November 19, 2011
A worker walking a bicycle loaded with construction steel on his way to a construction site in Hanoi The frozen property market and high interest rates have pushed steel producers into the red and some even face the risk of shutting down their business. Pham Chi Cuong, chairman of the Vietnam Steel Association, said [...]
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September 15, 2009
LookAtVietnam – Pomina Steel Joint Stock Company inked a deal Saturday with Switzerland-based Concast AG Company for the preparation to build Pomina took nearly two years preparing this large steel project and that the project belonged to the master scheme of the country’s steel industry development that had been approved by the Government. (Photo: Internet)Under [...]
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March 27, 2009
A steel structure at a construction site in Hanoi. Steel demand has fallen in Vietnam as a slowing economy has hurt the construction industry. Vietnam will hike steel import tariffs by 3 percent from next month to help local firms liquidate their growing stockpiles following recommendations from the industry association and the industry ministry. The [...]
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