Hoang Mai Cement to invest in new line, Vietnam
Shareholders of Vicem’s Hoang Mai Cement Joint Stock Co have agreed invest VND102.7bn in projects this year. Local press report that the company plans to spend VND67bn in buildi...
Vietnam
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Vietnam quarterly production seen declining
Vietnam cement manufacturers are estimated to have produced 12.1Mt of cement in the first quarter of this year, down 10.7% from a year earlier. In March alone, the Southeast Asi...
Vicem sales domestic sales fall, exports rise Vietman
Vietnam Cement Industry Corporation (Vicem) sold 2.11Mt of cement and clinker in the first two months of this year, falling 12.2 per cent from a year earlier, the corporation sa...
Vietnam Jan-Feb production down 14%
Cement production in Vietnam is estimated to have reached 7Mt in the first two months of this year, down 14 per cent YoY, data from the government’s General Statistics Office (G...
Vietnam Ministry toughens stance on cement projects
Vietnam’s Ministry of Construction is to temporarily delay work on several approved cement projects, Le Van Toi, the director of the ministry’s Construction Materials Department...
Vietnam new plants to add pressure to existing surplus
Despite the Vietnam cement sector witnessing an over-supply scenario, this year the country is set to see a further 7Mta of new capacity from government-approved projects enter ...
Siam Cement closing in on Vietnam acquisition
Thailand’s Siam Cement said on Wednesday it was interested in buying a stake in a Vietnam cement maker and expects to spend less than THB10bn (US$315m) on the acquisition, Reute...
Hoang Mai Cement 2011 pretax profit, Vietnam
Hoang Mai Cement posted a pretax profit of VND151bn (US$7.19m) last year with revenues of VND1.47Mt. The company, listed on the Hanoi Stock Exchange, targets a pretax profit of ...
Can Tho Mineral and Cement signs export deal
A new export deal has been signed by Vietnamese cement producer, Can Tho Mineral and Cement JSC and a Chinese partner for 24,000t to be delivered to Cambodia. Can Tho’s Chairman...