This was nearly 35 percent of Vietnam’s total steel exports in the period, and its value rose 15 times to $844.5 million, according to Vietnam Customs.

China’s customs data shows that steel imports in the first eight months rose 11 percent year-on-year to 759.9 million tonnes.

A worker arranges steel rolls in a factory of Hoa Sen Group. Photo courtesy of Hoa Sen Group.

The country, the largest steel producer in the world, became a net steel importer in June for the first time since the last global recession in 2009 as demand overshot supply in the rapidly recovering economy, the South China Morning Post reported.

The surge in domestic demand for steel has been driven by infrastructure projects and the property market, the report said, citing China’s commodity price reporting agency.

Vietnam’s steel exports in the first eight months to all markets rose nearly 37 percent year-on-year to 5.96 million tonnes, with increases of 195 percent to Brazil and 143 percent to Germany.

Vietnam exports first batch of passion fruit to Europe

The Ministry of Agriculture and Rural Development (MARD) held a ceremony in Gia Lai Province on September 16 to announce the export of the first batch of Vietnam-grown passion fruit to Europe under the European Union-Vietnam Free Trade Agreement (EVFTA).

Vietnam exports S95 construction material for first time

The Hoa Phat Dung Quat Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on September 10, where stern standards and stringent requirements are applied.

Vietnam seeks to bolster rice exports to Africa

Rice exports of Vietnam to African nations have been on the rise and the upward trend may continue in the next year.

Two garment enterprises in Bac Giang recognized “Prestige export company”

(BGO) – The Minister of Industry and Trade has approved and announced the list of 268 “Prestige export companies” in 2019, two of which are from Bac Giang province, namely Bac Giang LGG Garment Corporation Joint Stock Company (Lang Giang district) and Ha Phong Export Garment Joint Stock Company (Hiep Hoa district).

Vietnam forestry products exports increase by 10% despite pandemic

Exports of forest products in the first eight months of the year were worth nearly US$7.83 billion, a year-on-year increase of 10.6%, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.

Source: VnExpress