VICEM Ha Tien Cement submits targets for 2020
Vietnam’s VICEM Ha Tien Cement reported a five per cent YoY rise in net revenue to VND8839bn (US$379.79m) and profit before tax of VND928bn (up 14 per cent YoY) in 2019. However...
Vicem
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Vietnam cement sales expand 13% in December
Total cement sales by Vietnamese cement producers increased 13 per cent YoY and five per cent MoM to 9,573,455t in December 2019, according to the Vietnam National Cement Associ...
VICEM and FLSmidth announce sustainable production agreement
Vietnam National Cement Corp (VICEM) and FLSmidth have announced their cooperation “to pioneer new solutions to significantly improve the sustainability of the cement sector in ...
Vicem falls short of corporate valuation
The pre-equitisation valuation of the Vietnam Cement Industry Corporation (Vicem) carried out by an independent auditor fell short by nearly VND1.17trn (US$50.3m), according to ...
VICEM reports 5% rise in 1H sales
State-owned Vietnam Cement Industry Corp (VICEM), the country’s leading cement producer, is estimated to have sold 14.98Mt of cement and clinker in the first half of 2019, repre...
Vicem Hoang Mai to build 3Mta plant in Nghe An
Vicem Hoang Mai Cement JSC plans to build a 3Mta cement plant in Vietnam’s central province of Nghe An. Covering 60ha in the Hoang Mai 2 Industrial Zone, the project represents ...
Vicem reacts to electricity price increase by upping cement prices
Cement prices are on the up in Vietnam following the 8.4 per cent hike in electricity prices from 20 March. Vietnam Cement Industry Corporation (Vicem) has reacted by raising it...
Higher electricity costs to impact Vietnamese cement prices
Vietnam Cement Industry Corp (VICEM) has announced that its electricity costs will increase by VND20bn (US$855,730) per month, and therefore product prices are also expected to ...
VICEM targets further growth in 2019
Vietnam Cement industry Corp (VICEM) has reported a 10 per cent YoY increase in revenue to VND37trn (US$1.59bn) for 2018. The company also saw an 11 per cent rise in pretax prof...
Vietnamese prices could rise in September
Vietnamese cement producers may increase prices this month as a result of the increased demand seen in the construction season, according to the Department of Price Management u...