Nguyen Tran Nam, deputy minister of construction affirmed in the document sent to ministry of industry and trade relating to balancing the supply and demands and proposing solutions for cement market stabilisation in 2010 that in the end of 2009, the domestic cement producers may meet all the market demands and in 2010, there may [...]
Cong Thanh cement Joint Stock Co has officially started the construction work on second production line of Cong Thanh cement plant with designed capacity of 12,000 tonnes of clinker per day or 3.6 million tonnes of clinker per year.
The project’s total investment value is estimated at $420 million. The project is expected to be finished [...]
A new EU regulation will shut Vietnamese seafood exporters out of a lucrative export market if they can’t figure out how to certify who caught fish and where.
Big challenges
All seafood export consignments to the EU from October 31, 2010 must be clearly labled as to the origin of the products, including the sea area [...]
With many new cement plants slated for production next year, industry insiders expect Vietnam to have a huge surplus of cement in the coming time.
The current cement output in the country, one of the world’s ten biggest producers, is around 50 million tons while demand is estimated at around 45 million tons.
Nguyen Ngoc Anh, general [...]
Vietnam still hopes handicraft exports will pass the $1 billion mark in 2010 despite the downturn.
Deputy chairman of the Vietnam Craft Village Association Luu Duy Dan says exports of handicrafts have recently increased by 20 percent per year. It’s meant products have found themselves among the top 10 items with the highest export growth rates.
The [...]
Song Thao Cement Plant in Phu Tho province has been officially put into operation. Vietnam Machinery Installation Corp (Lilama), Vietnam Housing and Urban Investment and Development Corp (HUD) and Phu Tho Limestone and Cement Joint Stock Co are the three main investors for this project.
The project’s total investment capital was estimated at 1.671 trillion dong, [...]
With handicraft exports reviving after several months, more than 20 foreign businesses have contacted the HCM City Handicraft and Wood Industry Association in the last two months to source products.
HAWA said orders for handicrafts from foreign customers had been rising this year while at the end of last year, many orders were cancelled, causing many [...]
Vietnamese traditional toys made by the Bamboo Production Business in Phu Vinh traditional craft village, Chuong My district, Hanoi are being exported to Japan, France, the UK, Germany and the US.
Toys are very cheap. They much sought after by children and also by foreign customers who like to decorate shops.
Nguyen Huu Binh, a business owner, [...]
Gross Domestic Products
The first quarter’s GDP was 3.1% against same period in 2008, the lowest growth quarter in recent years, but in second quarter GDP growed by 4.5% and in third quarter by 5.8%. Generally in 9 months, GDP increased by 4.6% against same period in 2008, of which the agriculture, forestry and fishing rose [...]
The northern mountainous province of Dien Bien inaugurated its first rotary-furnace cement plant on October 1 with Deputy Prime Minister Truong Vinh Trong in attendance.
The 650 billion VND (36 million USD) plant, invested by the Dien Bien Cement Joint Stock Company, is designed to have a daily capacity of 1,000 tonnes. Work on the plant [...]
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