Indonesia stops anti-dumping investigation on Vietnamese steel Business

Indonesia stops anti-dumping investigation on Vietnamese steel

The Komite Anti Dumping Indonesia (KADI) under the Ministry of Trade on September 25 announced the termination of an anti-dumping investigation on colour-coated steel products imported from Vietnam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam.
Hoa Phat enjoys 27 percent profit growth in H1 Business

Hoa Phat enjoys 27 percent profit growth in H1

Hoa Phat has posted revenue and post-tax profit gains of nearly 27.6 trillion (over 1.19 billion USD) and over 4.4 trillion VND (190 million USD) in the first half of 2018, representing rises of 30 percent and 27 percent from the same period last year, respectively.
HCM City’s imports from China soar Business

HCM City’s imports from China soar

Ho Chi Minh City’s 2018 spending on Chinese imports has exceeded 8.1 billion USD to date, an increase of more than 2.4 billion USD from the same period last year.
Domestic steel consumption drops strongly from May Business

Domestic steel consumption drops strongly from May

Domestic consumption of steel in June dropped 14.9 percent compared to May to 1,794,193 tonnes and production output also fell 1.25 percent month on month to 2,058,445 tonnes, according to the Vietnam Steel Association.
Vietnamese steel struggles amid growing protectionism Business

Vietnamese steel struggles amid growing protectionism

Improving competitive capacity to expand export markets and understanding of international trade regulations are significant for Vietnamese steel firms to respond to trade defence lawsuits in the context of growing protectionism, said Chairman of Vietnam Steel Association (VSA) Ho Nghia Dung.
Steel firms shouldn’t worry about duties: Association Business

Steel firms shouldn’t worry about duties: Association

Despite the imposition of anti-dumping duties on colour-coated steel products by Indonesian authorities, Vietnamese steel producers should not worry about the possibility of losing competitiveness, according to the Vietnam Steel Association (VSA).