steel production

Update news steel production

The Vietnam Steel Association (VSA)’s member enterprises suffered a strong reduction in production and business in the first quarter of this year due to the COVID-19 pandemic.

 

Imported steel floods into Vietnam

Global steel capacity is forecast to be excessive so steel has been pouring into the Southeast Asia region. 

PM closes curtain on multimillion dollar steel plant

The state resolutely refused to save the failing VND8 trillion ($361.4 million) Thai Nguyen Iron and Steel JSC (TISCO)’s iron and steel plant-phase 2.

Cross-border iron ore smuggling: the real concern

 VietNamNet Bridge - The previous article analyzed the high tax rates on iron ore exports and the impact of tariff policies on mineral smuggling. This article will consider the competitiveness of Vietnamese steel producers.

Has iron ore been smuggled across the border?

VietNamNet Bridge - The Minister of Industry and Trade Vu Huy Hoang told the mid-year National Assembly session that the Ministry would put an end to the exploitation and processing of raw minerals, especially the exploitation of gold.

Formosa incentives fully legal

 VietNamNet Bridge – Discussions have recently raged over the incentives offered to Formosa Plastics Group’s $10 billion steel and Son Duong deep-water seaport complex in the central province of Ha Tinh.

BUSINESS IN BRIEF 21/6

 Phu My 3 industrial park under construction; Hue hosts 6th Vietnam Economist Annual Meeting; HCM City seeks Korean IT partnerships; Banks offer low rate loans to businesses

BUSINESS IN BRIEF 15/4

Steel consumption increase ‘shortlived'; Building material businesses on verge of bankruptcy; US$200 million shopping centre to take shape in Hanoi; Footwear businesses receive orders until Q3

BUSINESS IN BRIEF 28/3

Tycoons fall hard due to securities investment; Long-awaited security software makes debut; Billion-dollar apartments now available; Semi- conductor association launched