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Image: Hoa Phat Chairman Tran Dinh Long Net Worth Expected to Double to $5 Billion as Steel Business Booms

Hoa Phat Chairman Tran Dinh Long Net Worth Expected to Double to $5 Billion as Steel Business Booms

Vietnam's richest man Trần Đình Long, Chairman of Hoà Phát Group, is on track to see his net worth double to $5 billion as the steel tycoon's flagship company benefits from a resurgence in the industry.

Image: Steel industry woes may last until mid-2023

Steel industry woes may last until mid-2023

HCMC – Steel output and consumption have plunged in recent months, and the situation is predicted to linger until the second quarter of next year. The Vietnam Steel Association said in its latest report that output of finished steel products in October had slid 16.38% month-on-month and 28.7%