Vietnam: Thai acquisitions face tough competition
Thai companies have spent around US$600m acquiring assets in Vietnam even as the country’s cement producers face shrinking export markets and tougher domestic competition, Viet...
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Thai companies have spent around US$600m acquiring assets in Vietnam even as the country’s cement producers face shrinking export markets and tougher domestic competition, Viet...
Vietnam exported 2.95Mt of cement and clinker in the first two months of 2017, representing an increase of 18.7 per cent YoY. The total value of the shipments reached US$103.69...
Vietnam sold 9.4Mt of cement in the first two months of 2017, representing a 0.4 per cent decrease when compared with January-February 2016, according to the Vietnamese Ministr...
Siam City Cement Public Co Ltd (SCCC), Thailand’s second-largest cement producer, announced it will rename its Holcim Vietnam Co into Siam City Cement Vietnam. SCCC signed...
Vietnamese cement exporters have warned that the loss of tax exemptions and the existing export tax have pushed up the cost of their products on international markets, harming ...
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new er...
Vietnam exported 14.73Mt of cement in 2016, down 7.1 per cent YoY, according to the General Department of Vietnam Customs. Export revenues fell 16 per cent YoY to US$561m. I...
State-owned Vietnam Cement Industry Corp (Vicem) sold around 25.8Mt of cement and clinker in 2016, representing a YoY rise of 11.2 per cent and surpassing the year’s target by ...
The Vietnamese cement sector has 20Mta overcapacity and must now slow down the pace of investment into new cement production, the government has decided. Vietnam’s cement in...
The Ho Chi Minh City (HCMC) People’s Committee has demanded Ha Tien 1 Cement cease operation of its Thu Duc cement grinding station and relocate the plant. The company earli...