POMINA FLAT STEEL JOINT STOCK COMPANY

POMINA FLAT STEEL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TÔN POMINA), commonly known as TÔN POMINA, is a privately held Vietnamese flat steel company operating in a segment that rises and falls with construction demand, infrastructure spending, and regional steel pricing. The company is registered under Business ID 3502343038, with its head office located at Phu My 1 Industrial Park, Phu My Ward, Ho Chi Minh City, Vietnam, and it has been active since 24 Aug 2017, giving it over eight years of operating history in a highly cyclical industry. 

Legal Profile, Capital Base, and Governance Signals

Pomina Flat Steel is structured as a joint stock company and is privately held. Its charter capital is reported at USD 49,299,536, and the paid up capital is also reported at USD 49,299,536 as of 31 Dec 2024. The company reports 400 employees, which indicates an industrial scale footprint rather than a trading only structure. 

The company is led by General Director Pham Van Truong and the report identifies Nguyen Khac Hai as Chief Financial Officer. In heavy industry, leadership clarity matters because downturn survival usually depends on cash discipline, procurement control, and creditor management more than revenue growth.

What the Company Actually Does in the Steel Value Chain

Pomina Flat Steel focuses on manufacturing and trading types of steel sheets, placing it in the downstream flat steel segment serving construction, fabrication, industrial projects, and manufacturing supply chains. The report also lists registered activities that support an industrial steel business, including manufacturing iron and steel, wholesale of metals and metal ores, and several metal processing and fabrication related categories. This profile signals an operator built around industrial throughput, not a niche specialty producer.

The company location in Phu My 1 Industrial Park is strategically relevant because industrial parks in port linked regions typically support heavy manufacturing through access to logistics, suppliers, and regional distribution corridors. Location helps, but it does not eliminate the fundamental exposure to construction cycles and regional pricing pressure.

Vietnam Flat Steel Market and Why It Matters to the Economy

Vietnam steel demand is closely tied to the real economy. When residential construction slows, when public infrastructure disbursement is delayed, or when manufacturing investment weakens, the flat steel segment is usually among the first to feel margin compression. Steel sheets compete in a market where buyers prioritize price, delivery reliability, and credit terms, and suppliers often absorb the volatility through inventory risk and receivables cycles.

For readers trying to understand Vietnam industrial economy through a single company, Pomina Flat Steel is a useful window. It shows how industrial growth is not just about capacity, but about working capital discipline and the ability to navigate demand shocks without destabilizing the balance sheet.

Global and Southeast Asia Demand Context for Flat Steel

Globally, flat steel demand is driven by construction, infrastructure, machinery, and manufacturing output. In Southeast Asia, long term fundamentals such as urbanization and industrial expansion support baseline demand, but the region is also prone to oversupply cycles, imported competition, and price volatility driven by global commodity movements.

This matters because Vietnam is not isolated. Regional supply flows can quickly influence domestic pricing, and industrial steel producers often compete against imported products during weak demand periods. In downturn conditions, the companies that remain stable are typically those with stronger liquidity buffers, better creditor terms, and disciplined inventory management.

VNBIS Insight and How to Access the Full Report

This overview is designed to educate readers about POMINA FLAT STEEL JOINT STOCK COMPANY, Vietnam flat steel sector, and the Southeast Asia steel demand cycle, while intentionally leaving out deeper layers such as creditor exposure, debt terms, related party risk, asset quality, and counterparty concentration.

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