Vietnam aims to export six million tonnes of cement products, including 500,000 tonnes of cement and 5.5 million tonnes of clinker, by 2012, primarily to the African market, according to the Vietnam National Cement Association (VNCA). Head of the VNCA’s office Nguyen Van Diep said that due to the government’s policy to tighten public investment [...]
By the end of 2010, Vietnam Cement Association had predicted that in 2011, there would be about 9 million tonnes of cement to be added to the expected national cement production output. That’s when 10 new cement plants would be put into operation. Therefore, in 2011, the whole year cement production capacity of the cement [...]
Vietnam’s cement producers are battling stockpiles despite low prices. According to the latest data of the Ministry of Construction (MoC), Vietnam sold over 44 million tonnes of cement in 2011. The data shows that the domestic cement producers will struggle to bet last year’s 50 million tonnes of consumption. Many companies have sold at discounts, [...]
Vietnam is estimated to have consumed a total of 43.1 million tons of cement in Jan-November, fulfilling 79% of the whole-year target due to heavy rains and quite property market, the Ministry of Construction (MoC) said on its website on Dec 6. In November alone, the country’s cement consumption increased to 3.95 million tons, up [...]
There are at least three cement factories being on sales to repay debts and other cement producers are facing the tense finance situation. In the sector, the phrase “bankruptcy” has been concerned much whereas one year ago, enterprises had raced to invest in cement production, according to Saigon Economic Times. When building the 2011 business [...]
A lot of cement producers have to struggle hard to maintain their production. The sharp fall in the domestic consumption has dealt a strong blow on many enterprises pushed them to the verge of bankruptcy. The cutting down of the public investment which has led to the reductions in the demand for building materials has [...]
Vietnam exported a total of 3.4 million tons of cement and clinker in Jan-Oct period, mainly to Cambodia, Laos, Bangladesh and Middle East markets, the Ministry of Construction (MoC) said. The cement industry produced 39.4 million tons in the first 10 months of the year, meeting 72.3% the whole year target. In October alone, the [...]
Declined demand for cement consumption, alongside costly expenses, has caused the domestic cement industry to suffer a loss worth 220 billion dong (US$10.53 million) during the first 10 months of the year. During the same period, Vietnam Cement Industry Corporation or VICEM”s members have seen their market shares decrease significantly by 3 per cent. The [...]
Vietnam is estimated to have consumed 39.1 million tons of cement in the first ten months of this year, fulfilling 71% of the year target, the Ministry of Construction said on its web- site Nov 7. Vietnam spent a net $163.2 million on importing cement in the period after importing $367.2 million worth of cement [...]
The statistics released by ministry of construction showed that in October, Vietnam has consumed 3.54 million tonnes of cement, sharply declining in comparison with the previous months, due to harsh weather conditions and quiet real estate markets. In October, the total cement production output was estimated at 3.63 million tonnes, raising the accumulative production volume [...]
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