Hoa Phat Group is in the top 10 largest enterprises in Vietnam.

On November 12, 2025, Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietNamNet Newspaper announced the VNR500 Ranking - Top 500 Largest Enterprises in Vietnam in 2025. Hoa Phat Group was honored as the 2nd largest private enterprise and top 10 largest enterprises in Vietnam.

Hoa Phat ranks second in the Top 10 largest private enterprises in Vietnam in 2025.

The Vietnam National Resource Management (VNR500) ranking, modeled after the Fortune 500, has been published annually since 2007. The VNR500 aims to honor businesses that have made significant contributions to the development of the Vietnamese economy and to promote their brands to the domestic and international business community.

The main criteria for ranking businesses are revenue, profit, growth rate, total assets, and total number of employees. Hoa Phat Group has been honored in the ranking for 18 consecutive years.

In 2024, Hoa Phat achieved revenue of VND 140,560 billion, a 17% increase compared to the same period; after-tax profit reached VND 12,020 billion, a 77% increase and exceeding the plan by 20%. The steel sector continued to play a leading role, accounting for 93% of revenue and 86% of the Group's total profit. Profits from the agricultural sector increased 4.6 times compared to 2023. Hoa Phat contributed over VND 13,400 billion to the State budget, the highest amount ever.

In the first nine months of 2025, the Group achieved revenue of VND 111,031 billion, an increase of 5%, and after-tax profit of VND 11,626 billion, an increase of 26% compared to the same period last year.

Hoa Phat Group is among the top 10 largest enterprises in Vietnam.

Hoa Phat is the only Vietnamese enterprise capable of producing hot-rolled coil (HRC) steel, holding the number one market share in Vietnam for construction steel and steel pipes. The group also maintains its position and market share among the leading suppliers of clean chicken eggs, commercial pigs, and Australian beef to the market.

As the largest steel producer in Southeast Asia, equivalent to one of the top 30 largest steel companies in the world, Hoa Phat's steel production capacity will reach 16 million tons per year from 2026, mainly HRC steel and high-quality steel, contributing to fully meeting the needs of both domestic and international markets.

In 2025, Hoa Phat will also be featured in prestigious rankings, such as: Top 4 Private Enterprises contributing the largest amount to the state budget nationwide, Top 50 Most Efficient Businesses, Top 100 Largest Companies in Southeast Asia by Fortune, Top 10 Leading Value-Creating Enterprises in Vietnam 2025 – Building Materials Industry…

Alongside its business activities, Hoa Phat spends hundreds of billions of VND each year to implement numerous social responsibility programs in the fields of healthcare, education, transportation, and community development. These include supporting the construction of over 1,500 houses for the poor and families under preferential policies, donating water purifiers to schools and medical facilities, and building Binh Dong Primary School in Quang Ngai.

View the list of the Top 500 largest businesses in Vietnam in 2025 here.

HPG News

Source: https://www.hoaphat.com.vn/tin-tuc/tap-doan-hoa-phat-nam-trong-top-10-doanh-nghiep-lon-nhat-viet-nam.html