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According to its website, Hoa Phat, aside from construction steel, like rebar, also produces engineering grade steels, like JIS S45C (in Vietnam, it is popularly referred to as C45), which can be used to manufacture automobile axle shafts, drive shafts and transmission components, or low stress engine crankshafts, and other engineering components.Hoa Phat is probably one of the top 2 or 3 biggest private companies of Viet Nam, it is doing very well for both its shareholders and the construction industry. But Hoa Phat is basically a construction steel company; it has no R&D to research into high-strength steel that can be used for other civilian industries (like diesel engine) or military applications. Our high-strength metallurgy research will rest solely on the shoulders of the military
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