Two foreign firms express their interest to steel sector consultation
By the end of February, Japan’s Deloitte and Germany’s Roland Berger consulting firms are interested in offering their services to draw up Vietnam`s steel sector master plan, the Department of Heavy Industry under the Ministry of Industry and Trade.
Japan’s Deloitte and Germany’s Roland Berger consulting firms expect to offer consultation services for a master plan for the steel industry development.
According to the Department of Heavy Industry, in the end of February, the two consulting firms had sent letters expressing interest.
The department said that the two foreign firms are eligible to become consultants who can help with the master plan.
The department has put in place an advisory team to select the suitable agency based on their capabilities. It will be the selected consulting firm’s job to determine the development trend of the steel sector in the world and the region.
The selected firm will also have to assess Vietnam’s competitiveness in the sector compared to other countries, help choose contractors and technologies, and evaluate the environmental impact in implementing the master plan.
According to the department, before this a foreign consulting firm has not been hired to draw up the master plan.
The department hopes that an independent foreign company will be able to offer an objective view about the country’s steel sector.
On December 28, 2016, Minister of Industry and Trade Tran Tuan Anh approved the department’s draft of the master plan for steel production till 2025, with a vision till 2035.
According to the Department of Heavy Industry, in the end of February, the two consulting firms had sent letters expressing interest.
The department said that the two foreign firms are eligible to become consultants who can help with the master plan.
Illustrative image
|
The selected firm will also have to assess Vietnam’s competitiveness in the sector compared to other countries, help choose contractors and technologies, and evaluate the environmental impact in implementing the master plan.
According to the department, before this a foreign consulting firm has not been hired to draw up the master plan.
The department hopes that an independent foreign company will be able to offer an objective view about the country’s steel sector.
On December 28, 2016, Minister of Industry and Trade Tran Tuan Anh approved the department’s draft of the master plan for steel production till 2025, with a vision till 2035.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years