Vicem increases cement prices, Vietnam

Vicem increases cement prices, Vietnam
Published: 10 February 2011

Vietnam Cement Industry Corporation (Vicem), which now holds 40% domestic market share, has raised prices of their cement by VND60,00/t (US$3.08).

The rise is blamed for the recent devaluation of Vietnamese dong versus US dollar along with price hikes of input materials including coal and power, the Thanh nien newspaper reported Wednesday.