03/05/2024 at 15:22 (GMT+7)
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Hoanh Son Group joint Stock Company Journey to reach new Heights

After more than 30 years of establishment, Hoanh Son Group Joint Stock Company (Hoanh Son Group) has developed into a large corporation with multi -industrial operations, and has made important contributions to the socio -economic development of the locality and to creating jobs for thousands of workers, making positive contributions to social security activities.

The shipping fleet of Hoanh Son Group

Promoting production and business

Hoanh Son Group Joint Stock Company (Hoanh Son Group) is formerly a private enterprise established in 1991 by Ms. Tran Thi Luc who is a teacher (the mother of General Director Pham Hoanh Son now). At that time, Mrs. Luc’s enterprise specialized in trading construction materials, agricultural products and agricultural fertilizers. After a while, Mrs. Luc transferred the enterprise to her son Pham Hoanh Son to manage it. In 2003, Hoanh Son operated in the fields of transportation services, trading of construction materials and trading of agricultural services. From a business with only more than 10 employees, with the revenue of only a few hundred million VND/year, after only a short time, Hoanh Son enterprise quickly asserted its position, with the investment orientations of deploying the entire transport service system throughout the central provinces in terms of transportation services, construction materials, trading of fertilizer, food, agricultural products...

In 2011, Hoanh Son made a breakthrough change with its new name Hoanh Son Group Joint Stock Company (Hoanh Son Group., JSC). Not only doing business in the field of transportation services, fertilizer, food, agricultural products, Hoanh Son Group has also expanded to other areas such as mining; design consultancy; supervision consultancy; experiments, evaluation; building and trading agricultural and forestry products ... with the goal of becoming a strong multi-sector economic corporation.

 Over 22 years of operation with the development strategy under the model of “Multi -industry - Multi-field”, Hoanh Son Group has invested in expanding the scale of operations in all fields of commercial and transportation business,... to become one of the strong private economic groups of the Central region. In recent years, besides stable operations in the field of transport business, in the field of investment in construction of projects, Hoanh Son Group has been investing in many key projects in the fields such as seaports, renewable energy, housing, urban area ...

The solar power plant in Cam Hoa commune, Cam Xuyen district was put into effective operation in 2019

 The year 2011 is considered an important milestone for Hoanh Son Group’s business activities when many construction projects came into operation. Among them, a typical water supply project for Vung Ang Economic Zone completed the phase 1 with an investment capital of up to 4,500 billion VND. This is an important project contributing to the role of water supply for all activities of Vung Ang Economic Zone. Hoanh Son Group has been implementing many large projects such as: Construction of an international general port of Vung Ang deep-water port; Solar power plant project in Cam Hoa commune, Cam Xuyen district; Hoanh Son commercial center and service hotel project in Vinh city, Nghe An, Cong Khanh 2 industrial cluster project, phase 1 in Dau Lieu ward, Hong Linh town.

 National Assembly Chairman Vuong Dinh Hue attended the ribbon cutting ceremony of the brewery jointly invested by Hoanh Son Group in Hong Linh town, Ha Tinh

In 2022, Hoanh Son Group officially put into operation of Hanoi - Nghe Tinh Beer Factory, with a capacity of 50 million liters/year with a total investment of over 1,400 billion VND. The factory went into operation, its products are of high quality and welcome by many customers. In addition, Hoanh Son Group is also preparing to implement many other projects in Ha Tinh, Quang Tri, Nghe An and Laos.

Not only investing in production, business, trade and services, in 2021, Hoanh Son Group has “encroached” into the field of football. Accordingly, the Group was assigned by the People's Committee of Ha Tinh Province to undertake and sign the transfer of shares of the football team from Hong Linh Ha Tinh Football Joint Stock Company to Hoanh Son Group Joint Stock Company to operate, in order to create favorable conditions for developing the home province’s football team. At the end of the 2023 season, Hong Linh Ha Tinh Football Club is in the Top 8 strongest teams of V.League. The club has been honored by the Vietnam Football Federation and the Organizing Committee in many prestigious award categories.

All equipment of the factory is designed, manufactured and installed by Krones AG (Germany) according to EU standards, applying automatic production processes based on 4.0 technology

Creating many jobs for workers and contributing to the social security

Starting from a small private enterprise with nearly 10 officers and workers, with the revenue of several hundred million VND/year, up to now, Hoanh Son Group Joint Stock Company has grown to include 5 subsidiaries, becoming a strong brand nationwide with nearly 8,500 employees, the capital scale increased up to 25,000 billion VND. In 2023, although the general economic context was still difficult, Hoanh Son Group's revenue still reached over 15 trillion VND, with the profit of over 600 billion VND, the payment to the state budget over 300 billion VND, and total asset value of over 1 billion USD. With the aspirations and efforts to constantly develop, Hoanh Son is striving to become a leading multi-industry economic group in many fields in the Central region and the whole country.

Chairman of the Board of Directors of Hoanh Son Group Joint Stock Company Pham Hoanh Son once said: “We always follow the business criteria: Quality creates a brand, always successfully applied from Technology 4.0 and Digital Technology.  That factor itself has helped us develop positively in many fields.  Since our founding until now, we have continuously searched and researched new, unique, high quality products with the most reasonable prices for our customers.”

Mr. Tran Quang Thuong - Deputy General Director of Hoanh Son Group Joint Stock Company said that, with the motto “Developing production and business associated with social responsibility”, in recent years, Hoanh Son Group Joint Stock Company has contributed dozens of billion VND for social security work. Especially during the Covid - 19 epidemic, Hoanh Son Group Joint Stock Company supported medical equipment, ambulances and cash for Ha Tinh Province with a total value of more than 5 billion VND.

 Standing Vice Chairman of the People’s Council of Ha Tinh province, Tran Tu Anh, said: Hoanh Son Group is a private enterprise that always does business with prestige and efficiency, because Hoanh Son knows how to grasp the times and take advantage of the opportunity of investment. Right from the early days when the province started building Vung Ang Economic Zone, Vung Ang Deep Water Port, to Son Duong Formosa Port, Hoanh Son has dared to boldly invest tens of thousands of billions to promptly build essential projects, quickly, compactly and effectively and sustainably. In particular, Hoanh Son’s capital flow is always guaranteed and stable for production, business and development.

With outstanding results in business activities and social security, Hoanh Son has received many noble awards such as: Excellent emulation flag, certificate of merit by the Prime Minister; “Vietnam golden star” award and in the Top 200 Vietnamese Brands, Top 10 “Typical Brands - Trademarks in the Construction Industry”, Top 10 Typical Vietnamese Intellectual Businessmen, Business for the Community Cup...

    By Anh Binh – Trong Thang

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