According to experts, reducing production costs, increasing steel quality to compete and expanding export markets are the prerequisite solutions for Vietnam’s steel industry. The free trade agreement between Vietnam and the Customs Union provides a large export market for seafood and agricultural products. However, the domestic steel industry faces a big challenge, which is imported Russian steel. In this confrontation, what is the strategy of the Vietnamese steel industry to coexist?
What does the Vietnamese Steel Industry do to survive?
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