The building material market in Ho Chi Minh City has started to flourish again. (Photo: SGGP)

Building material market thrives

After a slump due to the impacts of the Covid-19 pandemic, from the middle of the third quarter, the building material market in Ho Chi Minh City have started to flourish again as it has entered the peak of construction season at the end of the year, and the export of building materials to some markets is favorable.
Steel production at the Southern Steel Company Limited. (Photo: SGGP)

Vietnamese steel tries its strength in European market

Vietnam's steel products are facing the risk that the export market will be narrowed due to several trade-remedy investigations and the imposition of anti-dumping duties. Facing that fact, many steel producers are making efforts to improve product quality to change the direction and promote exports to the European market.
Imported steel rolls at a port in District 7 in Ho Chi Minh City. (Photo: SGGP)

Imported steel floods into Vietnam

Global steel capacity is forecast to be excessive so steel has been pouring into the Southeast Asia region. Risk of excess supply along with difficulties in export markets has made it possible for domestic steel industry to experience a cutthroat competition for market share right on the home ground.
Production of rolled steel at a company. (Photo: SGGP)

Steel industry posts high export growth despite trade protectionism

According to the Foreign Trade Agency under the Ministry of Industry and Trade, despite several cases of trade protectionism on export steel products of Vietnam, the country’s steel export market has still managed to achieve high growth.
Vietnam Steel exports reach $1 billion

Vietnam Steel exports reach $1 billion

Though Vietnam has faced difficulties because of anti-dumping lawsuits in several nations, it has still grown strongly to achieve revenue of $1 billion in the first tthree months of 2018, said the Vietnam Steel Association.