Vietnamese steel producer Hoa Phat Group will launch its Hoa Phat Dung Quat 2 iron and steel factory project in early 2022 with a capacity of 5 million tonnes per year, focusing on hot-rolled coil (HRC) production using the latest...
Steel producer Hoa Phat has reported that its post-tax profit ped 7 per cent year on year to VND2.05 trillion (US$88.15 million) in the second quarter of the year.
Steel producer Hoa Phat Corporation plans to issue more than 606.8 million bonus shares, worth VND6 trillion (US$266.7 million), to pay a 40 per cent dividend for its performance in 2017.