one of the leading private groups in Vietnam for industrialproduction. Starting with a construction machine trading company inAug, 1992. Hoa Phat has gradually extended its business to tradingand manufacturing of Furniture (1995), Steel pipe (1996), Steel(2000), Refrigeration (2001), Real estate (2001). In 2001, suchbusinesses were restructured into a Group, in which Hoa Phat GroupJoint Stock Company is the parent company and each of thesubsidiaries is in charge of one or several relevant businesses. On15th, Nov 2007, Hoa Phat was officially listed on Ho Chi Minh StockExchange as “HPG”.With the vision to become the leading industrial production groupof Vietnam, operating diversified with the strong fields includingsteel production, traditional industries and real estate. HoaPhat Group has the annual revenue of USD 900 million and isexpected to increase to USD 1.2 billion by 2014.