Vietnam’s VVMI La Hien profit slips 1% in 2017
VVMI La Hien Cement JSC reported a one per cent YoY decrease in its net profit to VND27.98bn (US$1.23m) in 2017.
Vietnam
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Thanh Thang to develop third line
Thanh Thang Group Cement JSC is investing VND800bn (US$35.2m) in developing the third production line in Ha Nam, northern Vietnam.
Hoang Phat Vissai exports 0.22Mt in January
Hoang Phat Vissai Group (The Vissai) has exported 220,000t of cement and clinker from Nghi Thiet port in Vietnam’s Nghe An province since the start of January.
Vietnam cement consumption reaches 62Mt in 2017
Vietnam’s demand for cement increased seven per cent YoY to 62Mt in 2017, according to the Department of Price Management, Ministry of Finance.
Vicem sees 3% rise in cement and clinker sales
State-owned Vietnam Cement Industry Corp (Vicem) reported sales of 26.6Mt of cement and clinker in 2017, representing a YoY increase of three per cent.
Vietnam to place 28 industrial facilities under special environmental control
The Ministry of Natural Resources and the Environment (MONRE) in Vietnam is planning to place 28 industrial production facilities across a range of sectors under special environ...
Vietnam cement production reaches 80Mt in 2017
Cement production in Vietnam reached 80Mt in 2017, up six per cent on the year before, according to local press reports. This figure was recorded by the Department of Constructi...
Vietnam faces an increase in oversupply
Vietnam is expected to increase its supply glut in the run-up to 2020, according to Vietnam Net. By 2020 total domestic cement capacity is expected to reach 120-130Mta while dom...
Vietnam exports rise 30% for the first 11 months of 2017
Vietnam exported 17.48Mta of cement and clinker worth US$613.3m in the first 11 months of this year, according to Vietnam News. This represents a 30.4 per cent increase in volum...
Ho Chi Minh City concerned over cement shortages
Vietnam’s Ho Chi Minh City has expressed concern of a potential shortage of cement and construction sand in 2020, according to the Saigon Times.