[Vietnam] Formosa Ha Tinh Expands Workforce Amid Ongoing Export Market Pressure

Published: Aug 18, 2026 16:11

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Formosa Ha Tinh Steel (FHS) plans to recruit 300 additional employees for production, maintenance and fire-prevention positions as the integrated steel complex continues to expand its workforce. The company currently operates a 3,318-hectare complex with annual steel and iron output of more than 6 million tonnes and employs over 6,500 workers. However, FHS continues to face pressure from trade-remedy measures in key export markets, including anti-dumping actions by the EU and India on Vietnamese HRC, while weaker Asian steel prices and higher financial costs continue to weigh on profitability.

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