The Hoa Phat Dung Quat 2 Steel Production Complex, with a total investment of 85 trillion VND and a scale of 280 hectares, promises significant contributions to Vietnam’s steel industry. The company’s Deputy Director confirmed that the blast furnace with a large volume of 2,500 m³ will increase productivity, save energy, and reduce CO2 emissions through advanced technology. The project is invested beyond environmental protection standards, committing to sustainable development. When completed, it is expected to produce 5.6 million tons of hot-rolled steel annually, raising Hoa Phat’s total production capacity to 14.5 million tons per year, creating 8,000 new jobs. This positions Hoa Phat as one of the leading steel producers in the region, affirming its status on the international stage.
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