MoIT denies proposing price stabilisation fund for steel

MoIT denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
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.
RoK steel companies eye investment in Vietnam

RoK steel companies eye investment in Vietnam

The Vietnam Chamber of Commerce and Industry has recently unveiled that many steel firms from the Republic of Korea (RoK) are planning their investments in Vietnam.
Kyoei behind wheels cannot steer VIS clear of record loss

Kyoei behind wheels cannot steer VIS clear of record loss

Despite being backed by Japanese steel producer Kyoei Steel, Vietnam Italy Steel (VIS) has recorded a loss of VND326 billion ($14.2 million) in 2018.