Professional Documents
Culture Documents
OF THE LEADING
INDUSTRIAL
GROUP
IN VIETNAM
OPEN LETTER
4 H O A P H AT G R O U P
Dear valued Partners and Customers,
Founded in 1992, Hoa Phat Group has become a children, “Hoa Phat supports children to go to school”
prestigious brand, gaining the trust of customers with is or providing daily meals for poor patients, and giving Tet
leading product quality. The Group is in the Top 10 largest gifts to disadvantaged people... The company has created
private enterprises in Vietnam and tops the list of reputable jobs for more than 25,000 employees, making greater
construction materials trading companies in the country. and greater contributions to the State Budget, and well
performed social security.
Hoa Phat Group operates mainly in the fields of: Iron and
Steel (construction steel, hot rolled coil); Steel products The Board of Directors and employees are always
(Steel pipe, galvanized steel sheet; drawn steel wire, united, unanimous and determined to implement
prestressed concrete steel); Agriculture; Real Estate; business strategies, ensure commitments to customers,
and Home Appliances. The steel sector plays a key role, shareholders and build a strong business culture.
accounting for over 80% of the Group’s total revenue. Hoa
Phat Construction steel and Steel pipe have continuously The core value of Hoa Phat Group is the philosophy of
maintained the No.1 market share in Vietnam, accounting Harmony for Joint Development. This is reflected in the
for 32.5% and 31.7% of the total respectively. In 2020, the relationship between its employees, the Group and its
Group’s agriculture sector gained a profit growth rate of partners, agents, shareholders and social community,
triple compared to 2019. Its agricultural products such as ensuring the harmony of interests of stakeholders, towards
Australian beef and clean chicken eggs have been at the sustainable development. Hoa Phat Group has built a
top of the market. Real Estate also posted annual stable long-term, reliable and trusting partnership with the sale
growth rate. agents who have been with the Group since the very first
days of its establishment.
The Group’s development is always associated with
the community’s benefits. Hoa Phat always implements On behalf of the Group, I would like to express my sincere
it’s corporate social responsibility (CSR) commitment thanks to the trust and support of our Partners. Thanks
substantially and comes from bottom the heart with the to the positive cooperation of numerous customers, Hoa
philosophy of “Harmony for joint development”. This Phat has made many outstanding achievements.
has been clearly shown through annual programs such as
Yours Sincerely,
“Loving heartbeat” - sponsoring heart surgeries for poor
C O R P O R AT E O V E R V I E W 5
CONTENT
6 H O A P H AT G R O U P
PART 01: CORPORATE OVERVIEW
Vision, Mission, Positioning 10
Core Values 12
Scale 14
Achievements22
Steel Products 32
Agriculture38
Real estate 40
Home Appliances 42
C O R P O R AT E O V E R V I E W 7
CORPORATE
PART
OVERVIEW
VISION
MISSION, POSITIONING
10 T Ậ P Đ O À N H Ò A P H ÁT
T Ổ N G Q U A N V Ề H Ò A P H ÁT 11
CORE VALUES
12
10 H O A P H AT G R O U P
HOA PHAT GROUP
HARMONY FOR
JOINT DEVELOPMENT
P
, H P G
, -
G
.
C O R P O R AT E O V E R V I E W 13
SCALE
ORGANIZATION STRUCTURE
SUPERVISORY BOARD
BOARD OF MANAGEMENT
BOARD OF DIRECTOR
14 H O A P H AT G R O U P
OPERATING MODEL (2021)
C O R P O R AT E O V E R V I E W 15
SCALE
16 H O A P H AT G R O U P
BUSINESS
SECTORS
CORPORATE SCALE
OFFICE
IN SINGAPORE
MEMBER COMPANIES
IN AUSTRALIA
EMPLOYEES ++
REVENUE IN 2020
VND BILLION
VND BILLION
SCALE
18 H O A P H AT G R O U P
Sang Than Iron Ore Mining
C O P O R AT E O V E R V I E W 19
KEY FINANCIAL
INDICATORS
33,133
27,611
21,239
15,171
8,429
7,330
4,819
3,178 4,191
1,964
1,320
2007 2008 2010 2012 2014 2015 2016 2017 2018 2019 2020 2021
2010 2013 2015 2018 2019 2020
2021
20 H O A P H AT G R O U P
CHART OF REVENUE PROPORTION FOR YEARS BY BUSINESS SECTORS
100%
4% 2% 2% 3% 3% 4%
8% 6% 6% 5%
9% 12%
4% 6%
8% 12%
80% 8% 84%
60%
40%
20%
0%
C O R P O R AT E O V E R V I E W 21
ACHIEVEMENTS
22 H O A P H AT G R O U P
CERTIFICATES AND OTHER AWARDS
BRAND AWARDS
BUSINESS AWARDS
Top 30 Top 10
V
Top 50 Top 10
M
23
FIELDS OF
PART
OPERATION
IRON AND STEEL
26 H O A P H AT G R O U P
FACTORY SYSTEM
Productivity
Factory Location Technology Core products
(Ton/year)
Hoa Phat Dung Binh Dong – 5,600,000 Closed blast furnace • Square billet, flat billet
Quat Steel Binh Son – Including: from iron ore to • Steel bar, wire rod for construction
Integrated finished steel
Complex Quang Ngai 2.6 million tons of • High quality steel wire rod for
construction steel, (BF, BOF) drawing wire, making welding rod
cores, bolts, screws, prestressed
concrete steel
3 million tons of
hot rolled flat steel • Hot rolled coil steel (HRC) - raw
for mechanical materials for steel pipe, steel sheet,
manufacturing and other mechanical engineering
industry industries
• Slag crushed blast furnace slag S95
Hung Yen steel Pho Noi A 400,000 Refining steel from Steel bar and wire
rolling factory Industrial Park electric furnace from rod for construction
– Yen My - scrap to construction
Hung Yen steel (IF)
Hoa Phat Dung Binh Dong 5,600,000 Closed blast • Hot rolled coil steel (HRC) - raw
Quat Steel – Binh Son – Including: furnace from materials for steel pipe, steel sheet,
Integrated Quang Ngai iron ore to and other mechanical engineering
4.6 million tons of
Complex 2 finished steel industries
hot rolled coil (HRC)
(expected to (BF, BOF) • High quality wire rod steel
1 million tons of high
deploy from
quality long steel.
2022-2025)
F I E L D S O F O P E R AT I O N 27
IRON AND STEEL
CONSTRUCTION STEEL
In Vietnam, Hoa Phat is the largest steel producer and has held the No 1 market share for years. With the modern steel
refining technologies from iron ore, Hoa Phat Steel meets all the most stringent standards both of Vietnam and the world
with high and stable quality, diversified types and grades of steel.
In addition to taking the lead in the domestic market, Hoa Phat Steel products have been exported to 14 countries around
the world such as the US, Canada, Australia, Japan, South Korea, Cambodia and Malaysia, ...
Q : JIS G3505-2004 (J) TCVN 1651-2008 ASTM A615/A615M-14 (US)
28 H O A P H AT G R O U P
CHART OF HPG CONSTRUCTION STEEL 32.5%
OUTPUT AND MARKET SHARE
22%
10,594
21%
9,997
19%
9,127
8,138
15%
14%
12% 13%
6,482
5,237
4,806 4,844 4,579
4,464
3,400
2,775
2,377
2,180
1,803
1,380
1,001
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
F I E L D S O F O P E R AT I O N 29
IRON AND STEEL
30 H O A P H AT G R O U P
ENVIRONMENTALLY FRIENDLY CLOSED STEEL PRODUCTION PROCESS
P
E P D
W-
C
C
COLLECTING DELIVERING
FILTER SYSTEM COAL GAS TANK
C
C
.
I
P
B
R
P
S
F
L
F I E L D S O F O P E R AT I O N 31
STEEL
PRODUCTS
STEEL PIPE
Hoa Phat Steel Pipe Co., Ltd is the largest manufacturer of steel pipes in Vietnam. Its main products include hot-dip galvanized
steel pipe, welded black steel pipe, pre-galvanized steel pipe, hot-dip galvanized steel coil and large size steel pipe. With
a capacity of 1 million tons per year, Hoa Phat Steel Pipe holds the No.1 market share in Vietnam with a system of factories
and distributors nationwide. The Company’s products are always rated as the highest quality in Vietnam, especially hot-dip
galvanized steel pipe.
Productivity
Factory Location Product
(ton/year)
Hoa Phat Hung Yen Nhu Quynh Industrial Park, Van 450,000
steel pipe factory Lam District, Hung Yen Province
Hoa Phat Da Nang Hoa Khanh Industrial Park, Hoa 200,000 Welded black steel pipe
steel pipe factory Vang District, Da Nang City Hot dipped galvanized steel pipe
Galvanized steel pipe
Large size steel pipe 325mm
Hoa Phat Binh Duong Song Than II Industrial Park, 200,000
Galvanized steel sheet
steel pipe factory Di An Town, Binh Duong Province
Export markets: The US, Canada, India, Latin America, Southeast Asia.
32 H O A P H AT G R O U P
OUTPUT GROWTH MARKET SHARE GROWTH
OF HOA PHAT STEEL PIPE OF HOA PHAT STEEL PIPE THROUGH THE YEARS
QUANTITY ( )
820,000
750,800
653,900
31.5% 31.7%
587,000
487,800 27.6%
26.4% 26.4%
23%
20%
329,200
227,800
2014 2015 2016 2017 2018 2019 2020 2014 2015 2016 2017 2018 2019 2020
F I E L D S O F O P E R AT I O N 33
STEEL
PRODUCTS
01
02
02
+ G
600,000 / 200,000 / /
34 H O A P H AT G R O U P
PRODUCTS OF HOA PHAT STEEL SHEET
A
120,327 2
Cold steel sheet Galvanized aluminium
01 C
-
120,000 /
Cold rolled sheet
(full hard) Colour-coated steel sheet
F I E L D S O F O P E R AT I O N 35
STEEL
PRODUCTS
METAL MANUFACTURING
36 H O A P H AT G R O U P
Productivity
Factory Location Product
Ton/year
Hoa Phat Hung Yen Pho Noi A Industrial Park, Yen 100,000 Hot dipped galvanized steel wire
mechanical manufacturing My, Hung Yen Black annealed steel wire
and Steel wire drawing factory
Hoa Phat Pre-stressed Dung Quat Economic Zone, 320,000 PC Bar, PC STRAND, PC Wire
concrete steel factory Quang Ngai Province
Export markets: the US, Canada, South Korea, Laos, Malaysia, Myanmar, Taiwan, Cambodia
F I E L D S O F O P E R AT I O N 37
AGRICULTURE
AGRICULTURE
Animal feed Hung Yen, Dong Nai 600,000 tons/year Animal feed for cattle and poultry
Australian Cow Thai Binh, Quang Binh, 150,000 tons/year Australian beef
Breeding Dong Nai
Comercial Eggs Phu Tho 300 million eggs per year Clean eggs
38 H O A P H AT G R O U P
TARGETS FOR 2025
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
R 1,000
P
(V B)
2016 2017 2018 2019 2020
608%
476%
368%
334% 327%
TƯ ă ă 255%
182% 259%
Că Ú 195% 220%
100% 100% 100%
TƯ
F I E L D S O F O P E R AT I O N 39
REAL ESTATE
40 H O A P H AT G R O U P
HOA PHAT BUILDING PHO NOI A INDUSTRIAL PARK YEN MY II INDUSTRIAL PARK
70 NGUYEN DUC CANH HUNG YEN HUNG YEN
228 apartments Total area for rent: 600ha Total area for rent: 97.5 ha
Occupancy rate: 95% Occupancy rate: 94%. Occupancy rate: 82%
Total area for rent: 1,800 m2 Investment year: 2004 Investment year: 2015
Year completed: 2018
F I E L D S O F O P E R AT I O N 41
HOME
APPLIANCES
42 H O A P H AT G R O U P
FUNIKI AIR CONDITIONER FUNIKI REFRIGATORS HOA PHAT FREEZER
F I E L D O F O P E R AT I O N 43
CORPORATE SOCIAL
PART
RESPONSIBILITY
CORPORATE
SOCIAL RESPONSIBILITY
40,813
Currently, Hoa Phat Group manages
13,3
4 Corporations belonging to 4 CHART OF STATE BUDGET CONTRIBUTION 11.7
OF HOA PHAT GROUP 2008-2020 AND
segments and subsidiaries, operating
GROWTH RATE COMPARED TO 2008 8,8
in 25 provinces and cities across the
country, bringing stable jobs for over S
(
VND
25,000 direct employees and tens G 2008 (
) 6.3
S
E
S
10
2021 :
46 H O A P H AT G R O U P
HOẠT ĐỘNG CỘNG ĐỒNG 47
CORPORATE
SOCIAL RESPONSIBILITY
18%
42% PROPORTION
OF SOCIAL
ACTIVITIES
16%
OF HOA PHAT
8%
8%
1% 3% 4%
S S
F
B C
O
48 H O A P H AT G R O U P
THE MAIN ACTIVITIES ARE
BEING IMPLEMENTED
• Started in 2015
• Number of sponsored children patients for surgeries: 221
(as of the end 2020).
• Cooperating hospitals: Hanoi Medical University Hospital,
Viet Duc Hospital, E Hospital, Bach Mai Hospital.
SUPPORTING STUDENTS TO
ATTEND TO SCHOOL
“TET FOR THE POOR”
• Implementation time: from 2009 to present
“SPRING OF LOVE”
• Activities: funding the new construction and repair of
schools at all levels from preschool to university; providing • Implementation time: from 2008 to present
bunk beds, tables and chairs for boarding ethnic minority
• Activities: Giving Tet gifts (including necessities, cash) to
schools in the northern mountainous areas; sponsoring
poor, near-poor households, policy families, and students
scholarships for excellent students for difficult situation;
with difficulties.
sponsoring scholarships for Laos students in Vietnam.
• Scope: Nationwide
• Number of poor households and poor students receiving
gifts is nearly 20,000 cases.
C O R P O R AT E S O C I A L R E S P O N S I B I L I T Y 49
HA NOI OFFICE DA NANG OFFICE
A: 66 Nguyen Du, Nguyen Du Ward, Hai Ba Trung A: 171 Truong Chinh, An Khe Ward, Thanh Khe District,
District, Hanoi Capital, Vietnam Da Nang, Vietnam
T: 024 628 48 666 | F: 024 628 33 456 T: 023 637 21 232 | F: 023 637 22 833
A: 643 Dien Bien Phu, 25 Ward, Binh Thanh District, A: 38-03 Singapore Land Tower, 50 Raffles Place, Singapore 048623
Ho Chi Minh City, Vietnam T: (65) 6610 8527 | F: (65) 6612 3055
T: 028 629 85 599 | F: 028 629 87 799