Vietnamese steel magnate is building the largest steel plant in Southeast Asia.

Mr. Chen, the Vietnamese steel magnate ranked1400th in Forbes' list of the world's richest people this year, recently said in an interview with the media that his group is investing in the first phase of the steel plant in Yeongju Port in central Vietnam, which will be completed four years later. This is the largest steel plant in Vietnam and the largest steel plant in Southeast Asia. The second phase of investment is also under planning, with a total investment of 2 billion US dollars and an annual output of 5 million tons of hot rolled steel. In 2020, the sales volume of hot rolled steel in Vietnam will be 6.5438+0.2 million tons, with an annual growth rate of 8% to 654.38+00%. At present, the factory of Hefa Group and FORMASA factory of Formosa Plastics can only provide 8 million tons of hot rolled steel. Even if the second phase of Hefa Group's factory in Rongju Port is completed, the market gap of hot rolled steel is still very large. Hefa Group has a special wharf in Rongju Port that can accept 200,000 tons of ships, and cooperates with four famous iron ore suppliers in the world. Imported iron ore raw materials can be 3 to 5 dollars lower than the market per ton. Hefa Group currently has 25,000 employees and 50,000 shareholders, and pays 7 trillion rupiah (about 65.438+95 billion yuan) to the state finance every year. Hefa Group plans to produce 8 million tons of crude steel in 20021year. Now Vietnam Hefa Group is one of the top 50 steel groups in the world. When talking about the successful experience, Chen said, first of all, Hefa Group is investing in the right direction, firmly investing in long-term projects and not doing quick success. Second, correctly predict the market demand and concentrate on the development of products needed by the market. Only pay attention to steel, not real estate, not diversification. Third, I met a good opportunity for Vietnam's domestic economy to take off. Last year, the Vietnamese government not only successfully fought the COVID-19 epidemic, but also achieved rapid economic growth and the smooth implementation of the "two goals". The government has increased investment in infrastructure, and the banking and financial industries have increased their efforts to support the real economy. Therefore, the active infrastructure and real estate market has greatly stimulated the demand for steel, and Hefa Group has just met a good opportunity for development.