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Even though most of the Vietnamese steel factories are exporting their steel overseas (50% of domestic steel is consumed), Vietnam has become a major net importer of steel. According to the Vietnam Steel Association (VSA) in 2012, Vietnam exported 2 million tonnes of steel with the total turnover of 2 billion dollars.
Read more about SMU’s Industry Study Mission Vietnam 2014 visit to Thai Nguyen Iron and Steel Jointstock Co (TISCO).
Credit: International Trading Institute@SMU