#hong kong

The Nam Dinh Vu Industrial Park in Hai Phong.
Gaw NP Capital expanding
Following a project in northern Thai Nguyen province, Hong Kong (China)’s Gaw NP Capital has continued to expand its operations in Vietnam with the construction of a factory at the Nam Dinh Vu Industrial Park in northern Hai Phong city. The fund is also expected to invest $200-500 million to achieve its goal of expanding its land bank in Vietnam to 100 ha this year.
Vietnam’s import of iron and steel scrap increased greatly
Scrap iron and steel imports up sharply
Vietnam greatly increased its importation of scrap iron and steel in the first half of 2021, reaching nearly 3.5 million tons worth $1.4 billion, up 32 per cent and 2.2-fold, respectively, compared to the first half of last year. Sources included Japan, the US, Australia, and Hong Kong (China).