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Friday, February 6, 2026

Hoa Phat breaks ground on Dong Phuc Industrial Park in Bac Ninh

The Saigon Times

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HCMC – Hoa Phat Group Joint Stock Company (HOSE: HPG) on February 5 broke ground on the Dong Phuc Industrial Park infrastructure investment and development project in the northern province of Bac Ninh.

The project covers nearly 355 hectares, with total investment capital of more than VND3.73 trillion, and is planned as a multi-sector industrial park with a development orientation toward green and sustainable industry.

Dong Phuc Industrial Park is located in Dong Viet Commune and Canh Thuy Ward, along the Nanning–Lang Son–Hanoi–Haiphong–Quang Ninh economic corridor. The site is around 40 kilometers from central Hanoi, 45 kilometers from Noi Bai International Airport, 60 kilometers from Dinh Vu Port in Haiphong, and 80 kilometers from Cai Lan Port.

The industrial park is also about 20 kilometers from Gia Binh International Airport, which is under investment and expected to be put into operation in the coming time.

According to the approved plan, Dong Phuc Industrial Park has a total area of 354.6 hectares and an operating term of 50 years, from 2025 to 2075. Infrastructure construction items are being accelerated to enable early land handover.

Closing the trading session today, February 5, HPG shares closed at VND27,550 each, down VND750 or 2.65%, with nearly 32.9 million shares changing hands, valuing Hoa Phat Group at about VND211.5 trillion.

The VN-Index fell 8.87 points, or 0.5%, to close at 1,782.56, with 84 gainers and 254 decliners. Total trading volume reached nearly 739.9 million shares, with a value of VND26.11 trillion, down 29.8% in volume and more than 23% in value from the previous session. Block deals accounted for over 36.6 million shares valued at VND1.8 trillion.

The VN30 basket dropped nearly 19 points, as 23 stocks declined and six advanced. VIC and VHM both rose to their ceiling prices, contributing a combined 21 points to the index. VRE gained 1.9%, while VPL edged up 0.6%.

Most other blue-chip stocks extended losses, led by PLX, GVR, MSN and VNM.

On the sector front, real estate stocks outperformed, supported mainly by Vingroup-related shares, while other sectors mostly declined. Banking stocks weakened broadly, with SHB recording the highest trading volume in the market.

Steel and securities stocks saw no gainers. HPG posted the highest liquidity in the steel sector but closed down 2.7% despite net foreign buying.

On the HNX, the HNX-Index dropped 2.91 points, or 1.09%, to 263.04, with 49 advancers and 100 decliners. Total trading volume reached nearly 98.6 million shares worth VND2.21 trillion.

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