Consumption of steel in the first seven months of 2020 fell 9.6% year-on-year to 12.37 million tonnes, according to the Vietnam Steel Association (VSA).
The Vietnam Sports Administration (VSA) is pressing ahead with preparations for the 31st Southeast Asian Games (SEA Games 31) and the 11th ASEAN Para Games to be hosted by Vietnam in 2021, according to a leading official of the VSA.
The European market is expected to become a key target of Vietnamese steel exporters when the EU-Vietnam Free Trade Agreement (EVFTA) fully comes into effect, insiders have said.
The Vietnam Sports Administration (VSA) is seeking government approval for international sports experts and coaches to enter Vietnam and prepare for upcoming tournaments.
The Vietnam Sports Administration (VSA) on June 4 held a meeting to prepare for the upcoming session of the Southeast Asian Games Federation (SEAGF).
The Vietnam Steel Association (VSA)’s member enterprises suffered a strong reduction in production and business in the first quarter of this year due to the COVID-19 pandemic.
Domestic steel producers are concerned over the influx of Chinese steel products, which will continue to be distributed throughout the country once the COVID-19 virus is brought under control, noting that steel sales plunged by 35%-40% in the first two months of the year, according to the Vietnam Steel Association.
The 2020 Olympic running day for public health has been postponed due to fears that mass gathering for the race will put people at risk of being infected the new coronavirus (SARS-CoV-2), according to the Vietnam Sports Administration (VSA).
National and international sporting events scheduled in Vietnam this February will be suspended in a bid to prevent the spread of the new strain of coronavirus (nCoV), according to the Vietnam Sports Administration (VSA).
Vietnam’s steel production was forecast to grow slightly, at about 6-8 percent, this year, reported the Vietnam Steel Association (VSA).
The steel industry experienced many difficulties in 2019 due to stronger steel imports and reduced sales of locally made products at home and abroad.
Consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).
The Ministry of Finance has postponed its plan of increasing the most-favoured nation (MFN) tariff on imported hot rolled steel coil (HRC) from zero percent to 5 percent after collecting opinions from businesses and experts.
Escalating trade tensions and rising protectionism have caused a formidable pressure on Vietnamese steel sector, according to insiders.
Vietnam’s steel production and consumption in the first half of 2019 recorded respective increases of 7.7 percent and 9.8 percent year-on-year, according to the Vietnam Steel Association (VSA).
The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.
Vietnam signed over 50 cooperation agreements and treaties with countries, territories, and international sports organisations around the world during 1998 to 2016, a period that has seen the most thriving development in the sporting sector, said vice head of the Vietnam Sports Administration (VSA) Le Hoang Yen.
Prime Minister Nguyen Xuan Phuc urged Vietnamese students to equip themselves with broad knowledge in the digital era at a plenary session of the 10th national congress of the Vietnam Students’ Association (VSA) in Hanoi on December 10.
In recent months, Vietnam’s steel industry has had to compete with a rising amount of imported steel in the domestic market and faces a number of anti-dumping investigations in export destinations, reported the Ministry of Industry and Trade.
More than 7,000 athletes are competing in the National Sports Games which is taking place in Hanoi, the northern province of Hoa Binh and the central province of Khanh Hoa from November 15 to December 10.