Vietnam
EnglishAmid the competitive steel market, VAS Group has firmly secured its position as one of the Top 3 Largest Steel Manufacturers in Vietnam. This achievement underscores its resilience and sustainable development strategy, which has made significant progress over the past 25 years of conquering both domestic and international markets.
On January 8th 2025, Vietnam Report Joint Stock Company, in collaboration with VietNamNet Newspaper, announced the VNR500 ranking of Vietnam’s 500 largest enterprises. In this prestigious ranking, VAS Group retained its position in the “Top 3 Largest Steel Manufacturers in Vietnam” while ranking 27th among the Top 500 largest private enterprises and 55th among the Top 500 largest enterprises in Vietnam. These impressive figures reflect not only a strategic vision but also the restless efforts of the Group to assert its position in both domestic and international steel markets.
VAS Group continues to maintain its position as one of the “Top 3 Largest Steel Manufacturers in Vietnam” [Photo: VNR500, 2024]
VAS Group Fulfills the Role of a Leading Enterprise in the Construction Material Industry
Since its founding, VAS Group has aimed to build a foundation for sustainable development based on a circular economy model and a “Green, Clean” orientation. This pioneering mindset has helped VAS become one of the first steel companies in Vietnam to achieve international EPD certification, with CO2 emissions below 750 kg/ton – comparable to the standards of leading European steel mills. This certification showcases VAS' strong commitment to environmental protection.
VAS Group's steel production ecosystem spans Vietnam’s three regions: North, Central, and South – with an exceptional production capacity of 4.35 million tons of billets and 2.5 million tons of construction steel annually. Notably, its five steel mills, along with the Nghi Son International Port and the Nghi Son Port Logistics Area, serve as crucial links in a closed and sustainable VAS ecosystem aligned with its production and business strategies.
The five steel plants, together with the Nghi Son Port Logistics Area, enable the Group to execute its business strategies and promptly meet market demands
In addition, VAS Group's subsidiaries continue to enhance their capabilities to maximize regional strengths. Continuous product, technology, and service innovations are being implemented to flexibly adapt to the challenges of both domestic and international markets while meeting increasingly high consumer demands.
VAS also invests in state-of-the-art production lines from Danieli [Italy], using induction furnaces that do not consume diesel or coal. This technology not only boosts production efficiency but also reduces CO2 emissions by over 40% compared to traditional steelmaking methods, allowing VAS’s green Steel products to meet strict international standards from Japan [JIS], the UK [BS4449], the US [ASTM, SAE, J403], and Australia [ACRS].
Bold Spirit Realizing the Aspiration to “Vietnam Advance Spirit”
Throughout its development journey, VAS Group has steadfastly pursued continuous innovation to deliver superior-quality products. VAS green Steel has been chosen for numerous national key projects, including the North-South Expressway, Hai Phong City Political-Administrative Center, Long Thanh International Airport, Tan Son Nhat Terminal 3, Hoa Binh Hydropower Plant, Duong River Bridge, and the 500KV Circuit 3 Power Line.... These projects embody a strong national spirit, provide long-term societal benefits, and contribute to the country’s sustainable development.
Beyond conquering the domestic market, VAS green Steel has expanded to over 15 countries, including South Korea, Cambodia, Singapore, Indonesia, Malaysia, the Philippines, China, Cuba, Guatemala, and even well-known strict markets such as Japan, the US, and Europe [Belgium], showcasing the brand’s boldness and strategic vision.
VAS steel products continue to conquer strict markets such as Japan, the United States, and Europe [Belgium]...
The title “Top 3 Largest Steel Manufacturers in Vietnam” is a well-deserved recognition of VAS Group’s efforts, affirming its pioneering role in developing Vietnam’s steel industry. In the future, with the aspiration to “Vietnam Advance Spirit”, VAS Group will continue to innovate, enhance product quality, and expand its market reach. VAS is committed to contributing to the sustainable development of the country and its communities, furthering the proud legacy of Vietnam’s steel industry, and creating lifelong value for future generations.
By VAS
