HPG ranked in the top 10 private enterprises of Vietnam

According to the ranking of 500 largest enterprises in Vietnam (VNR 500) 2013 has just been announced on December 2nd, Hoa Phat Group JSC (HPG) ranked 44th in VNR 500 and in top 10 largest private companies of Vietnam.

This is the 5th consecutive year, Hoa Phat ranked in top 10 of the largest private companies in Vietnam. This shows that HPG maintains a very stable growth. In 2012, Hoa Phat Group reached VND17,122 billion of revenue. Besides the parent company, many subsidiaries of HPG have been also present in the rankings, such as Hoa Phat Energy JSC (115), Hoa Phat Furniture (261), Hoa Phat steel pipe (307) , Hoa Phat Trading Company (433) and Hoa Phat Binh Duong steel pipe one member Co., Ltd (434).

On January 17th 2014, Vietnam Report JSC in coordination with VietnamNet online Newspaper will organize the Awards Ceremony for 500 Vietnamese largest enterprises of 2013. This is the 7th consecutive year VNR500 has been announced to honor the significance contribution of enterprises to Vietnam development in the year.

The VNR500 is researched by Vietnam Report with science, independence and internationally standard compliance. Private enterprises selected include those with private capital larger than or equal to 51%. Minimum revenue to be ranked for the list regardless of ownership is VND 1400 bil dong and for the private list is 660 bil dong.

HPG