With USD 176 million—equivalent to over VND 4.5 trillion—contributed to the state budget in the first eight months of 2026, Formosa Ha Tinh continues to affirm its role as the largest FDI enterprise in the province.
With a total investment capital of over USD 12.8 billion, the Son Duong Iron and Steel Complex and Deepwater Port of Formosa Ha Tinh Steel Corporation is the largest FDI project in Ha Tinh Province.
The project comprises three main components: an integrated steel plant, Son Duong Port, and a power plant, covering a total area of 3,318 hectares.
Thanks to maintaining stable production operations, the company has consistently made significant contributions to the province’s economic growth, budget revenue, and local job creation over the past years.
In the first eight months of 2026, the company's steel billet output reached over 4.29 million tons, with steel product sales exceeding 4.14 million tons and revenue amounting to USD 2.25 billion (over VND 58.5 trillion).
The company contributed approximately USD 176 million (equivalent to over VND 4.5 trillion) to the state budget.
With a designed capacity of 30 million tons per year, featuring 14 berths, 22 handling cranes, and a 5.2-kilometer breakwater, Son Duong Deepwater Port continues to play a vital role in transporting goods and raw materials for production and product consumption.
In the first eight months of 2026, the port welcomed 701 vessel arrivals, with cargo throughput reaching approximately 18.03 million tons.
As an integrated steel plant, it has very high requirements for a stable power supply. Therefore, Formosa Ha Tinh planned and constructed an on-site power plant consisting of three coal-fired units with a total capacity of 450 MW and two gas-fired units with a total capacity of 200 MW, bringing the total power generation capacity to 650 MW..
In the first eight months of 2026, the total power generated reached approximately 2.61 million MWh, satisfying the operational needs of the complex and supplementing supply to the national grid.
With USD 176 million—equivalent to over VND 4.5 trillion—contributed to the state budget in the first eight months of 2026, Formosa Ha Tinh continues to affirm its role as the largest F
