Vietnam's top steel businesses are highly valued, as this sector benefits from a variety of domestic and international variables.
Hoa Sen Group (HoSE: HSG) posted VND273 billion in 3Q FY24, up 18x year on year thanks to a 38% year on year increase in sales volume and a 201bps increase in gross...
Vietnam's steel industry is facing fiercer competition from foreign rivals as imported products, particularly those from China, have flooded the domestic...
There is currently no negative signal on the VN-Index and the upward momentum will continue this week.
The profits of steel industry enterprises in the second quarter of 2024 recorded very high growth compared to the same period, but there are still differences, some...
The steel industry in Vietnam is expected to have a positive outlook for 2024, with major companies like Hoa Phat and Hoa Sen projected to experience significant...
According to SSI Research, the recognition of Vietnam's market economy status will provide significant long-term benefits to Vietnamese manufacturing and export...
As capital flows no longer flood heavily into banking sector equities, they may transfer to other large-cap stock groupings, with the steel industry predicted to...
The number of under-way property projects showed growth in the North and recovery in the South. That would help demand for construction materials recover in the...
While steel prices have continued to fall and demand remains low, the steel industry is expected to recover at the end of this year.
In the third quarter of 2018 compared to the corresponding period in 2020, Vietnam's total steel sales volume decreased by 11%.
Steel producers will be less pressured because raw material prices are still much lower than those in early May and selling prices have started to rebound slightly.
Due to inflows of public investment in infrastructure, Vietnam's steel consumption output appears to be improving, and civil construction activities have rebounded.
VDSC believed coated steel export volume to Europe would be robust until 2022 owing to favorable trade policies and increasing demand.
The Covid-19 pandemic halted domestic construction activities, thereby reducing domestic steel consumption. Therefore, many steel enterprises have promoted export and...
In the coated steel segment, VDSC said, exports would remain strong in 2H2021 as several producers, such as HSG, NKG… received sufficient orders for production until...
In the first six months of the year, despite being significantly affected by the Covid-19 pandemic, many businesses still recorded very positive business results and...
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