Steel major Hoa Phat to focus on core business, research high-speed train rails
Vietnamese steel giant Hoa Phat Group will focus its resources on its core business in the short term to compete with imports amid intensified industry competition, said its chairman.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Water supply to Formosa-invested industrial park cut over unpaid bills
Phu My Water Supply JSC, a local firm in the southern province of Ba Ria-Vung Tau, has cut water supply to the My Xuan A2 Industrial Park over unpaid bills.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Beer-maker dethrones steelmaker as biggest domestic tax payer in central Vietnam province
Saigon-Ha Tinh Beer has surpassed Taiwan-invested Formosa Ha Tinh Steel Corporation (FHS) to become the biggest Jan-Sept domestic taxpayer in the central province of Ha Tinh.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Formosa Ha Tinh Steel suffers 2022 loss of $320 mln in Vietnam
Formosa Plastics Group’s turnover from its Vietnam activities fell 12% year-on-year to TWD158.1 billion ($5.1 billion) in 2022, and Formosa Ha Tinh Steel posted a loss of TWD10 billion ($322 million), according to the Taiwan-based giant’s annual report for last year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam steel sales fall 23% to 3.9 mln tons in Jan-Feb
Steel sales in Vietnam fell 23.2% year-on-year to 3.85 million tons in the first two months of this year, including one million tons for export, down 10.4%, according to the 100-member Vietnam Steel Association (VSA).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Formosa Ha Tinh raises steel prices over higher costs
Taiwan-invested Formosa Ha Tinh Steel Corporation (FHS), one of the biggest steel producers in Vietnam, has increased the prices of steel and steel billets in the first two months of the year due to higher production costs, the firm explained.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Unusual Formosa factory smoke not a problem: province leader
Unusually dense, yellow smoke billowing from the factory operated by the Formosa Ha Tinh Steel Corporation (FHS) Saturday was not a problem, says provincial chairman Vo Trong Hai.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Formosa thermal power plant explosion kills worker
Three workers were conducting maintenance work on gas pipelines at Formosa’s thermal power plant in Ha Tinh province when an explosion occurred, killing one and severely injuring the other two.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Formosa Ha Tinh urged to adopt steel deep processing technology
Steel deep processing can help meet domestic demand better and satisfy high export requirements, National Assembly Chairman Vuong Dinh Hue told Formosa Ha Tinh Steel Corporation (FHS) Wednesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
