Vietnam speeds up steel sector upgrade to boost self-reliance, green transition

Vietnam is reportedly accelerating the restructuring and upgrading of its steel industry, aiming to shift toward higher value-added, technology-driven, and greener production, while strengthening domestic self-reliance.

Vietnam's Deputy Prime Minister Bui Thanh Son recently signed a resolution, approving the national strategy for the development of the steel industry through 2030 and with a vision to 2050, according to an official government release issued earlier this month. The plan sets out a series of ambitious production targets, including