Steel producers report heavy losses for second consecutive quarter

Steel producers report heavy losses for second consecutive quarter

Vietnam's five largest steel producers report combined losses of more than $152 million for the last quarter of 2022.
Steel makers witness hardships in Q4/2022

Steel makers witness hardships in Q4/2022

Steel companies witnessed hardships in the fourth quarter of 2022 with many big players suffering losses.
Debts at Thai Nguyen Iron and Steel plant – phase 2 await extension

Debts at Thai Nguyen Iron and Steel plant – phase 2 await extension

The fate of Thai Nguyen Iron and Steel plant – phase 2 remains uncertain and it is unable to restart while its debts are only swelling.
Tisco and MCC still unable to close EPC dispute

Tisco and MCC still unable to close EPC dispute

Tisco cannot react to MCC's higher capital demands without the go-ahead from the authorities, further delaying Thai Nguyen iron and Steel Plant.
Tisco may take Chinese contractor to court

Tisco may take Chinese contractor to court

Tisco is considering taking China Metallurgical Group Corporation (MCC) to court to deal with the overlong dispute over an EPC contract once and for all.
12 billion-dong loss-making projects looking at brighter prospects

12 billion-dong loss-making projects looking at brighter prospects

Dinh Vu Polyester Plant (PVTex) resuming operations at its factory and PetroVietnam’s restarting of its group of biofuel factories are just two of many positive developments at the loss-making projects run by the Ministry of Industry and Trade (MoIT).