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Update news cement
VietNamNet Bridge - The Ministry of Planning and Invetsment (MPI) has proposed slashing the export tariff to save cement manufacturers facing million tons of cement in stock.
VietNamNet Bridge – 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.
VietNamNet Bridge - After a period of aggressive acquisitions of troubled Vietnamese enterprises, foreign companies have begun increasing their investments in Vietnam.
VietNamNet Bridge - Many large construction projects have resumed work, while coal prices have decreased, helping to cut production costs. Cement manufacturers see great opportunities to revive their business..
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Anticipating the excess of 40 million tons of cement by 2020, the Vietnam Building Material Association has proposed the government to stop some cement projects. However, it’s easier said than done.