Hoa Phat Group is included in the list. (Photo: VNA)
Hanoi (VNA) –The Vietnam Report JSC on March 24 announced top 10 construction materialcompanies of Vietnam in 2023.
The companies are HoaPhat Group, Vicostone JSC, Viglacera Corporation, HoaSen Group, An Cuong Wood – Working JSC, Tien Phong Plastic JSC, Binh MinhPlastic JSC, Vicem Ha Tien Cement JSC, Siam City Cement Vietnam Ltd., and Eurowindow JSC.
The list was based on VietnamReport’s independent research.
Businesses arefiltered out from the database in Vietnam Report's ranking studies in theconstruction industry with financial data updated to December 31, 2022, incombination with the use of Media Coding method and surveys, giving the mostcomprehensive, objective and complete assessments of the businesses during the recent period.
Two years after theCOVID-19 pandemic, amid unpredictable fluctuations, construction materialsenterprises are still trying to adapt to new conditions, improve resilience andcompetitiveness to rise stronger in the future.
Vietnam Report GeneralDirector Vu Dang Vinh said that all businesses in the construction materialsector engaged in the survey said that they have improved their recoverycapacity to counter interruption events in the future. Of which, 27.3% saidthat they have completed the process, 54.5% are in the process of improvement,and 18.2% are at the planning stage. Compared to the 2020-2021 period, althoughthe proportion of enterprises in the planning stage decreased, the proportionof enterprises in the process of improvement doubled, he noted.
Vinh said that domesticenterprises are gradually building and implementingresilience-enhancing solutions to minimise the impact of risk by havingcontingency plans in place and being able to adapt to constant changes of themarket as well as seize the new opportunities that the disruption creates.
The Vietnam Reportalso announced lists of top enterprises in particular construction materialssuch as iron, steel and corrugated iron; tiles, paving stones; doors, and roomdividers./.
Despite expectations that the demand for iron and steel will rise due to the government's efforts to reduce supply by disbursing public investment, removing funding for key projects or focusing on social housing projects, the cost of construction materials remains stubbornly high.
The Vietbuild Hanoi 2023 exhibition officially kicked off at the National Architectural Planning & Construction Exhibition Centre on March 15, featuring the latest construction materials, technologies, and interior and exterior decor products, and real estate products.
The price of construction steel is on the rise despite the fact that the demand for this type of construction material remains weak, insiders have said.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Hoa Phat Group is included in the list. (Photo: VNA) 
