storms and floods, reflecting the Vietnamese tradition of caring for others as one would care for oneself. 

As it enters a new stage of development, Hoa Phat will continue implementing practical social welfare programs, working alongside authorities at all levels to improve people’s quality of life.