The subject focuses on trading steel products. Besides, the company also trades food, chemical and paper. Import markets include Japan (mainly), South Korea, China, Taiwan, China... Besides domestic market, the subject also exports to Japan.In 2021, steel companies took advantage of higher steel price and lower production costs. In 2022, due to high inflationary rate and instable global economy, the steel industry suffered from a decline in both production and consumption. In Vietnam, the real estate market has also been gloomy that also drastically decreases steel construction demand. In 2023, the recovery in global economy is not actually optimistic, even when China starts to reopen its economy. Most noticeably, geopolitical tensions are escalating and worrisome coronavirus variants still exist. Accordingly, business environment is forecasted to contain unpredictable oscillation.
Headquarters
Room 4-1, 19th Floor, A&B Tower, No. 76, Le Lai Street, Ben Thanh Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Postal Code: 70000-74000
Contact Details: Purchase the Hanwa Vietnam Co., Ltd. report to view the information.
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