VinMetal steel complex in Ha Tinh to receive 80 trillion VND investment

Vingroup is developing the VinMetal Ha Tinh steel complex in the Vung Ang Economic Zone, with a total investment of approximately 79,986.5 billion VND. Spanning roughly 460 hectares, the project is significantly larger than the Hoa Phat Dung Quat 2 complex.

The facility is designed to produce high-quality steel products, including hot-rolled coil (HRC), high-strength steel, and special alloy steels. These materials are intended for high-tech sectors such as electric vehicle manufacturing, energy, and high-speed transportation infrastructure, in addition to civil construction.

Primetals Technologies has been selected as the technology partner to integrate the entire production chain, from ironmaking and steelmaking to finished rolling. Once operational, the project is expected to create more than 5,000 jobs.