What is the latest status of the project “Dung Quat 2 Steel Complex Expansion”?

The status recorded for “Dung Quat 2 Steel Complex Expansion” is Under Construction.

What is the budget and commercial profile for the project “Dung Quat 2 Steel Complex Expansion”?

Taiyo normalizes the budget of “Dung Quat 2 Steel Complex Expansion” to USD 3621000.

Where can I verify the source and access all details for “Dung Quat 2 Steel Complex Expansion”?

This Taiyo project page references The Business Times along with the original URL (http://www.businesstimes.com.sg/international/asean/local-building-boom-will-fuel-growth-says-top-vietnam-steelmaker). Taiyo standardizes official data into a consistent, searchable project profile.

Dung Quat 2 Steel Complex Expansion

Sector: Steel • Location: Quang Ngai, Vietnam

Source: The Business Times

Project

Under Construction

Hoa Phat Group plans to complete its Dung Quat 2 steel complex by the end of 2025, increasing its steel production capacity from 11.3 million tonnes to 15 million tonnes per year, including 8.6 million tonnes of hot-rolled coil steel. The plant aims to reduce production costs and enhance competitiveness.

Status: Under Construction
Sector: Steel, Commercial, Manufacturing (Industrial), Metal
Location: Quang Ngai, Vietnam
Updated: 22 Jul 2026
Source: The Business Times

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Project Information

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The project “Dung Quat 2 Steel Complex Expansion” is an infrastructure initiative in the Steel sector, located in Quang Ngai, Vietnam. Taiyo aggregates data on it from The Business Times.

Participants

Not available for this record.

Status

Original status	Under Construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Hoa Phat Group plans to complete its Dung Quat 2 steel complex by the end of 2025, increasing its steel production capacity from 11.3 million tonnes to 15 million tonnes per year, including 8.6 million tonnes of hot-rolled coil steel. The plant aims to reduce production costs and enhance competitiveness.
Original sector	Steel Manufacturing
Budget

Location

Country	Vietnam
State	Quang Ngai

Source

Source	The Business Times
URL

More Details

Record type	Project
Sector	Steel, Commercial, Manufacturing (Industrial), Metal
Article published date	2025-05-22

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Dung Quat 2 Steel Complex Expansion

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