Business News

Pebsteel was honored to participate in the Vietnam Sustainable Construction Forum 2026 (VSCF), joining industry experts, businesses, and organizations from Vietnam and around the world to exchange insights and explore solutions for advancing sustainable, low-carbon construction. A highlight of the event was Pebsteel being recognized among the Top 17 Pioneering Companies in Sustainable Construction – Building Materials Category.

On 14 July 2026 in Guangdong, KN Industrial City (KNIC) signed Memoranda of Understanding with three influential business and social organisations from the Greater Bay Area and Shenzhen, marking a new step in strengthening investment connections between Vietnam and one of Asia’s most dynamic economic regions.

A new growth race is taking shape across Việt Nam, but this time it is not just about which province expands the fastest. The latest gross regional domestic product (GRDP) figures reveal a deeper shift in the way the country is managing its economy, with localities increasingly expected to become independent growth engines rather than simply implementing centrally assigned policies.

Hải Phòng City has emerged as one of Việt Nam's key logistics hubs thanks to an integrated transport network combining expressways, an international airport, a planned high-speed railway and a deep-water port capable of handling vessels of more than 200,000 deadweight tonnages (DWT) with direct connections to Europe and the Americas.

Despite strong performance, industry experts said there was still considerable room to expand Việt Nam's fruit and vegetable exports to China. However, they noted that this would depend on Vietnamese producers improving product quality, traceability, processing capacity and logistics to meet China's increasingly stringent import requirements.

Việt Nam's footwear industry is stepping up efforts to build greener production and strengthen domestic supply chains as it seeks to maintain export growth amid global uncertainties. The sector earned nearly US$12 billion from exports in the first half of 2026. During the period, Việt Nam also overtook China to become the largest footwear supplier to the US market for the first time.

At an investment promotion conference held on July 14, Trương Văn Tiến, director of the provincial Investment, Trade and Tourism Promotion Centre highlighted the strategic advantages of the Vân Phong deep-water port and Cà Ná port, saying the facilities would underpin the development of port services, logistics, shipbuilding, energy and other marine-based industries.

Vietnamese steelmakers are contending with a triple blow of mounting trade barriers, tougher green production mandates and persistent global market turbulence. A manufacturing rebound, public investment-led domestic demand and a drive to sharpen competitiveness are nonetheless giving the industry space to sustain its growth trajectory.