BUSINESS IN BRIEF 19/9

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VietnamNet English 5 day(s) ago

Farmers get help from Australian aid project

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Japan's JFE withdraws from $3b Guang Lian steel plant project

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VietNam News English 5 day(s) ago 1 duplicate news 1 related news

JFE Group of Japan has announced it has cancelled its investment in the US$3-billion Guang Lian steel plant project at Dung Quat Economic Zone in central Quang Ngai Province.

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Japan's JFE pulls out of planned Vietnam steel plant project

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Báo Thanh Niên English 6 day(s) ago 1 related news

Japan's JFE pulls out of planned Vietnam steel plant project

Japan's JFE Steel, a unit of JFE Holdings Inc, said on Tuesday it has decided to pull out of a planned steel plant project in Vietnam due to a prolonged oversupply situation of the alloy in Asia.

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Steel firms in meltdown

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Báo Đầu Tư English 6 day(s) ago 1 related news

Steel firms in meltdown

Domestic steel firms are struggling as the market suffers from acute oversupply, while tariffs are set to fall on imported steel from Russia in the near future.

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Japan’s JFE exits $3bn Taiwanese steel project in Vietnam, citing ‘oversupply’

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Báo Tuổi Trẻ English 6 day(s) ago 1 related news

Japan’s JFE exits $3bn Taiwanese steel project in Vietnam, citing ‘oversupply’

Japan's second largest steelmaker JFE Steel Corporation announced on Tuesday that it has pulled out of a mammoth Taiwanese project in central Vietnam after two years of studying the feasibility of the US$3 billion steel sheet production plant.

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Steel sector can cope with FTA

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VietNam News English 1 week(s) ago 1 related news

Domestic steel manufacturers will not be on the brink of shutting down when the free trade agreement (FTA) between Viet Nam and the Custom Union of Russia, Belarus and Kazakhstan (VCUFTA) comes into effect later this year, the Ministry of Industry and Trade stated Friday in response to widespread concern over the industry's future.

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Vietnam fails to assuage fears of Russian steel domination

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Báo Thanh Niên English 1 week(s) ago 1 related news

Vietnam fails to assuage fears of Russian steel domination

While trade officials and steel producers argue over the effect of lifting duties on Russian steel imports; investors worry the local industry is as good as dead.

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FTA with customs union does not pose threat to steel industry

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VietnamPlus English 1 week(s) ago 1 related news

FTA with customs union does not pose threat to steel industry

The European Market Department under the Ministry of Industry and Trade has dispelled the rumour that domestic steel producers would face bankruptcy in face of the pending free trade agreement between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan.

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SMC links-up with Japanese steel partners

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Báo Đầu Tư English 1 week(s) ago 1 related news

SMC links-up with Japanese steel partners

Locally-owned steel maker SMC Trading Investment Joint Stock Company has established a steel production joint venture with Japanese companies Toami and Hanwa.

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Steelmaker to get $48m from SCIC to expand production

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VietNam News English 1 week(s) ago

Steelmaker to get $48m from SCIC to expand production

Prime Minister Nguyen Tan Dung has allowed the State Capital Investment Corporation (SCIC) to contribute VND1 trillion (US$47.6 million) to the Thai Nguyen Iron and Steel Corporation (TISCO) to improve production.

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BUSINESS IN BRIEF 13/9

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VietnamNet English 1 week(s) ago

Market info will be richly available at export forum

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Steel manufacturers fear trade agreement with Russia

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VietnamNet English 1 week(s) ago

Steel manufacturers fear trade agreement with Russia

VietNamNet Bridge – Domestic steel manufacturers, already suffering heavily from oversupply and competing with low-quality Chinese imports, fear they may be “crushed” by Russia which will enter Vietnam once a free trade agreement is signed.

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BUSINESS IN BRIEF 12/9

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VietnamNet English 1 week(s) ago

Vietnam joins Summer Davos forum 2014

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Cheng Long Corp proposes $1 billion investment in Ba Ria-Vung Tau

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Báo Đầu Tư English 1 week(s) ago

Cheng Long Corp proposes $1 billion investment in Ba Ria-Vung Tau

Taiwan-based Cheng Long Corporation recently announced their plan to build a paper manufacturing facility for a total $1 billion investment in the southern province of Ba Ria-Vung Tau.

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Businesses believe APEC’s free trade agreement will bring few benefits

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VietnamNet English 1 week(s) ago

Businesses believe APEC’s free trade agreement will bring few benefits

VietNamNet Bridge – The proposed APEC free trade agreement (FTAAP) is expected to be on a larger scale than the Trans Pacific Partnership (TPP) agreement, but many Vietnamese businesses are not enthusiastic about the trade pact.

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