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POSCO-Yamato Joint Venture PY VINA Opens Haiphong Office

PY Vina Opened Phong office in Hai Phong on May 11. Expect to expand market share in northern Vietnam

Posco Yamato Vina (Lee Young Woo, CEO) opened office in Hai Phong city of Viet Nam on May 11.

POSCO-Yamato Joint Venture PY VINA Opens Haiphong Office

PY Vina plans to use Haiphong, an industrial center in northern Vietnam, as a regional base and secure scrap suppliers in northern Vietnam to expand sales of section steel. In particular, it has decided to increase its market share and strengthen its sales leadership through close care of local customers.

Lee Young-Woo, CEO of PY Vina, said at the opening ceremony, "We plan to expand sales of section in the northern part of the country by open the office in Haiphong, And we will continue to supply eco-friendly high quality section steel and contribute to the improvement of steel structure industry and people’s safety in northern area.

Since first operation from year 2015, PY SSVINA (the only large steel manufacturer in Việt Nam) was reborn under name of PYVINA with best quality and competitiveness after Joint venture with YAMATO group which is global section steel manufacturer on april of year 2020.

POSCO turned into a surplus for the first time in 2021 through communication and collaboration with Yamato Group after joint efforts, and has continued its surplus management for 21 consecutive months.

POSCO-Yamato Joint Venture PY VINA Opens Haiphong Office

Posco Yamato Vina Steel
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