Hoa Phat records 78-percent growth in steel pipe export

Steel maker Hoa Phat has reported that the export of steel pipe products produced by its subsidiary - Hoa Phat Steel Pipe Co., Ltd - in the first five months of 2020 surged by 78 percent year-on-year despite the COVID-19 pandemic.
Hoa Phat records 78-percent growth in steel pipe export ảnh 1Illustrative image (Photo: https://www.hoaphat.com.vn/)

Hanoi (VNA) - Steelmaker Hoa Phat has reported that the export of steel pipe productsproduced by its subsidiary - Hoa Phat Steel Pipe Co., Ltd - in the first fivemonths of 2020 surged by 78 percent year-on-year despite the COVID-19 pandemic.

Accordingly, key products of the firm imported by foreign partners in theperiod were black steel pipes, hot-dipgalvanized steel pipes, and galvanisedsteel pipes.

Along with boosting exports, Hoa Phat Steel Pipe Co., Ltd. has also introduced newproducts and diversified types of steel pipes to serve the demand of customers.

Thanks its efforts, Hoa Phat has still maintainedexport revenue despite the COVID-19 outbreak, which negatively affected importactivities in many countries worldwide.

High quality products of the firm have been sold in the US, Canada,Australia, Mexico and other Southeast Asian countries.

In 2019, Hoa Phat’s steel export volume increased by 17percent compared to the previous year, reaching 19,100 tonnes./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.