Hoa Phat paid 7,400 billion VND to the budget in 6 months

In the first six months of 2024, Hoa Phat Group paid VND 7,400 billion to the State budget. Of which, the member companies with the highest budget contributions are Hoa Phat Dung Quat Steel, Hoa Phat Hai Duong Steel, Hoa Phat Steel Pipe, Household Electrical Appliances, Hoa Phat Construction & Urban Development.

Hoa Phat paid 7,400 billion VND to the budget in 6 months

The total amount of taxes and fees paid by Hoa Phat Dung Quat Steel Company, including import VAT, import-export tax, domestic tax, etc., reached over VND 5,100 billion and was the company that contributed the most among the members of the Group.

With more than 720 billion VND, Hoa Phat Hai Duong Steel ranked 2nd among Hoa Phat companies with the highest budget contribution in 6 months.

Some member companies of the Group have large contributions to the State budget, including: Hoa Phat Steel Pipe, Hoa Phat Household Appliances, Hoa Phat Urban Construction and Development, Hoa Phat Hung Yen Steel, Hoa Phat Steel Sheet...

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 ecosystem of high-quality products. The Group's prominent steel products are construction steel, hot-rolled steel coils, high-quality steel, prestressed steel, steel pipes, galvanized steel, containers. In the household appliances industry, Hoa Phat has a series of products such as freezers, air conditioners, refrigerators, water purifiers, washing machines, dishwashers, induction cookers, coolers, etc.

The Group is operating and contributing to the state budget in 26 provinces and cities across the country. Linking its development with the interests of the community, Hoa Phat actively implements its corporate social responsibility focusing on 4 main groups: Health - Education - Transportation and Community.

In the first half of 2024, Hoa Phat has implemented many charity and social programs such as building 300 charity houses in Tra Vinh, bringing clean water to the community - donating more than 300 water purifiers to schools and medical facilities nationwide, starting construction of Binh Dong Primary School project in Binh Son district, Quang Ngai. Hoa Phat Group continues to implement annual programs such as "Heartbeat of Love" - ​​sponsoring heart surgery for children in less fortunate circumstances, "Godmother" - supporting monthly food expenses for orphans...

From 2007, the time when Hoa Phat started listing on the stock market until June 30, 2024, Hoa Phat has paid over 81,600 billion VND to the State Budget.

Over the past 32 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 rankings, typically: Largest private enterprise in Vietnam, Top 50 most effective listed enterprises, Top 50 largest tax-paying enterprises in the country, Strong brand, National brand...

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