Vietnam steel heavyweight Hoa Phat opens internal coffee shop
Vietnam's top steel manufacturer Hoa Phat Group on Tuesday opened a coffee shop in its Hanoi office, named H.A.Y.
H.A.Y coffee shop at the 66 Nguyen Du street building of Hoa Phat Group in Hanoi. Photo courtesy of the group.
The shop is located within Hoa Phat's office building at 66 Nguyen Du street, and it boasts "super affordable" prices, according to a company release.
Development of the coffee shop was completed in three months. Its primary purpose is to serve as a space for staff to host guests, collaborate internally, and unwind.
The name H.A.Y is inspired by the phrase "HPG Around You." HPG is the abbreviation of Hoa Phat Group and its trading code on the Ho Chi Minh Stock Exchange.
As an internal coffee shop, the prices for food and beverages are described as "super affordable" compared to outside establishments.
Inside the H.A.Y coffee shop. Photo courtesy of Hoa Phat Group.
In recent years, many large companies and corporations have adopted the trend of opening restaurants and coffee shops within their buildings to better serve employees.
This approach helps employees save time while enjoying reasonably priced, high-quality food and beverages right at the workplace. Such spaces also provide businesses with convenient venues for meeting partners and clients.
Hoa Phat is Vietnam's major industrial manufacturing group. Founded in August 1992 as a company specializing in trading construction machinery, Hoa Phat has since diversified into various sectors, including furniture, steel pipes, construction steel, refrigeration, real estate, and agriculture.
On November 15, 2007, the company listed its shares on the Ho Chi Minh Stock Exchange as HPG. HPG shares closed Wednesday at VND27,150 ($1.07) apiece.
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