Businesses search for ways to overcome COVID-19 Many businesses are struggling from a lack of raw materials and falling exports due to the impacts of the global pandemic COVID-19.

Steel industry forecasted to grow by 6-8 per cent in 2020 Việt Nam steel production was forecasted to continue to grow slightly, at about 6-8 per cent, this year, reported the Việt Nam Steel Association (VSA).

MoIT allows export of raw mineral inventory Despite the Government limitation on the export of raw minerals, Ministry of Industry and Trade (MoIT) still allows some to help local enterprises.

Australian PM to focus on economic co-operation during Việt Nam visit

Australian Prime Minister Scott Morrison said he would focus on strengthening economic, security and people to people co-operation between Australia and Việt Nam during his visit to Việt Nam from August 22-24 during an interview with the Vietnam News Agency (VNA) and the Voice of Vietnam (VOV) ahead of his visit.

Steel companies post low profits on rising iron ore prices Second-quarter earnings of steelmaking companies showed signs of deterioration as prices of iron ore continued to increase, leading to higher production costs and lower profit.

Hòa Phát invests nearly VNĐ43 trillion on Dung Quất project The group’s chairman Trần Đình Long told the annual shareholders’ meeting that total initial investment for the project is VNĐ40 trillion of medium-term loans for fixed assets and VNĐ12 trillion for short-term activities.

Steel producer posts 7% lower Q2 profit on increased material prices Steel producer Hòa Phát has reported that its post-tax profit dropped 7 per cent year on year to VNĐ2.05 trillion (US$88.15 million) in the second quarter of the year.

Equatorial Guinea Presents Open Oil, Gas and Mining Licenses in Successful Roadshow in China Equatorial Guinea Presents Open Oil, Gas and Mining Licenses in Successful Roadshow in China

African Energy Chamber’s Investment Push in China is Met with Tremendous Success African Energy Chamber’s Investment Push in China is Met with Tremendous Success

Steel industry to face challenges in second half of 2019 In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.