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According to the latest report of the Vietnam Steel Association (VSA), from the beginning of the year until now, steel production has reached more than 11.6 million tons, down 8.1 percent over the same period last year. The sales of steel enterprises have also encountered many difficulties as the market was affected by the Covid-19 pandemic. Accordingly, steel sales only reached 10.4 million tons, down 10.7 percent over the same period last year. In which, steel exports exceeded 1.8 million tons, down 24.6 percent over the same period. In June alone, Vietnam exported more than 300,000 tons of steel to foreign markets, with a turnover of nearly US$250 million, up 14.5 percent over the previous month but down 21.9 percent over the same period last year. This is a rather pessimistic figure for enterprises in the steel industry. In the structure of export markets, VSA said that currently, steel exports to the Southeast Asia market accounts for 54.75 percent of total export volume and 57.8 … [Read more...] about Vietnamese steel tries its strength in European market

Party General Secretary and President Nguyen Phu Trong sent a wreath to pay tribute to the late leader. Representatives from the Party, State, National Assembly, Government and Vietnam Fatherland Front (VFF) came to the National Funeral Hall to pay last respects to former Party Chief Le Kha Phieu. The delegation from the Party Central Committee was led by Politburo member and Prime Minister Nguyen Xuan Phuc who also headed the delegation from the Government. The National Assembly delegation was led by NA Chairwoman Nguyen Thi Kim Ngan, while the President delegation was led by Party Central Committee member and Vice President Dang Thi Ngoc Thinh. VFF representatives were headed by Secretary of Party Central Committee and President of the VFF Central Committee Tran Thanh Man. Former Party General Secretary Nong Duc Manh; former Presidents Tran Duc Luong, Nguyen Minh Triet and Truong Tan Sang; former Prime Minister Nguyen Tan Dung; and former NA Chairman Nguyen Van An; and other … [Read more...] about National mourning held for former Party leader Le Kha Phieu

The price of SJC gold, Vietnam’s national brand, had fallen from its peak of VND62 million ($2,669) per tael on August 6 to VND53 million ($2,281) by Wednesday afternoon. However, by Friday morning, it has rebounded to VND56.7 million ($2,441) per tael, following similar global movements. … [Read more...] about VN-Index slumps, ending recovery streak

Over more than 70 years of his revolutionary activities, comrade Le Kha Phieu made great contributions to the glorious revolution cause of the Party and the nation. He was awarded with the Golden Star, an insignia of 70-year Party membership, and many other noble Vietnamese and international orders and medals. … [Read more...] about National mourning held for former Party Chief Le Kha Phieu

Deputy Health Minister Nguyen Truong Son yesterday paid a visit to enterprises in industrial parks in Da Nang City to inspect pandemic prevention task there. There are 490 enterprises with 77,000 employees in industrial parks and high-tech zone. Deputy Health Minister Son proposed enterprises to take proactive preventative measures against Covid-19. … [Read more...] about VN reports 21th death and six new Covid-19 infections