vietnam steel association

Update news vietnam steel association

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.

 

VN steelmakers hit hard by virus outbreak as demand, prices spiral

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of COVID-19, which could well reach a pandemic as dozens of countries reported new infections.

Vietnam’s steel exporters benefit from US import tariffs

The domestic steel industry in the first half of the year produced a total of 12.6 million tons of steel, sold 11.6 million tons, of which 2.5 million tons were exported, increasing by 7.7%, 9.8% and 6.3% year-on-year, respectively.

EVFTA opens new markets for Vietnam steel industry

The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.

BUSINESS IN BRIEF 24/1

 FDI firms contribute more to export growth; Consortium seeks to build wastewater treatment plant; Online trading must pay taxes from Jan 20; Second-home segment bouncing back; Bank credit swells in two largest cities