Number of foreign funds simultaneously sell down Hoa Phat Group interest

Number of foreign funds simultaneously sell down Hoa Phat Group interest

Major funds including Norges Bank, Vietnam Enterprise Investments Ltd., PENM III German GmbH & Co. KG are selling down their shareholdings in Hoa Phat Group.
Shares firm, materials and consumer progress

Shares firm, materials and consumer progress

Vietnamese shares steadied on Thursday morning, driven by material and consumer sectors.
Penm Partners fifth fund held up by COVID-19 uncertainties

Penm Partners fifth fund held up by COVID-19 uncertainties

Danish private equity firm Penm Partners is seeing a sluggish fundraising process for its fifth fund as it ran into choppy waters due to the COVID-19 outbreak.
Stocks rebound despite measure of pessimism among foreign investors

Stocks rebound despite measure of pessimism among foreign investors

In the first two days of the week, stocks bounced back from a coronavirus-induced plunge, but due to banks' extending a helping hand to affected companies.
Dragon Capital no longer major shareholder of Hoa Phat

Dragon Capital no longer major shareholder of Hoa Phat

Funds managed by Dragon Capital have sold 500,000 Hoa Phat shares, reducing ownership to 106.08 million shares or 4.986 per cent of the outstanding shares.
Chairman of Hoa Phat no longer in Billionaires List of Forbes

Chairman of Hoa Phat no longer in Billionaires List of Forbes

Hoa Phat Group (HPG) chairman Tran Dinh Long is no longer named on Forbes' 2019 list of billionaires published on March 5, including five Vietnamese names.
Steel stock prices on rise despite unsatisfied warnings

Steel stock prices on rise despite unsatisfied warnings

The stock price of steel companies like Hoa Sen, Nam Kim, and Hoa Phat are still on the rise despite securities companies’ warnings to rein in buyers.
Hoa Phat chairman falls off Forbes’ billionaire list

Hoa Phat chairman falls off Forbes’ billionaire list

Tran Dinh Long, chairman of Hoa Phat Group, was not on the list of billionaires compiled by Forbes due to the plunge in the corporation’s share value.
Handover delay of Mandarin Garden 2 to cut Hoa Phat’s profit by VND200 billion

Handover delay of Mandarin Garden 2 to cut Hoa Phat’s profit by VND200 billion

Ho Chi Minh City Securities Corporation (HSC) estimates that the after-tax profit for 2018 of Hoa Phat Group will reduce by VND200 billion ($8.8 million) due to the handover delay in the Mandarin Garden 2 project in Hanoi.
Hanoi takes heavier hand with fire code violators

Hanoi takes heavier hand with fire code violators

Hanoi takes a stronger hand with fire code violators, threatening to turn off water and electricity at entire projects.
Three people died in Hoa Phat steel factory fire

Three people died in Hoa Phat steel factory fire

Three of the four victims of the fire at the Hoa Phat steel factory at Hai Duong province’s Kinh Mon district have died this morning.
Hoa Phat Group accelerates $3 billion ill-fated Dung Quat steel complex

Hoa Phat Group accelerates $3 billion ill-fated Dung Quat steel complex 1

Hoa Phat Group is focusing on the construction of the two phases of $3 billion Hoa Phat Dung Quat steel complex.
ADC drops anti-dumping case of Vietnamese steel

ADC drops anti-dumping case of Vietnamese steel

After a year of thorough investigation into the anti-dumping and anti-subsidisation case of Vietnamese coiled steel rod, the Australian Anti-Dumping Commission (ADC) has closed the matter.
Hoa Phat Group not afraid to compete with Formosa

Hoa Phat Group not afraid to compete with Formosa

Hoa Phat Group put down concerns over competition with Taiwanese Formosa project as well as the recent US tariff threats on steel and aluminum imports.
Four Vietnamese billionaires on Forbes list

Four Vietnamese billionaires on Forbes list

The number of billionaires in Vietnam has doubled from last year to reach four on Forbes magazine's recently released 2018 list of the world's richest people.