Keyword: "Vietnam Steel Association"

70 Result

Illustrative image (Photo: VNA)

Domestic steel producers face fierce competition from foreign rivals

Vietnam's steel industry is facing fiercer competition from foreign rivals as imported products, particularly those from China, have flooded the domestic market, raising fears of market saturation. Industry experts have warned that without prompt action, domestic producers could be pushed to the brink.

Illustrative image (Photo: VNA)

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).

Steel industry advised to optimise technology, save energy to promote export to EU

Steel industry advised to optimise technology, save energy to promote export to EU

To promote steel exports to the European Union (EU) market, Vietnam's steel manufacturers need to optimise technology, save energy, and carry out product quality standards of the EU, according to Do Nam Binh, head of the Minerals and Metallurgy Division at the Department of Industry under the Ministry of Industry and Trade (MoIT).
Financial support needed for steel firms to go green: expert

Financial support needed for steel firms to go green: expert

Vietnam should sketch out specific policies to provide financial support to motivate steel enterprises to invest in new green technologies, Deputy General Director of the Vietnam Steel Corporation and Vice Chairman of the Vietnam Steel Association (VSA) Pham Cong Thao said in an interview with VietnamPlus e-newspaper.
Steel sector sees recovery signals

Steel sector sees recovery signals

The determination of the Government, ministries, sectors and localities to promote disbursement of public investment, and efforts taken to address difficulties and speed up the development of the real estate market are positive signs for the steel industry to regain growth momentum in the remaining months of 2023 and early 2024, according to insiders.
Steel prices drop for 10th straight month in May

Steel prices drop for 10th straight month in May

Although the demand for building steel rose by more than 26% in May compared to the previous month, steel prices decreased for the 10th month, and steelmakers expected the struggle to continue.
Steel market to recover in latter half of 2023

Steel market to recover in latter half of 2023

The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.
Vietnam's iron and steel exports to EU soar

Vietnam's iron and steel exports to EU soar

Iron and steel exports to the European Union (EU) reached 713,000 tonnes in the first five months of this year, up five times year-on-year, reported the General Department of Customs.
Ministry wants to support domestic steel market

Ministry wants to support domestic steel market

The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months.