Japanese steel firm Kyoei Steel has registered to purchase two million shares in Viet-Italy Steel JSC (VIS) to increase its ownership to 70.42 per cent.
Three Vietnamese steel firms will pay zero tax after answering the
anti-dumping questionnaire of the US Commerce Department (DOC). But
other Vietnamese exporters of steel pipes will pay the maximum tax of
113 per cent.
Hoa Phat Group earned VND27.86 trillion (US$1.24 billion) in revenue and
VND3.5 trillion in after-tax profit in 2015, 24 per cent and eight per
cent, higher than the target, respectively.