Tags: vietnam cement association

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.

Cement industry needs big “players” for high efficiency

Cement industry needs big "players" for high efficiency

VOV.VN - The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, Nguyen Van Cung, Chairman of the Vietnam Cement Association has suggested.

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 overcapacity from 2017 predicted

Cement overcapacity from 2017 predicted

The nation is expected to see cement overcapacity from 2017 as production has increased strongly in recent times while Vietnamese cement has turned less competitive on the world market.

Vietnam expects US$1 billion from cement export

Vietnam could rake in US$1 billion from exporting 20-21 million tonnes of cement and clinker in 2014, up 15% in value compared to last year, according to the Vietnam Cement Association.