Vietnamese billionaire Pham Nhat Vuong’s steel firm raises charter capital to $570mn
Economy 11:09 15/11/2025VinMetal Joint Stock Company, a newly-established subsidiary of billionaire Pham Nhat Vuong’s Vingroup, has increased its charter capital from VND10 trillion (US$380 million) to VND15 trillion ($570 million), according to its business registration update released on Thursday.
Vietnam probes possible duty evasion on Chinese hot-rolled steel imports
Economy 14:16 29/10/2025Vietnam’s Ministry of Industry and Trade has opened an investigation into suspected circumvention of anti-dumping duties on hot-rolled steel coil (HRC) imports from China wider than 1,880 millimeters, the ministry said on Monday.
EU targets foreign steel to rescue struggling sector
World 10:18 08/10/2025The EU moved Tuesday to double tariffs on foreign steel -- taking a leaf from U.S. President Donald Trump's book to shield the bloc's struggling industry from a flood of cheap Chinese exports.
EU to halve steel import quotas to preserve domestic industry
World 10:15 08/10/2025BRUSSELS -- The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50-percent duty for excess shipments in a bid to preserve viable steelmaking in the European Union.
Vietnam’s Vingroup makes first foray into steel industry
Economy 10:56 07/10/2025Vietnam’s leading private conglomerate Vingroup has entered the steel industry with the establishment of VinMetal Joint Stock Company.
Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports
Economy 15:35 17/09/2025Vietnam’s customs authority said on Tuesday it acted in accordance with the law when it imposed a VND304 billion (US$11.5 million) tax and penalty on Posco VST, after the South Korean-invested steelmaker failed to declare that imported duty-free steel had been diverted to the domestic market.
Vietnam’s wide HRC imports rise after duties imposed on narrower Chinese steel
Economy 09:38 22/08/2025Vietnam has seen a sharp rise in imports of wide hot-rolled coil (HRC) steel products since imposing anti-dumping duties on narrower HRC from China.
Narrow loophole allows cheap steel imports to flood Vietnam
Economy 11:19 29/07/2025Vietnam has seen an influx of cheap hot-rolled coil (HRC) steel given a regulatory loophole that allows importers to bypass anti-dumping duties by slightly altering product dimensions.
Malaysia puts anti-dumping duties on some China, S.Korea, Vietnam iron, steel
World 09:19 06/07/2025Malaysia said on Saturday it has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea and Vietnam.
Surge in wide HRC steel imports from China alarms Vietnamese steel industry
Economy 11:57 26/06/2025Imports of wide hot-rolled coil (HRC) steel from China have climbed in the first months of the year, alarming a reduction of the efficacy of Vietnam’s anti-dumping efforts.
Canada could slap more duties on US steel and aluminum, says Carney
World 12:17 20/06/2025OTTAWA - Canada could increase counter-tariffs on U.S.-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on Thursday.
Vietnam imposes anti-dumping duties on steel imports from China
Economy 08:46 22/02/2025Tariffs range from 19.38 percent to 27.83 percent
