Pursuing monkhood, Vietnam steel magnate chooses youngest daughter as heir apparent
Vietnamese steel magnate Le Phuoc Vu, chairman of Hoa Sen Group, will postpone plans to become a monk in 2026-2027 over many “unrealized plans” and spend time training his youngest daughter, his heir apparent.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Hoa Sen targets after-tax profit of $20.3 mln in 2023-2024 fiscal year
Multi-sector group Hoa Sen is targeting VND400-500 billion ($20.3 million) in after-tax profit in the 2023-2024 fiscal year, significantly higher than the VND30 billion recorded the previous year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s major steel producers report Q2 profit plunge
Three of the nation’s steel majors - Hoa Phat Group, Hoa Sen Group and Nam Kim - have reported significant profit declines in the second quarter of this year, while Vnsteel has posted a loss.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Top steelmaker Hoa Sen appoints deputy general director
Steel producer Hoa Sen Group appointed Nguyen Minh Phuc as its deputy general director of production on Thursday after he completed his probationary period from February 21, 2022 to May 10, 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steelmaker Hoa Sen targets $1.52 billion in fiscal year revenue
Hoa Sen Group, one of the leading steelmakers in Vietnam, has set a target of VND34-36 trillion ($1.44-1.52 billion) in revenue in the 2022-2023 fiscal year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coated steel major Hoa Sen Group reshuffles business model
Hoa Sen Group, Vietnam’s top producer of coated steel products and plastic pipes, will reshape itself as a distributor of construction materials, rather than a heavy industry manufacturer.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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