Hoa Phat Agriculture Eyes Public Listing to Boost Farm Investments

Hoa Phat Agriculture, a subsidiary of Vietnam's leading steelmaker Hoa Phat Group, has announced plans to go public by the end of 2025. The move aims to raise capital for expanding its farm investments and animal feed production facilities, with shares valued at a minimum of 11,887 dong each.

While the company has not disclosed details of the deal's size or the expected revenue, the initiative aligns with similar market entries by Vietnamese companies such as Techcombank and VPBank's securities divisions. Proceeds will be used for farm investments, establishing feed factories, and scaling up production.

Founded in 2015, Hoa Phat Agriculture has grown to produce animal feed and raise livestock, showing significant financial growth with revenues reaching 4.3 trillion dong in the first half of 2025. The announcement has positively impacted the parent company's stock, with a slight increase in share prices.