3 Billion-Dollar Enterprises Building Wealth in the Land of Hùng Vương

Phu Tho, a land rich in heritage, is home to three publicly listed companies with market values nearing 1,000 billion VND: Lam Thao Superphosphate and Chemical Joint Stock Company (LAS), Viet Tri Chemical Joint Stock Company (HVT), and CMC Corporation (CVT).

LAS, operating since 1962, specializes in fertilizer production with a market capitalization of 1,715 billion VND. In 2024, LAS reported revenue of 3,466 billion VND and a profit of 169 billion VND, after years of recovery.

HVT, established in 1959, produces caustic soda and chlorine, with a market capitalization of 1,033 billion VND. In 2024, revenue reached 1,451 billion VND and profit was 85 billion VND, showing strong growth compared to the previous year.

CVT, operating since 1958, focuses on tiles and construction materials, with a market capitalization nearing 1,015 billion VND. In 2024, revenue decreased by 7% to 1,712 billion VND, while profit increased by 47% to 60 billion VND.

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