Vietnam Industrial Investments Limited is a foreign-owned public company that invests in Vietnam-based companies which manufacture steel construction materials. The company is listed on the Australian Securities Exchange under the code, VII, and employs approximately 665 people throughout its operations. Vietnam Industrial Investments is administered from its head office in Subiaco, Western Australia.

The company is majority owned by Corbyns International Limited, a private company based in the British Virgin Islands.


Vietnam Industrial Investments manufactures and wholesales steel and steel products. The company operates through the following investments in Vietnam:

  • Austnam Joint Stock Corporation

Austnam produces metal roofing and cladding and is based in Hanoi. Vietnam Industrial Investments holds a 67% interest in the company.

  • Vinausteel Limited

Vinausteel owns and operates a steel rolling mill in Hai Phong, Vietnam, which produces deformed reinforcing steel bars for the construction industry. Vietnam Industrial Investments holds a 70% interest in the company.


SSESTELL owns and operates a fully automated rolling mill based in Hai Phong, Vietnam, which produces high tensile rebar and wire rod for the construction sector. SSESTEEL is a wholly owned subsidiary of Vietnam Industrial Investments.

  • VRC Weldmesh (Vietnam) Ltd

VRC Weldmesh has a factory in Ho Chi Minh City from which it produces welded steel mesh concrete reinforcing and steel fencing. The company is a wholly owned subsidiary of Vietnam Industrial Investments.

  • Total Building Systems Limited (TBS)

TBS supplies building systems, engineering and construction services and civic works to residential and industrial consumers in Vietnam. The company is located in Ho Chi Minh City and Hanoi. Vietnam Industrial Investments holds a 99% interest in the company.

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