cement

Update news cement

Vietnam considers cutting export tariff to rescue cement manufacturers

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.

Cement overcapacity from 2017 predicted

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. 

Foreign groups try to conquer building material market

VietNamNet Bridge - After a period of aggressive acquisitions of troubled Vietnamese enterprises, foreign companies have begun increasing their investments in Vietnam.

Opportunities have arrived for cement manufacturers

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..

BUSINESS IN BRIEF 8/6

 Banks offer $1.4b housing loans deal; HSBC lowers 2013 Vietnam forecast; Consumer confidence index surges; VND20 tril. G-bonds mobilized in May; Cooperative bank of Vietnam set up

Government urged to cut down cement projects

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.