VinMetal, the steel manufacturing arm of Vingroup, has entered into a strategic partnership with Primetals Technologies to develop a large-scale integrated steel complex in Ha Tinh, Vietnam. The agreement, formalised through a Memorandum of Understanding signed in Hanoi on May 7, marks a major step in strengthening Vietnam’s industrial capabilities and expanding the country’s presence in the global steel market.
The proposed greenfield project will feature two advanced production lines designed to manufacture both long and flat steel products. The integrated complex is expected to support Vietnam’s growing infrastructure, automotive and industrial sectors while also serving international export markets with high-quality steel products.
One production line will focus on long steel products and will include a meltshop equipped with an LD converter, ladle furnace and vacuum treatment systems, along with a billet caster, wire rod mill and high-speed rebar mill. The second line will support flat steel production and will include another meltshop with LD converter technology, ladle furnace and vacuum treatment, a slab caster and a hot-strip mill.
Under the agreement, Primetals Technologies will serve as the technology integrator for the project and will execute a pre-engineering package covering the complete equipment scope. The approach is expected to streamline the project timeline, reduce technical risks and enable early-stage civil works planning through standardised engineering solutions.
Speaking at the signing ceremony, Pham NhatQuanAnh, General Director of VinMetal, described the collaboration as a major milestone in the company’s long-term growth plans. He said the partnership would support the development of a modern, digitalised steel complex built to international standards, helping enhance the competitiveness of Vietnam’s steel industry globally.
Beyond production infrastructure, both companies also plan to collaborate on workforce development and digital transformation initiatives to ensure operational efficiency and long-term sustainability. The project has been designed with a strong focus on environmental, social and governance standards, reflecting a broader commitment to sustainable industrial growth and low-emission manufacturing practices.
Established in October 2025, VinMetal aims to become a leading smart steel producer specialising in advanced steel products and specialised alloys for electric vehicles, transportation infrastructure and industrial applications. The company is part of Vingroup, one of Vietnam’s largest listed business groups with interests spanning automotive, technology, real estate and industrial sectors.
Primetals Technologies continues to expand its presence in advanced steel manufacturing technologies, digital automation systems, and intelligent process optimisation solutions for steel producers worldwide. The company said the latest modernization project reinforces its focus on helping steel manufacturers improve efficiency, product quality, and operational sustainability through advanced engineering and automation technologies.
