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...
Vietnam
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Luks Group (Vietnam Holdings) records 10% fall in turnover
Luks Group (Vietnam Holdings) Co Ltd has reported a 9.7 per cent YoY decrease in turnover to HKD330.6m (US$42.17m) for the six-month period ending 30 June 2019, compared with H...
Vietnamese production estimated to have risen 9% in August
Vietnam is estimated to have produced 7.9Mt of cement in August, an increase of 8.7 per cent YoY, according to the latest data from the country’s General Statistics Office. ...
Vietnamese cement deliveries advance by 30% in July
Cement dispatches by Vietnamese producers surged by 30 per cent YoY to 8.08Mt in July, according to data by the Vietnam National Cement Association (VNCA). When compared with t...
Vietnamese market stable, exports slip in June
Vietnamese cement companies sold 7.497Mt of cement in June 2019, down four per cent YoY and 12 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of thi...
Siam City Cement Vietnam signs US$468m investment agreement with Kien Giang province
Kien Giang province has signed an investment cooperation agreement with Siam City Cement Vietnam, part of the Thailand-based Siam City Group, for a cement plant in Kien Luong d...
SCG reports falling revenue in Vietnam
Thailand’s Siam Cement Group (SCG) has seen a seven per cent YoY drop in its revenue from sales in Vietnam to VND7.9trn (US$339m) in the 2Q19, according to Vietnam News. Rev...
Vietnamese cement sector to reach 115Mta of capacity in 2020
Vietnam is expected to have 89 cement production lines and a total capacity of 115Mta in 2020, according to the Vietnam National Union of Building Workers. In 2019 two addition...
Vietnam producers target higher cement exports
Vietnam's cement industry is targeting exports of 25Mt in 2019, while domestic production is likely to top 70Mt, according to Vietnam Cement Association (VNCA) Chairman, Nguyen...
Cement production in Vietnam rises 12% in June
Vietnam reportedly produced 8.3Mt of cement in June, an increase of 12.4 per cent YoY, according to data from the government’s General Statistics Office (GSO). Production fo...