Hoa Phat exports steel cords to Malaysia for first time
The Hoa Phat Group has exported two containers of steel cords to Malaysia for the first time after winning markets in the US, Canada, the Republic of Korea, and Laos.
Hanoi (VNA) – The Hoa Phat Group has exported twocontainers of steel cords to Malaysia for the first time after winning marketsin the US, Canada, the Republic of Korea, and Laos.
Deputy Director of the Hoa Phat Equipment & AccessoriesCo., Ltd Vu Thi Anh Tuyet said this first batch will open up opportunities forthe company to receive more orders.
Earlier, Hoa Phat mostly shipped construction steel andsteel pipes to Malaysia.
Its products have beenrecognised by the Vietnam Certification Centre for meeting the standards of the AmericanSociety for Testing and Materials, the British Standards Institution, and the Japan Industrial Standards Committee.
Last year, steel cord exportsbrought the group a revenue of over 6 million USD.
Since late 2018, Hoa Phatimported production line equipment to manufacture galvanised steel cord todouble its capacity.
In September 2019, the secondstage of the plant will go into operation. –VNA
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Illustrative image (Photo: VNA) 
