The International Trade Practices Unit (UPCI) of Mexico’s Ministry of Economy has decided to adjust the tax rate imposed on galvanised steel imports from Vietnam, according to the Ministry of Industry and Trade (MoIT).

VOV.VN - Hoa Phat Group, Vietnam’s largest steel maker, said that it has received several export orders during the opening month of the year from markets such as the United States, Canada, Mexico, Puerto Rico, Australia, Malaysia, and Cambodia.

Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.

Hoa Phat Group has signed a contract to export 10,000 tonnes of steel wire in coil form to Europe.

Foreign Ministry spokesperson Le Thi Thu Hang has reiterated Vietnam's consistent stance that protecting the living environment and people's health is always the top goal, without sacrificing the environment for economic growth, in response to the information that some US congressmen sent a letter of protest to the Taiwanese (China) authorities saying Vietnam's handling of the Formosa case was not satisfactory.

The UK – Vietnam Free Trade Agreement (UKFTA) was providing significant opportunities for Vietnam to expand the export of steel and iron products in the UK.

VOV.VN - Vietnam is willing to hold trade talks with the United States to timely solve arising problems and strengthen bilateral economic, trade and investment relations, in the interest of businesses and people of the two countries.

VOV.VN - The US Department of Commerce (DOC) has officially initiated an investigation into trade remedy tax evasion on a number of steel pipe products imported from Vietnam, according to information given by the Trade Remedies Authority of Vietnam (TRAV).

VOV.VN - The Mexican Secretariat of Economy has announced its plan to initiate an anti-dumping investigation into cold-rolled sheets originating from Vietnam.

VOV.VN - Hoa Phat Group, the nation’s largest steel maker, announced that it has signed a contract to export a shipment of 8,000 tonnes of construction steel to Mexico this August.