In the first half of 2019, Hoa Phat Group poured nearly VND9.17 trillion (US$393.35 million) into Dung Quat iron and steel production complex, raising total investment in the project to approximately VND42.92 trillion.
The Hoa Phat Dung Quat Steel JSC has announced that it will apply SAP S/4HANA, a next-generation enterprise resource planning (ERP) software, for its iron and steel production complex.
Hoa Phat Group (HPG) said it expected to earn more than VND100 trillion (US$4.4 billion) in revenue by 2020, the year Hoa Phat Dung Quat iron and steel production complex would become fully operational.
Steelmaker Hoa Phat Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoa Phat Dung Quat iron and steel production complex.
Vietinbank and steelmaker Hoa Phat Group (HPG) have inked a credit agreement to finance the Hoa Phat Dung Quat iron and steel production complex, the company has announced.
The Dung Quat Economic Zone Authority (DEZA) and Quang Ngai Industrial Park Management Board on Monday granted an investment certificate for the Hoa Phat Dung Quat iron and steel production complex to the Hoa Phat Group.