July 29, 2026 | 06:10

Ha Tinh approves detailed plan for $3bln steel plant

Nguyễn Thuấn

Invested in by VinMetal Manufacturing and Trading Joint Stock Company, the project covering 460ha in Vung Ang Economic Zone.

Ha Tinh approves detailed plan for $3bln steel plant
A graphic design of the project. - (Source: Ha Tinh province's portal)

The Economic Zone Management Authority of central Ha Tinh province has approved a  detailed plan for the VinMetal Ha Tinh Steel Manufacturing Plant, covering nearly 460 hectares in Vung Ang Economic Zone.

The project has a total investment of nearly VND80 trillion (approximately $3 billion).

The project is planned as a modern, integrated steel production complex featuring a full range of functional facilities, including raw material handling areas, coke production, ironmaking and steelmaking plants, steel rolling and hot-rolling facilities, a thermal power plant, lime and cement production facilities, finished-product warehouses, slag treatment areas, technical infrastructure and an administrative office complex.

The project was granted an investment registration certificate on February 27, 2026. The investor is VinMetal Manufacturing and Trading Joint Stock Company, a steel manufacturing subsidiary established by Vingroup.

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