Hoa Phat paid 7,100 billion VND to the budget after 6 months, creating jobs for 33,000 people

The member companies that pay the most to the budget include Hoa Phat Dung Quat Steel, Hoa Phat Hai Duong Steel, Hoa Phat Steel Pipe, Hoa Phat Refrigeration, Hoa Phat Hung Yen Steel, and Hoa Phat Construction & Urban Development.

The total amount of taxes and fees paid in the first 6 months of the year by Hoa Phat Dung Quat Steel Company, including value added tax on imported goods, import-export tax, domestic tax, etc., reached 4,100 billion VND and was the company that contributed the most among the group's members in the first half of 2025.

Hoa Phat paid 7,100 billion VND to the budget after 6 months, creating jobs for 33,000 people - 1

Hoa Phat's state budget contribution from 2015 to 2024 (unit: billion VND).

With 1,155 billion VND, Hoa Phat Hai Duong Steel ranked 2nd among Hoa Phat companies with the highest budget contribution in 6 months.

From 2007 to present, from the time Hoa Phat was listed on the stock market to June 30, 2025, Hoa Phat has contributed 95,000 billion VND to the State Budget. In 2024, Hoa Phat Group paid 13,500 billion VND to the budget, the highest ever, in the top 4 private enterprises paying the most taxes, only after 3 automobile enterprises (according to Cafef's ranking in 2024).

The Group and its member companies also commit to fully and properly implementing tax obligations during their operations. Hoa Phat has been honored and awarded Certificates of Merit by the General Department of Taxation and provincial and municipal tax departments many times as a typical unit that fulfills its tax obligations well.

Hoa Phat is the leading steel producer in Southeast Asia. In September, the group completed phase 2 of the Hoa Phat Dung Quat 2 Iron and Steel Complex project. Upon completion, the group's total steel output will reach 16 million tons/year, including 9 million tons of hot-rolled coil steel, meeting 100% of the demand for this product in the Vietnamese market.

Hoa Phat paid 7,100 billion VND to the budget after 6 months, creating jobs for 33,000 people - 2

Top 10 largest tax-paying private enterprises in Vietnam in 2024 (Source: Cafef).

As a leading industrial manufacturing group in Vietnam, established in 1992, Hoa Phat currently operates in 5 fields including iron and steel, steel products, agriculture , real estate, and household appliances, owning a diverse ecosystem of high-quality products.

According to the new administrative boundaries from July 1, Hoa Phat is contributing to the state budget in 20 provinces and cities across the country, creating jobs for 33,000 direct workers and tens of thousands of indirect workers.

Linking its activities with social benefits, Hoa Phat Group has implemented many practical support programs, focusing on four main groups: health - education - transportation and community. Hoa Phat has implemented many charitable activities, notably building 1,500 houses for poor households in many localities and sponsoring more than 40 billion VND to build a new school in Binh Dong (Quang Ngai).

The Group also donates water purifiers to schools, medical facilities, supports heart surgery for children, and cares for orphans...

Source: https://dantri.com.vn/kinh-doanh/hoa-phat-nop-ngan-sach-7100-ty-dong-sau-6-thang-tao-viec-lam-cho-33000-nguoi-20250729101903796.htm