Cement News tagged under: Vietnam
Vietnam's cement and clinker exports rise in August17 September 2020, Published under Cement NewsVietnam exported 4.2Mt of cement and clinker worth US$148.3m in August, rising 31.4 per cent MoM in volume and 24.3 per cent in value, according to the General Department of Vietnam Customs. In the 8M20 the country exported 23.9Mt of cement and clinker worth US$882m, up 1.2 per cent YoY in value and 15.7 per cent in volume. China was the biggest buyer during this period, importing 12.6Mt worth US$415.5m. This accounted for 53 per cent of Vietnam’s cement and clinker export volumes and 47 ... |
Cement sector pushes up Vietnam's CO2 emissions forecast for 203015 September 2020, Published under Cement NewsVietnam has submitted its forecast for CO 2 emissions by 2030 to the United Nations and has factored in the cement sector for the first time. Under the new plan the country only expects to cut its greenhouse gas emissions growth by nine per cent or nearly 84Mt of CO 2 by 2030 compared to its projections using 2014 as a baseline. Emissions are still expected to grow by 844Mt of CO 2 during that time. Vietnam is expanding the scope of the country’s climate plan to include emissions from in... |
Vietnam's cement sector sees exports rise on higher Chinese demand11 September 2020, Published under Cement NewsThe Vietnam Cement Association (VNCA) shows that the 1H20 recorded a 12 per cent decrease in the industry’s consumption compared to the same period for the domestic consumption channel. The reason comes from the slowdown in construction activities. However, recently, cement demand has gradually recovered. Noticeably, the export volume maintained the growth rate thanks to the significant increase in demand from the Chinese market since the second quarter. The latest clinker and cement exporr... |
Vietnam reports surge in exports in July25 August 2020, Published under Cement NewsCement sales in Vietnam fell eight per cent YoY but edged up by two per cent to 5.335Mt in July 2020, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM dispatched 1.765Mt, down six per cent YoY but up four per cent MoM, while its joint ventures saw sales decrease by 13 per cent YoY although MoM they advanced one per cent. VNCA reported sales of other Vietnamese cement producers down by seven per cent YoY, but up two per cent MoM. In terms of exports, volumes... |
Ha Tien 1 Cement sees revenue down 14%25 August 2020, Published under Cement NewsVietnam’s Ha Tien 1 Cement JSC has seen its net revenue decline 14.1 per cent YoY to VND2035bn (US$87.1m) in the second quarter of 2020. Gross profit posted a minor decline of 2.6 per cent YoY to VND419.8bn. The company recorded a pretax profit of VND257.5bn, falling nearly VND3bn compared to the 2Q19. In the first half of the year, net revenue was down 13.7 per cent YoY to VND3767bn while pretax profit edged upwards to VND397bn. As a result, the first half has met 44 per cent of the r... |
Vietnamese export volumes rise 11% in the 7M2018 August 2020, Published under Cement NewsVietnam exported 19.5Mt of cement and clinker worth US$732m in the first seven months of 2020, up 11.4 per cent YoY in volume but down 5.4 per cent in value, according to Dau Tu (Investment). In the seven-month period, the major export markets included China, the Philippines and Bangladesh. Last year, the Ministry of Construction forecast that Vietnam would sell 101-103Mt of cement and clinker in 2020, rising 4-5 per cent YoY, which would include 32-31Mt of exports. However, the predic... |
Vietnamese exports surge while domestic sales fall in June11 August 2020, Published under Cement NewsCement sales in Vietnam fell by eight per cent in June 2020 when compared to June 2019, according to the Vietnam National Cement Association (VNCA). Shipments reached 5,215,388t, noting a similar MoM decrease from 5,680,883t in May 2020. Of this total, VICEM reported an eight per cent YoY decline to 1,693,426t while sales of its joint ventures were down 10 per cent YoY to 1,371,962t in June. Other cement companies saw their dispatches drop by six per cent to 2,150,000t. Exports surged 36... |
SCG sees dip in Vietnam's revenue from sales06 August 2020, Published under Cement NewsThailand’s Siam Cement Group (SCG) has seen its revenue from sales in Vietnam drop five per cent YoY to VND13.1trn (US$564.6m) in the first half of 2020, according to Vietnam News. The figure accounted for 8.8 per cent of SCG’s total revenue during the six-month period. In the 2Q20, its revenue from sales in the country reached VND7trn, equivalent to 40 per cent of the total revenue from ASEAN markets, excluding Thailand, compared to 30 per cent in 2019. |
Vietnam cement and clinker exports rise 36% in July31 July 2020, Published under Cement NewsVietnam has exported an estimated 3Mt of cement and clinker with a value of US$117m in July, according to the country’s General Statistics Office. This represents a rise of 35.5 per cent in volume and 30.2 per cent in value when compared with July 2019. In the first seven months of 2020 total cement and clinker exports stood at 19.46Mt, up 9.4 per cent YoY. Their value fell 3.4 per cent YoY to US$732m. |
thyssenkrupp Industrial Solutions relocates Asia Pacific cement business HQ to Vietnam17 July 2020, Published under Cement NewsthyssenKrupp Industrial Solutions has moved is Asian-Pacific headquarters to Hanoi in Vietnam. The company has more than 80 employees in its Vietnam office with further regional offices in Singapore, Indonesia, the Philippines and Thailand. "Considering that Vietnam is the largest market in terms of cement production in our dynamic and growing Asia Pacific region," says Pablo Hofelich, CEO of thyssenKrupp's Cement Technologies. "I am convinced of the success of this strategic move to bundle... |