Diem Pham

Nam Kim Steel Joint Stock Company (NKG) ranked 59th in PRIVATE 100 2026 – the Top 100 private enterprises making the largest contributions to Vietnam’s state budget – with actual payments to the state budget totaling VND 876.2 billion in 2025.

PRIVATE 100 is part of the Vietnam Largest Taxpayers (VNTAX) system, which recognizes private enterprises with significant contributions to the state budget. Ton Nam Kim’s inclusion in the ranking reflects the Company’s business performance while also acknowledging its responsibility in fulfilling financial obligations to the State and contributing resources to the broader economy.

Ton Nam Kim ranks 59th in PRIVATE 100 2026

Over more than two decades in the coated steel industry, Ton Nam Kim has gradually built a solid manufacturing platform, strengthened its management system and diversified its product portfolio to serve a wide range of domestic and export market requirements.

As the steel industry continues to evolve in terms of demand, technical standards and quality requirements, the Company has focused on investment in technology, operational efficiency and manufacturing capabilities. These foundations have enabled Ton Nam Kim to maintain stable operations, strengthen its competitiveness and generate resources for long-term investment.

The Company’s VND 876.2 billion in actual budget payments in 2025 serves as an indicator of its operating scale and places Ton Nam Kim among the 100 largest private-sector contributors to Vietnam’s state budget.

Nam Kim Phu My – a new growth driver

Entering its next stage of development, Ton Nam Kim is placing strategic emphasis on the Nam Kim Phu My Plant Project, with a total investment of VND 6.2 trillion. The project plays an important role in the Company’s strategy to expand manufacturing capabilities and upgrade its product portfolio.

Nam Kim Phu My is being developed on a new technology platform,

with the aim of producing steel products that meet higher technical and quality standards and serve a broader range of applications. Once operational, the plant is expected to add new production capacity to Ton Nam Kim’s manufacturing system and enable the Company to penetrate market segments with more stringent standards.

Rather than focusing solely on higher output, the project is designed to increase the technological content and value of each product. This represents an important shift in Ton Nam Kim’s development strategy as the market increasingly demands higher material quality, enhanced processing capabilities and specialized technical standards.

Expanding into value-added steel segments

Supported by the technology platform at Nam Kim Phu My, Ton Nam Kim plans to introduce new product lines, broadening its portfolio beyond traditional coated steel products into higher value-added segments.

This direction will allow the Company to address emerging demand from industrial, construction and manufacturing sectors while strengthening its ability to meet increasingly stringent technical requirements in both domestic and international markets.

Deeper participation in the value-added steel segment is also expected to create greater scope for Ton Nam Kim to optimize its product mix, improve operating efficiency and reinforce its position within the steel value chain.

Elevating the Stature of a Vietnamese Coated Steel Brand

From its current business performance to the VND 6.2 trillion investment in Nam Kim Phu My, Ton Nam Kim’s strategy is increasingly centered on three key pillars: manufacturing capability, technology and higher-value products.

In the new development phase, the Company remains focused on improving operational efficiency, strengthening competitiveness and creating long-term value for customers, partners, shareholders and the community. 

Ton Nam Kim’s presence in PRIVATE 100 2026 marks recognition of the Company’s achievements to date, while Nam Kim Phu My and its upcoming product portfolio are laying the foundation for a new growth cycle and deeper participation in the steel value chain.

Ton Nam Kim would like to inform our valued customers, partners, and employees of the Vietnam National Day holiday schedule as follows:

Holiday period: September 1–2, 2026
Work resumes: September 3, 2026

Ton Nam Kim sincerely appreciates the continued trust and support of our valued customers and partners.On the occasion of the 81st anniversary of the National Day of the Socialist Republic of Vietnam, Ton Nam Kim extends our warmest wishes to our valued customers, partners, and employees for a joyful and meaningful holiday filled with good health, happiness, and cherished moments with loved ones.

Ho Chi Minh City, August 7, 2026 – According to the reputable ranking published by CafeF, Nam Kim Steel Joint Stock Company (NKG) has been recognized among the Top 10 companies in Vietnam’s Steel and Construction Materials sector with the largest contributions to the State budget in 2025, ranking 4th with a total of VND 876 billion in taxes and financial obligations.

This achievement is a clear testament to the company’s stable business scale, effective management capabilities, and strong financial foundation throughout its journey toward sustainable growth.

Demonstrating Strong Internal Capabilities Amid Market Challenges

2025 was marked by significant volatility in the Vietnamese steel market, as global demand had yet to recover as expected. At the same time, export markets faced increasing pressure from international trade policies and intensifying competition. In particular, the coated steel segment, which is a core business area of Nam Kim Steel, encountered considerable challenges due to declining demand in key markets.

Nevertheless, maintaining a contribution of VND 876 billion to the State budget demonstrates the strong internal capabilities of one of Vietnam’s leading steel roofing and coated steel manufacturers. This achievement reflects Nam Kim Steel’s long-term strategic direction, which focuses on continuously improving product quality, optimizing production costs, proactively expanding into new markets, and investing in modern technologies to strengthen its overall competitiveness.

Investment and Sustainable Growth Strategy in 2026

Entering 2026, Nam Kim Steel Joint Stock Company continues to accelerate key investment projects to enhance production capacity, develop higher value-added product lines, and increase the localization rate of its products.

• Nam Kim Phu My Steel Plant milestone: The project has officially commenced stable operations, significantly expanding the production capacity of the company’s overall system. The new plant not only enables Nam Kim Steel to better meet growing demand in both domestic and international markets, but also creates additional employment opportunities and contributes to local economic growth.
• Green growth orientation: Alongside expanding its scale, the company continues to focus on optimizing operational processes, improving resource efficiency, and applying environmentally friendly technologies, with the goal of achieving long-term sustainable development.

Contributing to National Economic Development

For Nam Kim Steel, fulfilling its tax obligations is not only a matter of legal compliance but also a commitment to social responsibility and a contribution to the shared prosperity of the country. These State budget revenues play an essential role in supporting investment in infrastructure, education, healthcare, and social welfare.

Looking ahead, backed by a strong financial foundation and a continuous commitment to innovation, Nam Kim Steel remains committed to optimizing its business and production operations, creating tangible value for shareholders, partners, and customers, while making positive contributions to the country’s socio-economic development.

On July 28, 2026, Nam Kim Steel marked a new milestone with the successful export of 12,500 tons of Cold-Rolled Annealed (CR – Annealed) steel. This was the first shipment of this product line to be directly exported from the Nam Kim Phu My Steel Plant to the Brazilian market.

The shipment marks an important milestone in the operation of the plant, demonstrating Nam Kim Steel’s ability to master advanced technologies, manufacture higher value-added steel products, and gradually expand the presence of Vietnamese steel in markets with stringent technical requirements.

Nam Kim Phu My Steel Plant: Advanced Technology for High-Quality Steel Production

The Nam Kim Phu My Steel Plant operates an integrated and highly automated production system, including the Pickling Line Tandem Cold Mill (PLTCM), Continuous Annealing Line (CAL), Continuous Galvanizing Line (CGL) for galvanized and aluminum-zinc alloy coated steel, Color Coating Line (CCL), and Annealing and Coating Line (ACL)for electrical steel.

The integrated and highly automated system enables Nam Kim Steel to maintain control throughout the production process, from hot-rolled steel to higher value-added steel products. This helps ensure consistent quality, optimize production efficiency, strengthen competitiveness, and support sustainable development in line with the trend toward green steel.

Nam Kim Steel’s current product portfolio includes Pickled & Oiled (PO) steel, Full Hard Cold-Rolled (CRFH) steel, Cold-Rolled Annealed (CR – Annealed) steel, Hot-Dip Galvanized (GI) steel, Aluminum-Zinc Alloy Coated (GL) steel, and Pre-Painted Galvanized/Aluminum-Zinc Coated (PPGI/PPGL) steel.

Products are strictly controlled in terms of chemical composition, mechanical properties, thickness accuracy, flatness, surface quality, and formability. These products meet the requirements of various industries, including home appliances, construction materials, steel structures, mechanical engineering, and industries with high technical requirements.

Nam Kim Steel is also gradually completing the development of Electrical Steel/Silicon Steel, serving the electrical, motor, transformer, and green energy transition sectors.

Mastering Technology to Enhance Product Value

CR – Annealed steel is a higher value-added steel product manufactured through a continuous annealing process to optimize mechanical properties, formability, and surface quality.

The entire production process is controlled through automated control systems, advanced measurement equipment, and strict quality management procedures, ensuring a high level of product consistency before supplying customers in domestic and international markets.

Mastering CAL technology contributes to expanding Nam Kim Steel’s product portfolio and enhancing the company’s ability to meet increasingly stringent technical requirements in international markets.

Nam Kim Steel’s Cold-Rolled Annealed steel coils meet the stringent technical requirements of international markets.

Expanding Presence in High-Standard Markets

Brazil is one of the markets with stringent product quality requirements and is subject to various trade barriers. The successful export of the 12,500-ton CR – Annealed shipment demonstrates Nam Kim Steel’s production capabilities and ability to meet international standards, while marking further progress in the development of higher value-added steel products.

Mr. Le Minh Hai, Deputy General Director of Nam Kim Steel Joint Stock Company, shared:

“The export of 12,500 tons of Cold-Rolled Annealed steel to Brazil marks an important milestone in the operation of the Nam Kim Phu My Steel Plant and is the result of systematic investment in technology, equipment, people, and quality management systems.

We aim not only to manufacture products that meet international standards, but also to gradually expand the portfolio of higher value-added steel products, strengthen competitiveness, and contribute to the sustainable development of Vietnam’s steel industry. The success of this first shipment provides a foundation for Nam Kim Steel to continue reaching demanding markets with stringent technical requirements around the world.”

Nam Kim Steel’s team at the event marking the export milestone of the 12,500-ton CR – Annealed steel shipment.

About Nam Kim Steel

Nam Kim Steel is one of Vietnam’s leading steel and coated steel manufacturers and suppliers, operating six modern plants with a total annual production capacity of more than 2.2 million tons and an export network spanning more than 65 countries and territories.

Guided by the philosophy “Quality in Mind. Quality in Life.”, Nam Kim Steel continuously invests in technology, develops higher value-added steel products, strengthens management capabilities, and expands international markets, contributing to enhancing the position of Vietnam’s steel industry in the global supply chain.

On May 17, 2026, Nam Kim Phu My officially held the inauguration ceremony marking the completion of the installation of its Phase 1 Continuous Pickling and Cold Rolling Line (CPL/CRM), signifying the successful completion of the entire process line installation and the project’s readiness for commissioning. The project was executed by WISDRI under an EP (Engineering & Procurement) contract model, encompassing integrated technological solutions, system integration, and equipment configuration for the high-speed cold rolling complex at Nam Kim Phu My.

As a typical integrated cold rolling project featuring a fully closed-loop production process, the Nam Kim Phu My Integrated Cold Rolling Complex comprises a Continuous Pickling and Cold Rolling Line, Continuous Annealing Line (CAL), Continuous Galvanizing Line (CGL), Color Coating Line (CCL), Finishing Line, together with auxiliary facilities and utility systems.

The entire project has been implemented in accordance with advanced technological standards, adopting WISDRI Group’s leading standards in engineering design and the integrated application of modern technical solutions in cold rolling and steel coating technologies. Leveraging WISDRI’s extensive expertise in cold rolling engineering and system integration capabilities, the project has successfully realized the synchronized application of core technologies and key equipment for a high-speed cold rolling complex, with a designed annual capacity of 1.2 million tons and an operating speed of up to 1,450 meters per minute, ensuring stable and efficient line performance.

From the efficient and synchronized operation of the Continuous Pickling and Cold Rolling Line to the world-class operational standards of the Continuous Annealing Line, Continuous Galvanizing Line, Color Coating Line, and the fully integrated latest-generation Acid Regeneration System (ARS), the project has achieved a high level of integration and synergy throughout the entire production process. As a result, the project contributes significantly to energy efficiency, reduced consumption, enhanced environmental sustainability, and optimized investment as well as operating costs.

The completion of the installation and the upcoming commissioning of the project not only expand Nam Kim Steel’s production capacity, but also mark a strategic milestone in the company’s journey toward conquering the high-quality steel segment, further strengthening the position of a Vietnamese enterprise in both regional and international markets.