Mr. Tran Dinh Long, Chairman of Hoa Phat Group, stands out with cautious business strategies, affirming the importance of the domestic market. Hoa Phat aims to maintain its export ratio below 20% of revenue, although 2024 saw a record of 31% due to market conditions. Long believes in the responsibility and significant opportunity for domestic production protection. General Secretary To Lam emphasized the importance of national interests, revealing that support policies for private enterprises are becoming robust. Hoa Phat plans to increase its revenue target from VND 150 trillion to VND 170 trillion for 2025, supported by large public investment projects from the government, such as high-speed railways, which will boost steel demand. Long is confident in Hoa Phat’s sustainable development through strategies and policy support.
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