Vietnam
EnglishVAS Group proudly reaffirms its leadership in the steel industry by securing its Top 3 ranking among Vietnam’s largest steel enterprises and marking its fourth consecutive presence in VNR500 – Vietnam’s Top 500 Largest Enterprises. This achievement reflects VAS’s long-term vision, enduring strength, and unwavering commitment to creating sustainable value throughout its development journey.
Making an Impact Amid Market Volatility
The year 2025 continues to present significant challenges for the steel market, with fluctuations in raw material prices, competitive pressures, and global economic uncertainties. Despite these dynamics, VAS has maintained stable growth, demonstrating resilience and adaptability as one of Vietnam’s leading steel producers.
Holding a Top 3 position for consecutive years is a testament to VAS’s consistency—from its sustainable Green Steel strategy to execution excellence across all subsidiaries. Every efficient production line, every plant maintaining steady output, and every VASer upholding responsibility collectively form the strength that drives VAS forward.
The Mark of Green Steel and Human Capital
Recognition from VNR500 underscores VAS’s operational scale and its stature in sustainable development. Guided by its Green Steel strategy, VAS continues to invest in advanced steelmaking technologies, upgrade management systems, optimize energy use, and promote ESG initiatives aligned with global trends.
VAS Green factory at Thanh Hoa
At the heart of this success is a workforce of over 5,000 dedicated professionals—the “steel links” that create a strong, unified chain—propelling VAS to stand alongside Vietnam’s leading enterprises.
A Symbol of Strength, Trust, and Vietnamese Spirit
VNR500 in 2025 stands as a hallmark of modern Vietnamese enterprise resilience, where VAS’s “steel spirit” is forged from collective determination. This achievement also reflects the trust of customers, partners, and the market in VAS Green Steel—a brand that embodies Vietnamese pride and has conquered more than 15 markets, including the United States, Japan, Belgium, and the United Kingdom. VAS is honored to be the first and only Vietnamese member of the World Steel Association (Worldsteel).
This strong foundation enables VAS to expand operations, enhance product quality, raise production standards, and leave its mark on major national projects such as Long Thanh International Airport, the North–South Expressway, APEC Conference Center in Phu Quoc, Tu Lien Bridge, Hai Phong Administrative Center, the 500kV Lao Cai–Vinh Yen transmission line, and Ho Chi Minh City’s Ring Road 3.
Stepping Confidently Toward the Future
Reflecting on its journey, VAS takes pride in the VNR500 recognition—a symbol of trust, resilience, and Vietnamese spirit. Yet, VAS understands that the road ahead demands steadfast commitment to its Green Steel mission—continuing to deliver business efficiency, affirm Vietnam’s steel industry on the global map, protect the environment, and spread humanistic values.
With a solid foundation, burning ambition, and pioneering spirit, VAS Group will keep moving forward—toward greater, more sustainable success—for the prosperity of the Group and a thriving Vietnam.
From VAS
