Concrete industry's cement feet

Recently, the Vietnam National Coal and Minerals Industries Holding Corporation (Vinacomin) has proposed increasing the price of coal sold for electricity generation. Although the price of coal for electricity generation has been adjusted several ...

The hard time in Vietnam's cement industry is creating golden opportunities for foreign investors to buy in domestic cement companies on the verge of bankruptcy. Nguyen Van Diep, chief administrative officer of Vietnam National Cement Association, ...

In the past 10 years, the cement industry in Vietnam has increasingly shown its weaknesses of oversupply, low investment efficiency and business losses. By this time, the cement excess has reached 20 million tonnes. The majority of businesses in the ...

VietNamNet Bridge Southern Power Corporation (EVN SPC) has asked 6,000 industrial producers in 21 southern cities and provinces to prepare plans for cutting back on production so as to reduce power consumption by 10-15%. Steel billets are loaded ...

VietNamNet Bridge About 20 percent of Vietnamese cement enterprises have been put on the brink of bankruptcy. The solution they most think of now is to sell themselves to foreign investors who would pump money to clear debts and restructure ...

(Vietnam) -- The Vietnamese Prime Minister Nguyen Tan Dung has approved a proposal of the Vietnam Building Material Association to cancel nine cement plant projects in order to keep in line with market demand. The nine projects include Ha Tien-Kien ...

Vietnam's Prime Minister has approved removal of 9 cement projects with capacity of under 2,500 tons of clinker a day from the master plan. These projects are:Ha Tien Kien Giang, Truong Son Ro Li, The Son, Ngoc Ha, VINAFUJI Lao Cai, Thanh Truong, ...

HCMC Steel and cement producers are concerned about the impact of power cuts on their operations as Vietnam Electricity Group (EVN) is seeking to reduce supply for those consuming too much power. A sudden power cut is a huge disaster for a steel ...

The company is also likely to witness margin gains due to lower mentha oil prices as well as recent price hikes The board announced 800% or Rs 8 per share dividend for the financial year 2012-13. Net sales rise to Rs 451 crore in Q4, compared to Rs ...