VSA sees slight in­crease in steel sales in July

Viet Nam News - - Business -

HAØ NOÄI — The Vieät Nam Steel As­so­ci­a­tion (VSA) has re­ported that steel con­sump­tion in July was 380,000 tonnes, an in­crease of 1 per cent against last month.

In July, steel plants churned out only 400,000 tonnes, which was lower than the de­signed out­put due to low de­mand.

The Vice Pres­i­dent of VSA, Nguyeãn Vaên Söa said that steel con­sump­tion could de­crease in Au­gust due to the rainy sea­son.

VSA fore­cast that the steel in­dus­try will in­crease busi­ness by 10 per cent this year.

Cen­tral province sets up another fish­ing union

BÌNH THUAÄN — The Bình Taân Fish­ing Union, the fifth of its kind in the cen­tral coastal province of Bình Thuaän, made its de­but in La Gi com­mune on Tues­day.

The union has 150 fish­er­men work­ing on 15 ves­sels. They can help each another in case of nat­u­ral dis­as­ters and other prob­lems aris­ing at sea. At the launch, rep­re­sen­ta­tives from busi­nesses and or­gan­i­sa­tions pre­sented gifts in the form of ship and life in­sur­ance as well as equip­ment worth nearly VNÑ1.2 bil­lion (US$57,142) to mem­bers of the new union.

Bình Thuaän has one of the largest fish­ing fleets in the coun­try with more than 7,000 high ca­pac­ity ves­sels and over 50,000 fish­er­men, who catch some 180,000 tonnes of seafood ev­ery year.

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