Aluminum developed by real estate
According to representatives of Ngoc Diep Aluminum Company, construction industry Growth is an opportunity for the building materials industry to develop, including aluminum.
Representatives of the company said that the real estate market recovery in recent years is a good signal for the construction material enterprises, which have aluminum materials. At that time, the demand for materials for the works and projects will increase sharply.
According to data from the Vietnam Association of Mechanical Industry (VAMI), aluminum consumption in the country increased on average by 15-20% a year.
However, before the rapid development, many foreign enterprises also enter Vietnam to compete. This is a great barrier for aluminum manufacturers in developed countries, aluminum bar shaped products are subject to strong competition, especially high-end aluminum bar market.
This poses a challenge to the aluminum industry in the country, how to compete and attract customers. Because when consumers are familiar with foreign goods, domestic products do not meet the quality and price will not be competitive.
“If aluminum bar shaped products are of good quality and reasonable price, Vietnamese enterprises will be able to compete with competitors,” said Ngoc Diep.