CafeF has announced the Top 10 steel and construction material companies contributing the largest to the Vietnamese budget for the fiscal year 2024. The total budget contribution of this group reached over 21 trillion VND, an increase of 43% compared to the previous year. Leading the list is Hoa Phat Group with a record contribution of 13.4 trillion VND, increasing by 48% year-on-year, and is one of four private enterprises contributing over 10 trillion VND. Hoa Phat contributed 7.1 trillion VND in just the first six months of 2025. In addition to Hoa Phat, the list also includes Hoa Sen Group, Nam Kim, and VNSTEEL. Other companies such as Vicem, Viglacera, and DNP Holding contributed between 400-1,000 billion VND. This honor roll not only recognizes the significant contributions of enterprises to the budget but also reflects the robust development of the construction materials industry in Vietnam.
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