Hoa Sen Group

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.

Gemadept finalises divestment from Hoa Sen-Gemadept Port

July 10, 2018 | 19:04

Gemadept Corporation has just announced completing the divestment of its 51 per cent stake in Hoa Sen-Gemadept Logistics and International Port Corporation.