Vietnam’s Steel Industry
The EU CBAM Challenge: Navigating the new “Rules of the Game” for Vietnam’s Steel Industry
The EU Carbon Border Adjustment Mechanism (CBAM) has emerged as a formidable new challenge that Vietnamese steel enterprises must face, impacting their competitiveness directly in the EU market. With financial obligations officially commencing in 2026, the steel industry-one of the sectors most heavily affected-stands at a critical juncture. Delay in adaptation will not only lead to increased costs but also...
Vietnam’s Steel Industry and CBAM: From “Carbon Barrier” to Green Competitive Advantage
The EU has long been a lucrative market for steel exports; however, the CBAM framework presents the Vietnamese steel industry...