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Hoa Phat posts highest crude steel output to date in January | Business

Illustrative photo (Source: VNA)
Hanoi (VNA) - The
Hoa Phat Group, Vietnam’s leading steel
producer, produced more than 670,000 tonnes of crude steel in January, its highest
output to date and representing an annual growth of 67 percent.
The conglomerate said the fourth blast furnace at its Hoa Phat Dung Quat
iron and
steel production complex came into operation in the opening month of the
year, officially raising its total
This created favourable conditions for the firm to boost its manufacturing of
hot-rolled coil (HRC), for which it has set a target of 2.7 million tonnes this
year.
Hoa Phat’s finished construction steel output, meanwhile, grew 6 percent ....

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Export of farm produce down due to container shortage | Business

Processing cashew nuts for exports (Photo: VNA)
Hanoi (VNS/VNA) - Exports of many agricultural products continued to
decline sharply in January due to a shortage of empty containers.
According to the General Department of Customs, in the first half of January,
exports decreased by 46 percent in volume and nearly 43 percent in value
to 52,000 tonnes and 95 million USD, respectively, compared to the same period
of 2020.
Rice exports also fell sharply by 44 percent in volume to 131,000 tonnes and 38
percent in value to 72 million USD.
Fruit and vegetable exports reached 130 million USD, 33 percent lower than the
same period of last year.
The general department said some other farming products also saw a strong ....

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