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Archive for ‘September, 2009’

Vietinbank branch funds production of cement plant

Vietinbank branch funds production of cement plant

Vietinbank-Ninh Binh branch has committed to fund the production line 1 of He Duong cement plant, according to the credit support agreement signed in Hanoi on September 20 between the bank branch and He Duong Cement Joint Stock Co.
Production line 1 of He Duong plant has a total investment capital of three trillion dong invested [...]

Cement makers seek halt to new licenses on surplus fear

Cement makers seek halt to new licenses on surplus fear

Vietnam’s cement producers asked the government to stop licensing new plants as supply will likely exceed demand for the commodity, according to a statement on the Ministry of Trade and Industry’s website.
Nguyen Van Thien, chairman of Vietnam’s Cement Association, said in the statement that no new plants should be permitted operate “because a surplus of [...]

Move to curb cement projects

Move to curb cement projects

The Vietnam Cement Association (VCA) has made a recommendation to the Government to curb further licensing for cement production projects, according to the association’s chairman Nguyen Van Thien.
“The association also made a suggestion for the Government to re-consider cement projects which have already been approved but have yet to start,” said Thien.
VCA statistics indicate the [...]

Vietnam to break into cement top 10 list next year

Vietnam to break into cement top 10 list next year

Vietnam is expected to be among the ten top cement producers in the world by 2010.
According to the Vietnam Cement Industry Corp., there are 105 cement plants with an installed capacity of more than 61 million tons. Last year’s output was 40.1 million tons.
China topped the list with 1.3 billion tons a year in 2007, [...]

Ha Tien Kien Giang-Becamex cement plant starts operation

Ha Tien Kien Giang-Becamex cement plant starts operation

Ha Tien Kien Giang-Becamex Cement Joint Stock Co (HBC) yesterday started operation of the cement plant covering 2 hectares in MY Phuoc 1, Ben Cat Dist, Binh Duong province.
Costing 47 billion dong, the plant has a designed capacity of 200,000 tonnes a year.
HBC is the associated firm between Ha Tien cementary and Binh Duong province’s [...]

Vietnam’s economic situation in 8 months of 2009

Vietnam’s economic situation in 8 months of 2009

Agriculture, forestry and fishery
Agriculture
As of 15/8/2009, the country has cultivated 1,464.3 thousand ha of winter-rice, equaling100.4 percentage of same period last year. Together with this, the country has harvested 1,223.8 thousand ha of summer-autumn rice, equaling100.4 percentage of same period last year.
Also to mid August, the country has cultivated 831,900 ha of maize, equaling 96.5% [...]