Vietnams steel major Hoa Phat 'confident' about China competition

Vietnams steel major Hoa Phat 'confident' about China competition

Senior officials of major Vietnamese steel maker Hoa Phat are confident that the company can deal with Chinese competition, given the attention they’ve paid to their costing.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam steel prices drop 12th time in three months

Vietnam steel prices drop 12th time in three months

Retail steel prices in Vietnam have fallen by about VND4 million ($171) per ton since May 11 in 12 consecutive drops.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Steel firms see declining profits in Q2

Steel firms see declining profits in Q2

Many Vietnamese steel makers saw profits drop by up to 90% in the second quarter of the year amid plunging selling prices.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7