Hoa Phat is the steel enterprise that contributes the largest amount to the budget in Vietnam.

CafeF news site has just announced the PRIVATE 100 list: honoring the 100 private enterprises that pay the largest budget in Vietnam in 2025 (according to actual data in the 2024 fiscal year). In 2024, Hoa Phat's budget contribution is more than 13,400 billion VND, the highest ever, ranking in the Top 1 steel enterprise and Top 4 private enterprises that pay the largest budget in Vietnam.

Hoa Phat ranks Top 1 in steel - construction materials business with the largest budget contribution in Vietnam in 2025

According to the PRIVATE 100 ranking, Hoa Phat is one of four multi-industry private corporations with a contribution of over VND 10,000 billion (with more than VND 13,400 billion, an increase of 48% over the same period last year). Since 2007, when Hoa Phat was listed on the stock market until June 30, 2025, Hoa Phat has contributed VND 95,000 billion to the State Budget.

VNTAX 200 Table - Top 200 enterprises paying the largest budget in Vietnam in 2025, Hoa Phat Group ranked 14th and is one of 4 private enterprises in the Top 20 Companies paying the largest budget.

In the ranking of the Top 10 steel - construction material companies with the largest budget contributions in Vietnam in 2025, Hoa Phat Group leads the list, far surpassing other companies in the same industry in the top.

Hoa Phat ranks in the Top 4 private enterprises paying the largest budget in Vietnam in 2025

Established in 1992, Hoa Phat Group operates in 5 fields: Iron and steel - Steel products - Agriculture - Real estate - Household appliances. Hoa Phat owns a diverse product ecosystem with outstanding products such as hot rolled steel coil, high quality steel, prestressed steel, steel pipes, galvanized iron, containers...

Hoa Phat ranked 14th among the companies that pay the largest budget in Vietnam in 2025

In the first 6 months of 2025, Hoa Phat Group contributed 7,100 billion VND to the budget in 20 provinces and cities across the country. Linking its development with the interests of the community, Hoa Phat actively carries out corporate social responsibility focusing on 4 main groups: Health - Education - Transportation and Community. Hoa Phat has implemented many charitable activities, notably building 1,500 houses for poor households in many localities and sponsoring more than 40 billion VND to build new schools in Binh Dong (Quang Ngai). The Group also donated water purifiers to schools, medical facilities, supported heart surgery for children, cared for orphans, etc.

Over the past 33 years, with steady and effective development, the Group's contribution to the State budget has been increasing. Hoa Phat has also been continuously honored in the most prestigious domestic and international rankings, such as: Largest private enterprise in Vietnam, Top 50 most effective listed enterprises, Top 30 largest tax-paying enterprises in the country, Strong brand, National brand, Top 100 largest companies in Southeast Asia.

See the PRIVATE 100 list here.

 

Source: https://www.hoaphat.com.vn/tin-tuc/hoa-phat-la-doanh-nghiep-thep-nop-ngan-sach-lon-nhat-viet-nam.html