It is expected that in the first phase, greenhouse gas emission quotas will be allocated to 150 facilities with large emissions in 3 fields:

The steel industry is expected to benefit the most from the project, especially when the Government prioritizes the use of domestically

According to forecasts of the Ministry of Industry and Trade, finished steel production in 2024 could reach 30 million tons.

The Vietnamese steel market is a lucrative piece of cake that many businesses compete for, with many new forces emerging.

China's efforts to bolster exports by slashing prices below $1,000 per tonne have exacerbated the already rising burden on the steel sector

Weak steel demand makes the steel industry's revenue in the first half of 2023 estimated to decrease by 70-80% compared to the same period

Though local steelmaker Hoa Phat Group ramped up production in April, with raw steel output rising 19% month-on-month to 525,000 tons

Iron and steel, cement, fertilizer, aluminum, electricity, and hydrogen are products that will be subject to carbon tax when exporting

The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse

Data from the International Trade Centre ( ITC) showed that Vietnam earned $170 million from exporting galvanized steel to Mexico in 2020,

Since mid-2022, steel enterprises have continued to face difficulties and profits have declined due to impacts from domestic and

From 7-2, the selling price of all kinds of steel continued to increase. This is the 4th price increase in less than 1 month.