Thang Long Cement JSC, a joint venture between the state-run Vietnam Machinery Installation Group (Lilama) and Hanoi General Export Import Corporation (Geleximco), sold 800,000t of cement in the first eight months of this year, fulfilling 57% of its full-targets.
The figure was released at the launching of its PCB40 cement in the central and central highlands regions on September 15, the Communist Party of Vietnam said late Thursday.
This year, Thang Long Cement JSC targets to sell 1.4Mt of cement and 1.8Mt of clinker.
Currently, the firm is trying to complete the grinding station in Hiep Phuoc Industrial Park in Ho Chi Minh City with the total investment of VND1.4trn and an annual capacity of 1.25Mt in the first period.
The firm plan to operate the facility in early next year.