Tags: ca na

PM halts US$10.6 billion steel plant

PM halts US$10.6 billion steel plant

Prime Minister Nguyen Xuan Phuc has halted construction of the US$10.6-billion Hoa Sen Ca Na steel plant in south-central province of Ninh Thuan, while requiring more studies to be completed on the consumer demand and the environmental impact of the plant.

Steel industry development strategy seen as problematic

Steel industry development strategy seen as problematic

Experts have voiced their concern about the development strategy of the Ministry of Industry and Trade (MOIT) for the steel industry, saying that it would have negative consequences, both economic and environmental.