Foreign capital also flew back to the market HA NOI — Shares rebounded on Wednesday as the risk-averse mood eased and foreign investors came back to the market. The market’s benchmark VN-Index on the southern bourse, Ho Chi Minh Stock Exchange (HoSE), snapped a three-day losing streak to end higher at 1,040.8 points. It lost 5.95
In the long term, according to VSA, Viet Nam’s steel demand will continue to grow from 240kg per capita to 290kg per capita in 2030. Steel demand will be concentrated on alloys or high-quality steel. HA NOI — Viet Nam’s steel market is likely to recover in the third and fourth quarters of this year
Steel industry looks back a year: Difficult, even more difficult!
Steel industry looks back a year: Difficult, even more difficult! The decline in business of big names like Hoa Sen (HSG), Nam Kim (NKG), even Hoa Phat (HPG) is a sign of a sharp decline in Vietnam’s steel industry. The statistics also showed that by the end of the third quarter of 2018, 11 steel
The common point of steel enterprises in the first half of 2019 is the increase in raw material prices, leading to increased cost of goods sold and reduced profits.
In the first 6 months of 2018, Vietnam's steel industry achieved positive growth. To achieve the set goals for the year, steel enterprises will have to overcome many difficulties.
Assessing the prospects of the steel industry in the second half of 2019, analysts said that the increased competitiveness in the coming years will be a test with steel enterprises about market share, the ability to maintain profits and cash flow.