Cement Corporation sells 7Mt, Vietnam

Cement Corporation sells 7Mt, Vietnam
Published: 12 July 2006

The Vietnam Cement Corporation said it had sold 7Mt of cement this year, five per cent more than during the same period last year.  The figure represents 57 per cent of the company’s full-year target, said the chairman of the corporation’s management board, Le Van Chung.  
 
The corporation posted earnings of VND258bn (US$16m) by the end of June, and paid VND370bn ($23m) in taxes to the State budget.  
 
It plans to produce a total of about 14Mt to meet market demand in the remaining six months of the year when many new construction projects are scheduled to begin, said Chung.