Posco displays a steely resolve

“In 2009, the country’s steel demand was more than 11.7 million tonnes, a half of which was satisfied by local suppliers”
state auto import ban to boost local sales

State auto import ban to boost local sales

Local automobile assemblers will have a greater chance to promote their sales, as the door for state-funded imports of vehicles temporarily closes.
talking heads talk up more steel projects

Talking heads talk up more steel projects

Foreign investors are tipped to continue jumping into Vietnam’s steel manufacturing ventures to capture the country’s future increasing demand.
addressing deficit needs a rethink

Addressing deficit needs a rethink

A more effective use of investment will help Vietnam address its ballooning trade deficit more efficiently than expanding exports.
jeong an vina has new shareholders

Jeong An Vina has new shareholders

Three Japanese steel-makers and distributors last week announced their intention to acquire a South Korean spiral steel pipe manufacturing plant in Vietnam.

Project still a turn off

Central Ninh Thuan province is struggling to find eligible investors for a vacated giant integrated steel project.
business giants work to drive relationship

Business giants work to drive relationship

Cooperation between leading enterprises is to foster the Vietnam-Russia strategic partnership.
trade deficit fears still lurk

Trade deficit fears still lurk

Vietnam is expected to see a 5 per cent trade deficit rise this year, triggering macroeconomic concerns.
japanese eyes still twinkling

Japanese eyes still twinkling

Japan’s foreign direct investment in Vietnam grew dramatically this year proving the ASEAN country’s value to the regional heavyweight.

Duo eye on giant power project

Chinese and South Korean investors are interested in cooperating with the United States-based AES Corporation to develop the $2.1 billion coal-fired power plant in Quang Ninh province.
power firm is ready to pounce

Power firm is ready to pounce

Global hydropower producer SN Power last week inaugurated its representative office in Vietnam to accelerate investment opportunities.
steel projects set to get new lease on life

Steel projects set to get new lease on life

Five blacklisted steel companies in Ba Ria-Vung Tau province are proposed to move forward with their steel projects.

Kia Motors recall has ripple effect locally

Kia Motors last week announced the recall of hundreds of Sorento SUVs, imported into Vietnam, due to defective wiring in decorative lighting.

$5bn Tata steel project locked down

Site clearance disagreements between Tata Steel Ltd. and Vung Ang Economic Zone authorities continue to be major obstacles for the Indian firm-led steel mill project to be licenced.

Firm hand grabs sector

Vietnam’s steel development master plan is to be locked down to ensure the stable growth of existing and planned projects.