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The steel sector in 2024 is predicted to have a bright future due to the worldwide surge in steel prices, increasing domestic demand driven by transport infrastructure activities, and the prospect of enhanced profit margins.
Prime Minister Pham Minh Chinh highlighted the Ministry of Planning and Investment's achievements at a conference on January 11
The European investment picture in Vietnam is still some way off reaching its potential, but trends indicate forward motion moving through this year and beyond.
Current obstacles in liquefied natural gas import costs and electricity selling prices mean it will be difficult for Vietnam to achieve its set targets for gas power capacity.
Firefighters battled for three hours to stamp out the blaze