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. Howe...
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Southeast Asia’s capacity conundrum
Southeast Asia’s vibrant cement industry faces a serious but not insurmountable challenge from the current COVID-19 pandemic. In the long-run, structural overcapacity will be t...
Loesche wins Than Thang Cement mill orders
At the beginning of 2020 Loesche received a follow-up order from Thanh Thang Group Cement JSC in Vietnam to supply two vertical roller mills. The two mills are destined for a n...
Vietnamese producers faced falling sales in April
Vietnam’s cement market contracted 11 per cent YoY and 13 per cent MoM as domestic cement sales reached 5,664,973t in April 2020, according to the latest data from the Vietnam ...
Vietnam's cement exports to China drop 5% in 1Q20
China was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Departm...
No new cement projects expected in Vietnam this year
Vietnam’s cement industry is not expected to see the construction of any new production lines this year, according to Nguyen Quang Cung, chairman of the Vietnam Cement Associat...
Vietnamese cement dispatches slip in March
Vietnamese producers supplied 6,508,053t of cement to the domestic market in March 2020, according to the Vietnam National Cement Association (VNCA). This represents a decrease...
Siam Cement to buy Vietnamese packaging company
Siam Cement is to acquire a Vietnamese packaging materials maker, Bien Hoa Packaging. The group will purchase Bien Hoa Packaging through a joint venture with top Japanese cardb...
Exports from Vietnam decline due COVID-19 pandemic
Vietnam exported 7.5Mt of cement and clinker, to a value of US$291m, in the first quarter of this year, said the Ministry of Industry and Trade. The lower volume has been attri...
Vietnam cement sales surge 58% in February
Total cement sales in Vietnam reached 4.207Mt in February 2020, up 58 per cent YoY and 47 per cent MoM, according to the Vietnam National Cement Association (VNCA). The total...