Super Typhoon Yagi drives steel stock prices up
September 18, 2024 | 12:11
Recent growth in steel stocks is reflecting investor optimism about increased demand for construction materials in the wake of Typhoon Yagi.
Singapore’s SP Group joins hands with Hoa Sen Group for clean energy
June 30, 2024 | 11:24
On June 27, Singapore's SP Group and Hoa Sen Group signed a strategic partnership agreement for the sustainable development of clean energy at Hoa Sen Group's steel mills nationwide.
The upward wave of steel stock prices
January 30, 2024 | 17:51
In 2023, steel stock prices rose by an average of 58 per cent, outperforming the VN-Index by 46 per cent.
Steel producers report heavy losses for second consecutive quarter
January 31, 2023 | 11:54
Vietnam's five largest steel producers report combined losses of more than $152 million for the last quarter of 2022.
Steel makers witness hardships in Q4/2022
January 31, 2023 | 10:00
Steel companies witnessed hardships in the fourth quarter of 2022 with many big players suffering losses.
Steelmakers improve trade balance through integration
January 13, 2022 | 15:05
It is expected that, when results emerge, Vietnam’s steel sector will for the first time witness a trade surplus thanks to activities in 2021.
Vietnam's iron and steel exports go through the roof
April 05, 2021 | 14:17
Vietnam’s exports of iron and steel reached over $1.8 billion in the first quarter of 2021, with a strong increase that provides good signs for future progress.
Buoyant steelmakers still hoping for more
March 02, 2021 | 17:10
Listed steel companies announced breakthrough business results in the fourth quarter of 2020, enticing potential investment in the sector, and ending a successful year that they could hardly have imagined after the first period of the year was negatively affected by the pandemic outbreak.
Support recovery for the steel sector
December 26, 2020 | 10:00
Although the nation’s consumption of steel products decreased compared to last year, production and sales show signs of recovery among a few listed steelmakers, while others are trying to reach break-even point this year.
Tough spot for steel ventures as pandemic cuts off progress
September 04, 2020 | 11:00
The global coronavirus developments coupled with the falling demand are adding more pressure for some steelmakers to lay idle their projects, cut products, or ponder mergers and acquisitions strategies to ensure their cash.
Hoa Sen move hinders Ca Na progress
August 04, 2020 | 11:37
Hoa Sen Group is looking to transfer its involvement in the $10 billion Ca Na steel complex project in the south-central province of Ninh Thuan, posing new questions as to who could take over the troublesome venture.
Hoa Sen wallowing in debts
May 03, 2019 | 17:31
The revenue and profit of Hoa Sen Group (code: HSG) continues reducing sharply despite the closing of a lot of branches.
Hoa Sen Group shuts down ten more branches
March 05, 2019 | 09:57
To overcome business difficulties, Hoa Sen Group has just closed ten branches in addition to the 21 units shut down in January to restructure the company.
Hoa Sen Group closes 21 branches
January 30, 2019 | 15:45
Hoa Sen Group’s plan was carried out after the 2019 annual shareholders’ general meeting to restructure distribution points in the form of provincial branches.
Hoa Sen Group construction fire adds salt to injury
September 26, 2018 | 08:16
A trade centre of a Hoa Sen Group subsidiary under construction caught fire, adding to the mounting debt problems of the corporation.
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