Hoa Phat Steel Joint Stock Company

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Hoa Phat Steel Joint Stock Company was founded in 8/2007 and the investor of Hoa Phat Steel Integrated complex (Kinh Mon – Hai Duong). This is the key project of Hoa Phat Group in the process of becoming a leading steel manufacturer in Vietnam.

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The Complex uses blast furnace technology with a capacity of up to 850,000 tons per year, contributing to increase the steel capacity of the Hoa Phat Group to 1.2 million tons per year. Its model is considered as synchro production line, modern and largest scale of Vietnam today.

Mission and vision

Vision
Become the leading industrial production group of Vietnam, operating diversified with the strong fields including steel production, the traditional industries and real estate

Mission
– Harmonize with the development of society, product always towards benefits of customers
– Sustainable cooperation, reliable partner, bringing long-term value to shareholders
– Promote talent, wisdom and bring better life to members of the company
– Prospects of investment expansion to contribute significantly to the prosperity of VietnamSocial Responsibility

Hoa Phat Steel Joint Stock Company (via ongthep.hoaphat.com)

Social Responsibility

With the aim to create a harmonious linkage between business and social activities, during 2014, Hoa Phat Group undertook many charity and community focused activities. Such activities reflect the Group’s recognition of its corporate social responsibilities, commitment to upholding the tradition of “solidarity and mutual help” of the Vietnamese nation in general and Hoa Phat Group in particular.

Spring of love

This is one of the annual activities carried out immediately before the Lunar New Year (Tet) started, so as to bring a truly warm Tet to the beneficiaries. During 2014, 800 gift packages including rice, salt, cooking oil and confectionary were presented to poor households in the provinces including Ha Giang, Yen Bai, Lao Cai, Hai Duong andHa Tinh.

At the same time, Hoa Phat also presented Tet gifts for nearly 700 poor and disadvantaged pupils in two provinces of Ha Giang and Lao Cai. Each gift package contained warm coats, boots, confectionary, books and notebooks. Although the gifts were low in monetary value, Hoa Phat Group hopes that they brought great spiritual encouragement, and helped motivate the pupils to make great progresses in their studies and become productive citizens for the society.

Join hands for the community

In 2014, Hoa Phat carried out many social activities to benefit the community. One of the activities that Hoa Phat focused on was the free meal program for poor patients at the Central Oncology Hospital (K Hospital). Under this program, 150 meal portions per day have been provided to support poor patients and support their medical treatment. This is just one of the activities which demonstrates the tradition of “The good leaves protect the worn-out leaves” that have been carried out since 2010 and which will be maintained during the coming years.

Hoa Phat Group (via baomoi.com)

Meanwhile, the funding activity of Hoa Phat for the poor district of Hoang Su Phi, Ha Giang province which under the 30A Program of Vietnam Government has been still implemented on an annual basis, step by step investment. Hoa Phat considers that economic development should go hand in hand with stability for the border residents. The funds provided by Hoa Phat have been spent for investment in infrastructure, welfare facilities, financing equipment and facilities for schools and healthcare establishments. Such investment improves the living quality of residents and enables them to concentrate on their occupations, economic development, gradual poverty reduction and hunger eradication.

Besides the investment in border trade economic development in Hoang Su Phi, Hoa Phat has placed emphasis on the construction of welfare facilities in the areas where its factories are located. In 2013, Hoa Phat built a standard kindergarten in Kinh Mon, Hai Duong province (where Hoa Phat Integrated Steel Complex is located) and in 2014, Hoa Phat continued with the construction of the lounge for Kinh Mon General Hospital, with a total investment of VND800 million. This facility has now been put into operation to serve the people going to hospital.

Along with sports

In parallel with the above charitable and social activities, during the past year, Hoa Phat also actively participated in sponsoring and supporting the Hoa Phat Hung Yen female volleyball team. Thank to the sound and systematic investment and support, the Hoa Phat Hung Yen female volleyball team won the Tier ANational Volleyball Tournament 2014. They won all the games in the final round to win the tournament in an very impressive manner and become an opponent that will be feared at the National Volleyball Championship next year.

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