VIS has published its financial statement for the fourth quarter of 2018. Accordingly, the company had to suffer a loss of VND195.6 billion ($8.5 million), bringing its accumulated loss for the whole year to VND326 billion ($14.2 million). This is the third consecutive quarter that the companies sees bleak business results.
Reducing the import tax for construction steel products will threaten domestic steel production, the Viet Nam Steel Association (VSA) has said.