BHP Steel To Establish Vietnamese Plant

September 2003
Asia Monitor: South East Asia Monitor Volume 1;Sep2003, Vol. 14 Issue 9, p5
Country Report
Country Report
Australian steelmaker BHP Steel has announced plans to set up a AUD160mn (U.S. $105.3mn) metallic coating and painting facility in Vietnam after being granted an investment licence by the Vietnamese government. The plant will be based southeast of Ho Chi Minh City and will supply Vietnam's construction and manufacturing industries. Currently Vietnam imposes a corporate tax on foreign companies of 25%, increasing to 28% in January 2004. This move marks BHP Steel's largest investment in Asia since it became a separate listed company on the Australian stock exchange and is part of the firm's plans to boost its position in Vietnam's manufactured products market.


Related Articles

  • Industry news.  // 33 Metalproducing;Nov99, Vol. 37 Issue 11, p10 

    Presents a roundup of metal industry news as of November 1999. Includes the merger of Europe's strip-casting research projects; Building plans of Nucor Corp.; BHP Steel downsizing.

  • INDUSTRY NEWS.  // 33 Metalproducing;Dec2000, Vol. 38 Issue 12, p24 

    Presents a round-up of news from metal industries, as of December 2000. Steel dumping issue; Australia's BHP Steel; Metal producers; Contracts; Suppliers; Technology developments.

  • BHP expands its international steel rolling operations.  // Asian Business Review;Jun95, p18 

    Reports on BHP Steel International's plan to build roll forming plants in Vietnam, the United States and Papua New Guinea. Estimated costs; Plant capacity planned; Operation schedule of the plants.

  • Newcastle in the afterlife. Murphy, Damien // Bulletin with Newsweek;7/25/95, Vol. 116 Issue 5980, p22 

    Reports on the changes affecting the industries in New South Wales. BHP Steel's decision to lay off workers; Impact of BHP's decision on Newcastle's economy; History of the city; Plans for Newcastle's future.

  • Steeling itself for the challenge. H.G. // Bulletin with Newsweek;2/13/96, Vol. 116 Issue 6009, p43 

    Reports on BHP Steel's experiments with new steel grades aimed to provide cost-effective steel for automobile bodies. Displacement of imported steel from the Australian automobile industry; Rise of BHP's sales to automotive component manufacturers.

  • US venture tests BHP's mettle.  // Bulletin with Newsweek;9/12/95, Vol. 116 Issue 5987, p84 

    Reports that the BHP Steel is embarking on a US$ 400 million expansion in North America. Expansion of mini-mills to sheet steel production; Joint venture of BHP with North Star; Plans of BHP to build a steel plant for the building and construction market of the Pacific North West; Effect of the...

  • BHP sends Courtnall back to Sydney in reorganization.  // Metal Center News;Jul97, Vol. 37 Issue 8, p93 

    Reports on Australian steel manufacturer BHP Steel's decision to send executive Mike Courtnall back to Sydney, New South Wales to head its Coated Steels Division. Reorganization of BHP Steel's overall operations; Courtnall's role in improving the United States operations of BHP Steel; Duties...

  • How BHP created a market in Vietnam. Massey, Murray // BRW;12/12/94, Vol. 16 Issue 48, p29 

    Provides information on the success of BHP Steel's steel plant in Vietnam. Vietnamese customs in settling transactions; Peter Spitzer, Pacific regional manager for BHP Steel's international division; BHP's investment in a steel roll forming operation near Ho Chi Minh City; Vietnam as a...

  • Recip engines fire coalbed methane.  // Power;Mar/Apr2000, Vol. 144 Issue 2, p18 

    Focuses on the Appin Tower Power Project, a mine ventilation air and gas-drainage system developed by BHP Steel and Energy Developments Ltd. Background on how the project was initiated; Operations of the plant; Schedules of plant services.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics