Vietnam’s cement sector is facing oversupply and firms need flexible business strategies to overcome the difficulties.
VOV.VN - Exports of cement and clinker increased 29% to nearly 10 million tons valued at US$300 million during the first four months of the year, according to the Construction Material Department under the Ministry of Construction.
Construction material manufacturer Viglacera Corporation (VGC)’s pre-tax profit hit a record high of more than VND1 trillion (US$44.3 million) in 2017 for the first time, the company recently announced.
Buildings in Hanoi and Ho Chi Minh City with more than 30 percent of funding sourced from the state budget capital, non-budget state capital and loans from State-invested businesses must use 100 percent non-baked building materials.
VOV.VN - Vietbuild Hanoi 2017 taking place on March 15-19 at the National Exhibition Construction Centre will attract the participation of 450 businesses, including 224 domestic enterprises, 83 joint ventures and 143 foreign groups from 18 countries.
VOV.VN - SCG, a leading business conglomerate in the ASEAN region, announced today (Mar. 8) that it has acquired the assets of Vietnam Construction Materials Company, Ltd. for US$156 million.
The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and the Cuba Industrial Construction Group (Geicon) have contributed over US$39.8 million in chartered capital to set up a joint venture to produce construction materials in Cuba.
Minister of Construction Pham Hong Ha urged Cuban leaders, including the construction minister, to facilitate the early establishment of a joint venture between the Vietnam Glass and Ceramics for Construction Corporation (Viglacera) and the Cuban Geicons Group.
(VOV) -Pakistan is heavily dependent upon steel imports from Vietnam to bridge the gap between domestic production and the nation’s demand a leading marketing agent and distributor in South Asia recently unveiled.
With a wide range of models, good quality and reasonable prices, locally made construction materials like tiles and ashlar bricks are increasingly capturing the domestic market, according to traders.
Around 300 domestic and international companies will take part in the International Vietbuild Hanoi Exhibition 2014, which is scheduled for November 19-23 at the Vietnam Exhibition and Fair Centre, said Dang Kim Giao, head of the Ministry of Construction’s Information Centre.
(VOV) - Representatives from nearly ten Vietnamese companies along with 10,000 participants of 400 firms from 35 countries around the world are attending the 7thBuild Eco Xpo (BEXASIA) taking place in Singapore from September 1-3.