Deputy PM pushes SOE equitisation Business

Deputy PM pushes SOE equitisation

Deputy Prime Minister Vuong Dinh Hue called for speeding up the equitisation of State-owned enterprises (SOEs) at a recent meeting of the Steering Committee for Business Renovation and Development.
Cement firms told to boost demand Business

Cement firms told to boost demand

General Director of the Vietnam Cement Industry Corporation (VICEM) Tran Viet Thang has asked member cement companies to boost domestic consumption by at least 10 percent this year.

Cement sector looks for sustainable export

Vietnam exported more than 21 million tonnes of cement in 2014, but this year is forecast to be full of difficulties as demand stalls at traditional markets while many regional cement producing countries plan to raise output remarkably.
Cement consumption on the rise Business

Cement consumption on the rise

In spite of continuing economic difficulties, cement and clinker consumption next year will reach roughly between 71 million and 73 million tonnes, a four- to seven-percent year-on-year increase.

The Ministry of Construction made this prediction and added that of the total, about 52 million to 53 million tonnes would be consumed in the domestic market and the rest would be exported.

Economic restructuring brings opportunities to investors

Investment opportunities from the equitisation of state-owned enterprises (SOEs), the acquisition of bad debts and investment in the consumer goods and retail sectors are of great interest to experts and investors in the current context, said the Vietnam Economic News.

Cement consumption bounces back

The domestic consumption of cement in the first eight months bounced back to a sustainable status, which is being seen a relief for producers with surplus inventories.