Vietnam

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Vietnam output reaches 47Mt in 2012

Vietnam output reaches 47Mt in 2012

Vietnam-based cement manufacturers produced more than 47Mt of cement in 2012, meeting 85.5 per cent of their full year target, according to an announcement by the Ministry of C...

Thach My secures new loan, Vietnam

Thach My secures new loan, Vietnam

The Bank for Investment and Development of Vietnam (BIDV) is to provide a loan to Thach My for its new cement plant under construction in the central province of Quang Nam L...

Vicem net profit rises 36% YoY

Vicem net profit rises 36% YoY

Vietnam Cement Industry Corporation (Vicem) said it made a net profit of VND660trn (US$31.62bn) in 2012, rising by 36 per cent from a year earlier, despite a fall in domestic d...

Vietnam 2012 sales fall 3.5% YoY

Vietnam 2012 sales fall 3.5% YoY

Total cement sales in Vietnam (domestic plus exports) in 2012 fell 3.5 per cent YoY to 54Mt. A recent update by the Vietnam Cement Association (VNCA) shows domestic sales we...

Gresik achieves record production in 2012

Gresik achieves record production in 2012

State-owned Indonesian cement producer PT  Semen Gresik achieved record production last year and targets further increases this year, according to a senior member of the compan...

Semen Gresik sets US$400m for 2013 capex

Semen Gresik sets US$400m for 2013 capex

Indonesia’s largest cement producer PT Semen Gresik has set US$400m in capital expenditure for its corporate business activities, according to its president Dwi Soetjipto. "T...

Semen Gresik seals Vietnam deal

Semen Gresik seals Vietnam deal

Indonesia’s leading cement producer PT Semen Gresik has signed deal worth US$157m with Hanoi General Export-Import JSC (Geleximco) on 18 December to acquire 70 per cent stake i...

Vietnam Jan-Nov 2012 production declines

Vietnam Jan-Nov 2012 production declines

Vietnam produced 51.3Mt of cement in the first 11 months of this year, down 5.4 per cent from a year earlier, the General Statistics Office said. The country’s cement output...