That a series of key projects have been deployed and important infrastructure works have been built for the past 2 years has completely enhanced Haiphong image to be more civilized and modern. This has also contributed to the impressive growth of the steel industry.

Along with the large investment in traffic infrastructure and civil and industrial construction works, Vietnam’s steel industry is developing robustly with an average growth of 12%. Haiphong steel industry alone has made a growth of roughly 20% thanks to the city’s breakthrough development in infrastructure as well as execution of many civil and public works. For a big steel producer like SSE Steel Co., ltd, in 2017, its steel output soared 15% over 2016, higher than the average growth of 10% of the local steel industry. In the first 5 months of this year, this producer’s steel output hit nearly 170.000 tons, grew 16%.