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.
