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	<title>Vietnam Business News &#187; Steel</title>
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	<description>The latest business news in Vietnam: banking, finance, stock market, real estate, industries... Including Vietnam trade and economic reports.</description>
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		<title>Vietnam steel price unlikely to decrease</title>
		<link>http://vietnambusiness.asia/vietnam-steel-price-unlikely-to-decrease/</link>
		<comments>http://vietnambusiness.asia/vietnam-steel-price-unlikely-to-decrease/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 17:43:28 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=73925</guid>
		<description><![CDATA[Steel production in January was more than 502,000 tonnes, a 1.4% increase compared with the same period last year, according to the Ministry of Trade and Industry. Despite the long holiday for the Lunar New Year, steel production has increased and this month ends five consecutive months of reduced production compared with last year. However, [...]]]></description>
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		<title>Steel makers face tough year</title>
		<link>http://vietnambusiness.asia/steel-makers-face-tough-year/</link>
		<comments>http://vietnambusiness.asia/steel-makers-face-tough-year/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 16:44:58 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=73804</guid>
		<description><![CDATA[Steel manufacturers would face many difficulties this year after poor sales due to the global economic crisis and some would have to restructure, halt production or go bankrupt, according to the Vietnam Steel Association. The association predicts the demand for steel will remain low this year, rising only 4 per cent over last year. With [...]]]></description>
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		<title>Steel sector sets low 2012 growth target</title>
		<link>http://vietnambusiness.asia/steel-sector-sets-low-2012-growth-target/</link>
		<comments>http://vietnambusiness.asia/steel-sector-sets-low-2012-growth-target/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 17:45:20 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=73606</guid>
		<description><![CDATA[Vietnam’s steel sector targets to achieve only 3-4% growth in 2012, the local news paper Saigon online reported Nguyen Chi Cuong, chairman of Vietnam Steel Association (VSA) as saying. In 2005-2007 period, the steel industry reached growth rate of above 20%, the chairman added. The economic situation in 2012 is expected to be not favorable [...]]]></description>
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		<title>Investments in steel industry slowing down</title>
		<link>http://vietnambusiness.asia/investments-in-steel-industry-slowing-down/</link>
		<comments>http://vietnambusiness.asia/investments-in-steel-industry-slowing-down/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 09:32:57 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=73552</guid>
		<description><![CDATA[It is high possible that no investor would pour money into the steel production since the production has far exceeded the demand. Steel manufacturers have tasted the bitterness from the overinvestment in the sector. Six steel manufacturers got bankrupted in 2011 Dau tu chung khoan has quoted Pham Chi Cuong, Chair of the Vietnam Steel [...]]]></description>
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		<title>Steel consumption expected to rise in 2012</title>
		<link>http://vietnambusiness.asia/steel-consumption-expected-to-rise-in-2012/</link>
		<comments>http://vietnambusiness.asia/steel-consumption-expected-to-rise-in-2012/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 07:53:16 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=73219</guid>
		<description><![CDATA[The growth rate of steel consumption is expected to reach 4 percent by the end of this year, says the Vietnam Steel Association. The prediction is based on the fact that steel consumption in 2011 fell by 10 percent compared to the previous year, due to a series of difficulties. Slow consumption in 2011 made [...]]]></description>
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		<title>Steel, cement suffer huge unsold inventories</title>
		<link>http://vietnambusiness.asia/steel-cement-suffer-huge-unsold-inventories/</link>
		<comments>http://vietnambusiness.asia/steel-cement-suffer-huge-unsold-inventories/#comments</comments>
		<pubDate>Tue, 03 Jan 2012 16:47:20 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=69243</guid>
		<description><![CDATA[The domestic steel and cement manufacturing sectors currently hold a huge amount of unsold inventory due to low consumption in domestic and export markets, high transporting costs, and legal disputes. According to the Vietnam Steel Association, the unsold steel inventory is around 500,000 tons, double the allowable rate; while the Vietnam Cement Association reported that [...]]]></description>
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		<title>Banks more cautious in providing capital to steel industry</title>
		<link>http://vietnambusiness.asia/banks-more-cautious-in-providing-capital-to-steel-industry/</link>
		<comments>http://vietnambusiness.asia/banks-more-cautious-in-providing-capital-to-steel-industry/#comments</comments>
		<pubDate>Tue, 27 Dec 2011 17:23:09 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Banking-Finance]]></category>
		<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam banking industry]]></category>
		<category><![CDATA[Vietnam finance]]></category>
		<category><![CDATA[Vietnam financial]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=68289</guid>
		<description><![CDATA[Vietnam Steel Association (VSA) has reported that 2011 steel production and business saw a negative growth rate of 10-20% which forced banks to become cautious in providing loans to the sector. Currently the steel inventory of VSA members is over 500,000 tons whereas the sales are very slow. In October, the country’s steel consumption reached [...]]]></description>
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		<item>
		<title>Guang Lian’s dream closer</title>
		<link>http://vietnambusiness.asia/guang-lian%e2%80%99s-dream-closer/</link>
		<comments>http://vietnambusiness.asia/guang-lian%e2%80%99s-dream-closer/#comments</comments>
		<pubDate>Mon, 26 Dec 2011 05:51:44 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Guang Lian Steel Company]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=68004</guid>
		<description><![CDATA[Guang Lian Steel Company is optimistic as local authorities are close to handing over a new investment certificate for its steel project in Dung Quat Economic Zone. The company, a subsidiary owned by Taiwanese E-United Group, wants to build a $4.5 billion steel project in the zone, but has had an agonisingly long wait for [...]]]></description>
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		<title>Vietnam steel producers reduce production output</title>
		<link>http://vietnambusiness.asia/vietnam-steel-producers-reduce-production-output/</link>
		<comments>http://vietnambusiness.asia/vietnam-steel-producers-reduce-production-output/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 02:52:04 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=67018</guid>
		<description><![CDATA[In the last days of 2011, Vietnam has witnessed paradox in the domestic steel market when the export and consumption volume of construction steel products declined sharply while stockpiled surged. Statistics of ministry of industry and trade showed that due to slow consumption situation, the steel producers have reduced production output in order to avoid [...]]]></description>
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		<title>Vietnam stop calling for investments into steel, cement projects</title>
		<link>http://vietnambusiness.asia/vietnam-stop-calling-for-investments-into-steel-cement-projects/</link>
		<comments>http://vietnambusiness.asia/vietnam-stop-calling-for-investments-into-steel-cement-projects/#comments</comments>
		<pubDate>Fri, 16 Dec 2011 05:50:45 +0000</pubDate>
		<dc:creator>VBN</dc:creator>
				<category><![CDATA[Cement]]></category>
		<category><![CDATA[Steel]]></category>
		<category><![CDATA[Vietnam steel industry]]></category>
		<category><![CDATA[Vietnam steel market]]></category>
		<category><![CDATA[Vietnam steel prices]]></category>

		<guid isPermaLink="false">http://vietnambusiness.asia/?p=66634</guid>
		<description><![CDATA[Prime Minister Nguyen Tan Dung requested the Ministry of Foreign Affairs to stop calling for investments in steel, cement and garment industries. The request was delivered at the Ministry of Foreign Affairs’ 27th meeting on December 14, 2011. At the meeting, Prime Minister highlighted that it is tasks of ambassadors, commercial counselors to persuade other [...]]]></description>
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