Vietnam's cement sector faces supply-demand imbalance
Vietnam's cement industry faces a tough year as supply continues to outstrip demand, according to insiders. Nguyen Thanh Tung, deputy general director of Vietnam National Cement...
Vietnam
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SCGC signs ethane supply contract for LSP complex
SCG Chemicals (SCGC), a subsidiary of Thailand’s Siam Cement Group (SCG) , has signed a 15-year ethane supply contract to provide feedstock for its Long Son Petrochemicals (LSP)...
Vietnam cement sales see modest growth in 2024
Total Vietnam cement sales, including domestic and export sales, amounted to 8.333Mt in December, up 5.9 per cent YoY from 7.867Mt a year earlier, according to the Vietnam Natio...
Vicem posts major losses, prompting government intervention
Vietnam Cement Industry Corp (VICEM) has reported consolidated losses of VND1.4trn (US$58m) for 2024, triggering government intervention. Deputy Prime Minister, Tran Hong Ha, ha...
Vietnamese cement deliveries up 17% in November
Cement dispatches in Vietnam increased by 17 per cent YoY to 5,802,672t in November 2024, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM suppl...
SCG expands Low-Carbon Cement production in Vietnam
Thai cement producer SCG Group is expanding its production of SCG Low-Carbon Cement in the southern Vietnam market. As part of its growth in this market, SCG has scaled up its p...
Vietnam cement sales jumped robustly in October
Total Vietnam cement sales, including domestic and export sales, amounted to 8.381Mt in October 2024, up 13.5 per cent YoY from 7.387Mt a year earlier, according to the Vietnam ...
Imports into Philippines up 5%, industry calls for measures
Cement imports into the Philippines have increased by five per cent to 6.2Mt in the first 10 months of 2024, according to the Bureau of Customs. Vietnam is the main importing co...
High electricity costs trigger price hikes among Vietnamese cement producers
Vietnam’s leading cement manufacturers, including Vicem Bim Son, Bút Son, The Vissai, Thành Thang Group, and Xuân Thành Cement, have announced price hikes starting from 20 Octob...
Vietnamese cement market expands 6% but exports fall 14% in September
Vietnamese cement sales increased six per cent YoY but fell 14 per cent MoM to 4,252,989t in September 2024, according to the latest data by the VNCA, the country’s cement assoc...