The list of the Top 10 steel and building material companies contributing the largest budget in Vietnam has been announced for the fiscal year 2024, with a total contribution exceeding 21 trillion VND, an increase of 43% compared to the previous year. Leading the list is Hoa Phat Group, which contributed over 13.4 trillion VND, the highest in the company’s history. In addition to Hoa Phat, other companies include Hoa Sen Group, Nam Kim, VAS Nghi Son, and VNSTEEL, with contributions ranging from 400 to 1.65 trillion VND. Alongside Hoa Phat, four other steel companies are also in the top 10 budget contributors. These building material companies have expanded their operations into various fields, creating large multi-industry conglomerates worth billions. CafeF has also announced plans to publish the PRIVATE 100 and VNTAX 200 lists based on budget contributions for 2025.
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