Hanoi, Vietnam, Feb. 9 -- The strategy aims to develop the steel industry in line with national and international standards to meet 80-85 percent of domestic demand by the end of this decade and around 85-90 percent of domestic demand by 2035.
Annual steel output is expected to increase to 25-26 million tons by 2030, 33-36 million tons by 2035, and 75-80 million by 2050.
The strategy also sets out tasks and solutions related to institutional and policy formulation; market development; science and technology; human resources; environmental protection; and a number of specific measures by steel product groups.
Specifically, the strategy plans more investment in technology and equipment to enhance production capacity and quality for steel p...