Vietnam: leading basic material companies based on sales 2020| ��ƽ��

Leading companies in the basic materials sector based on sales in Vietnam in 2020 (in billion Vietnamese dong)

Characteristic	Sales in billion Vietnamese dong
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Release date

May 2020

More information

Region

Vietnam

Survey time period

2020

Special properties

includes chemicals (plastics, rubbers, fibers, pesticides), forestry (wood, paper), metals (steel), coal and minerals

Supplementary notes

One thousand Vietnamese dong equals 0.043 U.S. dollars and 0.039 euros (as of March 2020).

The source did not provide a date of publication. The date used here is the access date.

Citation formats

As of May 2020, Hoa Phat Group JSC was the leading chemical company in Vietnam with a sales value of about trillion Vietnamese dong, followed by Hoa Sen Group and Vietnam Steel Corporation. Hoa Phat Group JSC, Hoa Sen Group and Vietnam Steel Corporation generate most of its revenue from the production and distribution of steel.

Hoa Phat Group JSC

Hoa Phat Group JSC (HPG) is a private corporation in Vietnam which started as a trading company for construction machinery and has now become a multi-industry trading group. In 2019, HPG generated ** percent of its revenue from the sales of steel, reaching a gross profit of approximately trillion Vietnamese dong. In that year, the company has supplied *** million tons of all kinds of steel to the market including construction steel, steel pipes and galvanized iron sheets of all kinds. The company has a market share of **** percent for construction steel and **** percent for steel pipes.

Fossil fuels in Vietnam

Vietnam’s after-tax profit of the chemicals sector was **** trillion Vietnamese dong. The total export value of fossil fuels reached three billion U.S. dollars. In the Asia Pacific region, Vietnam ranks seventh in oil production as well as coal production. The leading oil and gas company is state-owned Vietnam Oil and Gas Group (PetroVietnam).