HCMC – Hoa Phat Steel Pipe Company, a subsidiary of Hoa Phat Group (HOSE: HPG) has signed a contract to supply more than 1,800 tons of steel pipes to Dai Dung Corporation (DDC) for the APEC 2027 conference center on Phu Quoc Island off the Mekong Delta province of An Giang.
The order includes large round black steel pipes with diameters from 141.3 mm to 323.8 mm. The products meet European standard EN 10219-1:2006 S355JR, with a minimum yield strength of 355 MPa, and will be used for load-bearing structures.
A DDC representative said the company continued to choose Hoa Phat pipes after their previous cooperation on the National Exhibition and Convention Center project. He said the products meet international standards and are delivered on schedule.
Hoa Phat is Vietnam’s largest steel pipe producer, with an annual capacity of 1.2 million tons. The company operates under ISO 9001:2015 and ISO 14001:2015 and supplies products meeting standards such as ASTM A500 Grade B, BS 1387/1985, BSEN 10255, and ASTM A53.
Hoa Phat steel pipes have been used in several major projects, including the National Exhibition and Convention Center, Tan Son Nhat International Airport’s Terminal 3, Long Thanh International Airport, and other transport and industrial developments.
The APEC 2027 conference center has an investment of more than VND51 trillion and covers 57 hectares in An Thoi Ward, Phu Quoc. The project includes a 10,000-square-meter conference and exhibition center, an international press center, and a high-rise hotel and duty-free commercial complex.
Closing the trading session today, November 14, HPG edged up 1.32% to VND26,900, with over 22.1 million shares changing hands.
Vietnam’s benchmark VN-Index closed higher on Friday as liquidity improved and large-cap stocks moved in different directions. The index gained 4.02 points, or 0.25%, to 1,635.46, with 153 winners and 138 losers. Trading volume reached 703.9 million shares worth VND20.8 trillion, up more than 4% in volume but down nearly 2% in value from the previous session. Block deals contributed over 54 million shares valued at VND2.65 trillion.
The VN-Index added 36.36 points, or 2.27%, for the week.
Bluechips were mixed, with most price changes remaining narrow. LPB rose more than 2% to VND49,900. FPT, HPG, VNM and MWG increased by around 1.5%. On the downside, MSN and STB slipped slightly above 1%.
SHB took the lead by liquidity with 62.8 million shares traded and closed at its reference price of VND16,350.
Mid-cap and small-cap stocks also saw divergence. NVL, C32, HID and HAG hit their ceiling prices. HAG reported 38.2 million shares traded and NVL 22.4 million.
Some real estate and construction stocks, including CRE, CII, CKG and HDG, gained between 2% and more than 4% on active trading.
Among securities stocks, TCX rose more than 3% to VND44,100 with 2.66 million shares traded, while VIX advanced 3.2% to VND25,800 and became the second most traded stock on the exchange with 47.7 million shares.
On the Hanoi Stock Exchange, the HNX-Index ended up 1.32 points, or 0.5%, at 267.61, with 73 advancers and 75 decliners. Matching volume reached 82.9 million shares worth VND1.81 trillion.
