Steel, mechanical firms in struggle for survival amid COVID-19 | Business
Vietnamese steel and mechanical enterprises have felt a critical impact from the COVID-19 pandemic. (Photo: VNA) Hanoi (VNA) - Vietnamese steel and mechanical enterprises have felt a critical impact from the COVID-19 pandemic, with a gloomy market and sharply declining orders, and are in need of further support from the Government. A wide range of steel companies reported sluggish manufacturing and low transaction numbers due to project delays as a result of social distancing measures. The Vietnam Steel Association (VSA) said that steel consumption has fallen as the construction sector has...