Tags: nguyen quang cung

Vietbuild Hanoi 2019 to open next week

Vietbuild Hanoi 2019 to open next week

Vietbuild Hanoi 20019 will take place from September 4-8 in the capital city, featuring 1,600 pavilions from 18 countries and territories, organizers said at a press conference on August 30.

Cement sector expected to continue growth

Cement sector expected to continue growth

The prospects of cement enterprises in the second half of the year will continue to improve, especially during the construction season at the end of the year, according to Chairman of the Vietnam Cement Association (VNCA) Nguyen Quang Cung.

Domestic cement industry to face more pressure

Domestic cement industry to face more pressure

The cement production industry may face increasing pressure from an anticipated excess of supply over demand, although the industry posted good sale results this year.

Cement sector to face oversupply

Cement sector to face oversupply

The country’s cement surplus this year could be 30 million tonnes and reach 35 million tonnes by 2020 if Vietnam does not export cement.

Cement export tax burdens domestic firms

Cement export tax burdens domestic firms

The imposition of 5% export tax on cement is weighing down the industry, which has been facing a severe surplus of supply over demand in the local market.

Cement consumption up year-on-year

Cement consumption up year-on-year

The total consumption of cement till September 2015 rose 3% against the same period of last year to 52.11 million tonnes, according to the Ministry of Construction.

Vietnam’s cement industry faces shake-up

Vietnam’s cement industry faces shake-up

(VOV) - The cement industry posted growth in the first seven months of the year on the back of strong domestic consumption despite lagging exports, according to the latest statistics of the Ministry of Construction (MOC).