Bacviet Industrial Joint Stock Company - Hanoi, Vietnam

Bacviet Steel Co., Ltd was established on March 6, 2000. With ability and determination of its employees BACVIET GROUP has been developing continuously to assert its position in the local and international market.Bac Viet Steel Group SJC (BVG) posted 351.6% net profit surge to 16.24 billion dong ($854,736) in the first half of this year from 359.59 million dong a year back, the firm said in its financial statements posted on Hanoi Stock Exchange’s website on September 8.The company made revenue of 170.15 billion dong in the period, up 53.12% from 111.12 billion dong over the same period of last year.The firm had total assets of 240.68 billion dong at the end of June, compared to 176.81 billion dong at the beginning of this year.