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Tag: Vietnam

Vicem Ha Tien despatches cement to US
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Wednesday, 30 August 2023 / Published in News

Vicem Ha Tien despatches cement to US

State-owned Vicem Ha Tien has despatched its first shipment of cement to the US. The Vietnam government says that Vicem Ha Tien will continue to further diversify its markets. Domestic-focused cement producers like Vicem Ha Tien have experienced increased competition in the past year due to a slowdown in the Chinese market.
ChinaExportGovernmentUSVICEMVietnam
Nghi Son Cement Corporation exports cement to US
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Saturday, 20 May 2023 / Published in News

Nghi Son Cement Corporation exports cement to US

Nghi Son Cement Corporation has despatched its first batch of cement to customers in the US. The shipment consisted of 31,500t of cement produced at the company’s Thanh Hoa cement plant. Việt Nam News has reported that the producer moved into the US market due to declining cement demand domestically. Nghi Son Cement Corporation is
ExportMarketMitsubishi MaterialsNghi Son CementTaiheiyo CementVietnam
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Wednesday, 19 April 2023 / Published in News

Cash flow issues noted in Vietnamese cement sector

Cash flow issues have been noted as a risk for local cement producers struggling to create enough revenue to continue operations. Revenue is reliant on output, local consumption and exports but these are all falling with raw material costs rising and no improvement forecast for the real estate in the short-term, according to the Việt
corporatedataGeneral Statistics OfficeInfrastructureMarketQuang NinhQuang Son CementResultsrevenueTaxVietnamVietnam Association for Building Materials
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Saturday, 01 April 2023 / Published in News

Vietnamese cement production drops in first quarter of 2023

The General Statistics Office recorded domestic cement production volumes of 27.4Mt throughout the first quarter of 2023. The figure corresponds to a drop of 9.9% year-on-year from first-quarter 2022 levels. Việt Nam News has reported that the country produced 116Mt of cement in 2022, up by 5.8% year-on-year.
General Statistics OfficeProductionVietnam
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Saturday, 25 March 2023 / Published in News

Thang Thang Cement despatches cement to Central America

Thang Thang Cement has despatched a shipment of 55,000t of cement produced at its Ha Nam cement plant to a customer in Central America. Vietnam Investment Review News has reported that Lotus Cement and Commodities Trading Corporation shipped the order from Ho Chi Minh City. Vietnamese cement producers are reportedly seeking new trade partners due
Central AmericaCooperationDemandExportMarketShippingThang Thang CementTradeVietnam
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Saturday, 25 March 2023 / Published in News

Vietnam Cement Association lobbies government to stop new cement plant project licences

The Vietnam Cement Association (VCA) has urged the government to stop issuing licences for the construction of new cement plants. Capacity is currently projected to reach 121Mt/yr in 2023, 188% of an estimated consumption of 64.3Mt domestically this year. VCA chair Nguyen Quang Cung said “We must be careful to maintain a balance between regional
CapacityClinkerGovernmentlobbyingMarketOver capacityShippingSupplyVietnamVietnam Cement Association

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