In 2021, Vietnam spent 11.5 billion dollars importing more than 12.3 million tons of steel and iron, down 7.1 percent in volume but up 42.6 percent in value against 2020, according to its General Statistics Office.
China has introduced a catalogue of recommended energy-saving technologies and equipment to help enterprises improve energy efficiency and reduce costs.
The low-carbon field is now the new frontier for China-Australia cooperation and innovation, so deepening collaboration between the two countries in related areas will prove win-win and also benefit the world, experts and business leaders said on Monday.
The recent operation of China's largest coal-bed methane field in Qinshui county in Jincheng city has made the headlines of the energy industry in Shanxi province.
Posco's initiatives are in line with South Korea's hydrogen roadmap as the country aims to establish large-scale domestic and overseas production bases and achieve 7.1pc of clean hydrogen power generation by 2036.