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Vas Steel Tue Minh Joint Stock Company (Công Ty Cổ Phần Thép Vas Tuệ Minh) (Vietnam)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Secondary Activities: Other Heavy and Civil Engineering Construction | Ferrous Metal Foundries | Wholesale Trade | Metal Service Centers and Other Metal Merchant Wholesalers | Support Activities for Transportation | Other Support Activities for Transportation
Full name: Vas Steel Tue Minh Joint Stock Company Profile Updated: January 16, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

VAS Steel Tue Minh Joint Stock Company (VAS Tue Minh Steel) is a Vietnam-based steel manufacturer and a member of VAS Group. Established in 2010, the company operates an integrated billet-making and rolling system with large-scale annual capacity for both steel billets and rolled long-steel products. Its core product portfolio includes high-quality steel billets as upstream input and finished construction steel such as deformed reinforcing bars (rebar) and wire rods, produced to Vietnamese standards and specifications demanded by domestic construction, infrastructure, and industrial fabrication customers. The company's operations encompass scrap and raw-material procurement, steelmaking, continuous casting, hot rolling, surface finishing, quality inspection, and distribution through dealer and project channels. VAS Tue Minh Steel's geographic reach is primarily domestic, serving nationwide construction demand with a strong production base in central Vietnam, while also maintaining the capability to supply export markets when commercial conditions are favorable. Key assets include its billet and rolling mills, installed rolling lines for multiple rebar and wire-rod grades, and integration within VAS Group's broader long-steel ecosystem. Strategically, the company is positioned to strengthen Vietnam's long-steel supply through scale efficiency, low-cost billet-to-rolled-steel integration, consistent product quality, and import-substitution competitiveness, with emphasis on stable capacity utilization and operational modernization to sustain relevance in Vietnam's cyclical steel market.

Headquarters
Lot A5, D2 Street, Dat Cuoc Industrial Park ,Zone B,, Bac Tan Uyen Commune
Ho Chi Minh municipality; South Eastern Vietnam;

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Website: https://www.vasgroup.vn

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 01, 2010
Key Executives
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Advisor
Ownership Details
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65.37%
Subsidiaries
Danang Steel Joint Stock Company
Vas Steel Viet My Limited Liability Company
Company Performance
Financial values in the chart are available after Vas Steel Tue Minh Joint Stock Company (Công Ty Cổ Phần Thép Vas Tuệ Minh) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
10.4%
Total Operating Revenue
10.4%
Operating Profit
97.29%
EBITDA
55.89%
Net Profit/Loss for the Period
322.2%
Total Assets
9.12%
Total Equity
-5.09%
Operating Profit Margin
2.39%
Net Profit Margin
2.84%
Return on Equity (ROE)
21.81%
Debt / Equity
50.53%
Quick Ratio
-0.05%
Cash Ratio
0.03%

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