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Detailed plan approved for USD-3.1 billion steel plant in Ha Tinh

Authorities in Ha Tinh Province have approved a detailed development plan for a proposed VND79.99 trillion (US$3.1 billion) steel project.

The project covers nearly 460 hectares in Vung Ang Economic Zone, providing the basis for construction permits and infrastructure development.

The VinMetal Ha Tinh project is planned as an integrated steel complex with facilities for coke production, ironmaking, steelmaking, hot rolling, power generation, lime and cement production, warehouses and supporting infrastructure.

Detailed plan approved for USD-3.1 billion steel plant in Ha Tinh - 1
Detailed plan for the VinMetal Ha Tinh steel plant (Photo: Baohatinh)

The plant is expected to create more than 5,300 jobs once operational.

According to the approved plan, more than 57 per cent of the site will be allocated for industrial production and warehousing, while nearly 29 per cent will be reserved for green space and water features.

The project also includes transport, power, water supply, wastewater treatment, telecommunications and fire protection systems.

It received an investment registration certificate in February 2026 and is being developed by VinMetal Production and Trading JSC with total investment of VND 79.99 trillion (USD3.1 billion

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