Cement News tagged under: Vietnam

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Vietnam's October sales slip

03 November 2014, Published under Cement News

Vietnam’s cement sales are estimated to have fallen by three per cent YoY during October to 5.37Mt, latest data from the country's Ministry of Construction shows. Of the total sales volumes, domestic shipments accounted for 4.25Mt. In the first 10 months of the year, total sales are estimated to have risen six per cent YoY to 53.22Mt, including 41.51Mt for the local market. Vietnam’s cement sales are predicted to rise by 1.5-3 per cent to between 62-63Mt, comprising 48.5Mt of domest...

Vietnam October output up 10.3% YoY

30 October 2014, Published under Cement News

Vietnam is estimated to have produced 5.2Mt of cement in October, up 8.33 per cent from September and 10.3 per cent from a year ago, the government’s General Statistics Office (GSO) said. In the first 10 months, the country’s cement output has risen five per cent YoY to 48.4Mt, the office said in a monthly report. The GSO has also revised down the country’s cement output in September to 4.8Mt from the earlier estimated figure of 5Mt. In 2013, Vietnam’s cement output hit 56.84Mt, ac...

Vietnam cement prices to rise?

16 October 2014, Published under Cement News

The price of cement in Vietnam could be increased this month, according to the country's Ministry of Finance, without stating a reason for the potential rise. Cement is currently sold for VND1.05m-1.5m/t (US$49.5-70.7) in the northern region and VND1.46m-1.8m/t in the south. Clinker and cement export prices were also stable at US$38.2 and US$55.2/t, respectively, the ministry added.

Vicem Jan-Sept sales edge ahead

15 October 2014, Published under Cement News

State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said it sold 16.14Mt of cement and clinker in the first nine months of this year, up 1.6 per cent from a year ago. Of the total, 13.7Mt of cement and clinker were sold in domestic market, down 4.7 per cent YoY, while 2.43Mt were exported, up 61 per cent. In the third quarter, the corporation’s cement and clinker output rose 1.5 per cent YoY to 5.3Mt, of which 4.74Mt were sold in domestic mark...

Hoang Mai Cement expects revenue at US$80m this year

10 October 2014, Published under Cement News

Hoang Mai Cement JSC (HOM), an affiliate of Vietnam Cement Industry Corporation (Vicem), forecast its net revenue at VND1.7trn (US$80m) and pretax profit at VND45bn, thank to a rebound in demand of cement in the local market. The projection was made by Truong Quoc Huy, director of HOM in a report posted on  a website under the Ministry of Construction. In 2014, the company’s total cement sales are forecast to hit 1.7Mt and clinker sales are predicted at 81,000t, versus respective 1.24Mt of ...

Holcim Vietnam plant to take toxic oil

09 October 2014, Published under Cement News

Authorities in Vietnam’s northern province of Quang Ninh will remove 7000l of toxic oil from the edge of the Ha Long Bay and dispose of it at Holcim's cement plant in Mekong Delta. News website Dan Tri cited a source from provincial authorities as saying the PCB-laced oil will leave the bay for the factory in Kien Giang Province within the coming days. Holcim is capable and properly-equipped to transport the oil, the official said. The oil is contaminated with PCBs (polychlorinate...

Vietnam September output up 4% YoY

02 October 2014, Published under Cement News

Vietnam is estimated to have produced 5Mt of cement in September, up four per cent from the previous month and nine per cent YoY, the government’s General Statistics Office (GSO) said. In the first nine months, the country’s cement output has risen 4.8 per cent YoY to 43.3Mt, the office said in its monthly cement report. The office has also revised down the country’s cement output in August to 4.8Mt from the earlier estimated figure of 5Mt. In 2013, Vietnam’s cement output hit 56.84M...

Vietnam Ministry requests review of cement projects

29 September 2014, Published under Cement News

Twelve cities and provinces have been asked by the Vietnamese Ministry of Construction to review cement plants in the localities under the industry’s master plan until 2020 with a vision to 2030. The request will involve the authorities of Hanoi, Haiphong, Hoa Binh, Bac Can, Ha Giang, Thanh Hoa, Nghe An and Thua Thien-Hu provinces. The ministry’s requirement follows the prime minister’s approval to cancel five cement projects, comprising Cao Duong, Cho Moi, Viet Duc, Long Tho and Ngan Son ...

Indonesia, Taiwan and Malaysia top Vietnam's eight month export table

26 September 2014, Published under Cement News

Indonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in the first eight months of this year, latest data from Vietnam’s Ministry of Industry and Trade shows. During the period, Indonesia imported 1.56Mt of clinker and cement worth US$73m from Vietnam, while Taiwan acquired 933,128t worth US$40m and Malaysia purchased 904,117t worth US$44m. Next in line were the Philippines (721,060t worth US$27m) and Cambodia (348,139t worth US$19m), the ministry ad...

Vietnam approves Vicem privatisation schedule

18 September 2014, Published under Cement News

Vietnam’s Ministry of Construction has approved the privatisation schedule of Vietnam Cement Industry Corporation (Vicem), the country's largest cement producer, under which Vicem will have to sell shares of its parent firm in October 2015. Vicem has been required to announce its corporate valuation by the end of April and submit its privatisation plan to the ministry by end-June, the Dau Tu newspaper reported. Vicem is one of the 432 state-run companies that have to undergo privatisati...