Location

Km 9, Vat Cach,Quan Toan
Hong Bang District,
Hai Phong VIETNAM
Telephone: (84) 313 850 145
Facsimile:   (84) 313 850 140
E-mail:vinausteel@vinausteel.com.vn
Website:www.vinausteel.com.vn

Vinausteel owns and operates a steel rolling mill in Haiphong which produces round and deformed reinforcing steel bar for the construction industry.

Vinausteel is a joint venture company incorporated under the Foreign Investment Laws of Vietnam in terms of an Investment Licence issued on 28 June 1994. The current joint venture partners are VII with a 70% interest and the Vietnam Steel Corporation (“VSC”) with a 30% interest.

The term of the joint venture is 30 years and this term may be extended by mutual agreement of the parties. Operational management of Vinausteel is determined by a Joint Venture Agreement, a Charter and a Board of management which comprises of five (5) nominees from VII and two (2) from VSC.
 

Further detail on the joint venture structure and the company's operations can be found in the Annual Reports and ASX Announcements sections.