Consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association
General Director of Vietnam Customs Nguyễn Văn Cấn. Bà Rịa-Vũng Tàu Province's customs department has seized an aluminum shipment worth more than US$4 billion en route to the US. Photo laodong.vn
The Ministry of Industry and Trade has proposed the Government promulgate regulations on Vietnamese goods and ‘Made-in-Việt Nam’ products as there are no specific rules on the issue.
The domestic steel production is expected to gain year-on-year growth of about 20 per cent this year, according to the Ministry of Industry and Trade.
Local businesses should follow laws and requirements on origin when exporting their product to the US.