Building materials sales to rise

Sales of building materials, particularly steel, are expected to pick up in the remaining months of the year. Steel sales in August increased by 50,000 tonnes to 410,000 tonnes against the previous month, said Nguyen Tien Nghi, deputy chairman of the Viet Nam Steel Association (VSA). That trend was expected to continue untill the end [...]

Slow construction industry weighs on materials sales

The building materials market has had a tough time lately due to a downturn in the building industry and increased production. The Viet Nam Building Material Association said production at factories making cement and ceramic tiles had increased against the same period last year while consumption had reduced. Nguyen Thi Thuy, owner of Tien Thuy [...]

Plan to shut old factories making building-materials

HCM City’s Department of Construction has targeted eliminating ineffective building-materials production establishments by 2020. This is one of the main objectives of the city’s VND 1.673 trillion building-materials development plan for the 2011-20 period. To realise this goal, the city will close all establishments that produce clay bricks and roofing tiles with rudimentary methods. The [...]

Research and markets: structural building materials market in Vietnam

Research and Markets has announced the addition of the “Structural Building Materials Market in Vietnam: Business Report 2011″ report to their offering. “Structural Building Materials Market in Vietnam: Business Report 2011” This report provides comprehensive research on the structural building materials market in Vietnam. The report starts with a brief country profile of Vietnam, including [...]

High prices slow building market

Increased prices have had a tremendous effect on the domestic building material market, according to trade insiders. “The market is as quiet as a graveyard,” Nguyen Thi Yen, director of the Hoang Yen Company Ltd in the northern mountainous province of Lai Chau said. “No one is buying anything. We’re sitting around waiting for the [...]

Mideast hungry for building materials

The Middle East market is becoming a new and promising destination for local construction material producers to explore in the coming years. Head of the African, West and South Asia Markets Department under the Industry and Trade Ministry, Ly Quoc Hung, said the industry was booming in the Middle East as governments target infrastructure development. [...]

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