VNSTEEL - HANOI STEEL CORPORATION

VNSTEEL - HANOI STEEL CORPORATION (CÔNG TY CỔ PHẦN KIM KHÍ HÀ NỘI - VNSTEEL) is a major subsidiary of the state-owned Vietnam Steel Corporation, operating as a publicly held joint stock company with strong roots in Vietnam’s metal and construction materials supply chain. The company is officially registered under Tax Code: 0100100368, with its head office located at No. 20 Ton That Tung, Khuong Thuong Ward, Dong Da District, Ha Noi City, Vietnam.

Established on December 21, 2005, VNSTEEL - HANOI STEEL CORPORATION is listed on the UpCOM stock exchange under the ticker symbol HMG. With a workforce of 170 employees, the company distributes a wide range of steel and metal products. Also, it engages in metal forging, stamping, construction material retail, and manufacturing of structural metal parts. It maintains branch offices in Ho Chi Minh City, Hai Phong, and an additional location in Thanh Tri District, Hanoi, ensuring broad geographical coverage.

In 2024, VNSTEEL - HANOI STEEL CORPORATION reported total sales of USD 167.13 million, growing 1.42% year-over-year. Despite a slight decline in total assets by 3.52% to USD 15.99 million and a minor 2.27% drop in net profit to USD 464,346, the company maintained positive financials. Equity rose slightly to USD 4.41 million, and working capital stood at USD 3.84 million, reflecting stable liquidity. The consistent performance underscores the firm’s reliability within Vietnam’s heavy industry supply network.

The firm is chaired by Nguyen T. T. H., with Pham C. D. serving as General Director and Nguyen H. T. as Director. The majority shareholder is Vietnam Steel Corporation, which owns 89.37% of the charter capital.

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