Vietnamplus

The Vietnam Cement Industry Corporation (VICEM) will ship a total of 6 million tonnes of cement and clinker to the Philippines from 2023-2025, as its demand for construction materials of various kinds is huge.

In the recent past, the Trade Office of Vietnam in Belgium and the EU has stepped up trade promotion and protection of Vietnamese enterprises’ interests, thus helping foster bilateral trade ties, an official has said.

The potential for co-processing waste, including non-recyclable plastic, as an alternative fuel in the cement industry in Vietnam is huge.

The cement production industry expects to promote domestic consumption because it is finding difficult to boost exports.

Mounting fuel and coal costs have been added to cement producers' bills, leaving them no choice but to increase prices.

Relations between Vietnam and the UK are currently at an all-time high, and an official visit by National Assembly (NA) Chairman Vuong Dinh Hue aims to further intensify the two countries’ strategic partnership, a diplomat has said.

The Vietnam - ASEAN Parliamentary Friendship Group on June 14 held its first face-to-face meeting after the COVID-19 pandemic to discuss orientations during the 15th tenure of the National Assembly (NA).

Vice President of the Vietnam Fatherland Front (VFF) Central Committee Phung Khanh Tai and Deputy Secretary General of the Chinese People's Political Consultative Conference (CPPCC) National Committee Zou Jiayi co-chaired a teleconference between the two sides on April 29.

Vietnam is now in need of diversifying energy supply sources as it is facing a shortage of coal supply for electricity, cement, and fertiliser production due to impacts of the COVID-19 pandemic and the Russia - Ukraine conflict.

Prime Minister Pham Minh Chinh has asked Thailand’s Siam Cement Group (SCG) and Amata Vietnam to apply latest technologies in the 5-billion-USD oil refining and petrochemical project in Vietnam.

Sales of cement products reached about 77.47 million tonnes in the first nine months of this year, up 3.5 percent year on year despite difficulties caused by the COVID-19 pandemic, according to the Ministry of Construction's Department of Construction Materials.

The sale of Vietnamese cement products reached 70.7 million tonnes over the past eight months of 2021, up 4 percent year-on-year amid the COVID-19 pandemic which had negative impacts on many other industries.

The estimated sale of Vietnamese cement products reached 70.7 million tonnes in the first eight months of 2021, up 4 percent year-on-year, in which, domestic consumption was about 43.54 million tonnes, down 5 percent, and export volume was 27.23 million tonnes, up 12 percent.

Cement, tile and construction glass are seeing excess supply over demand, according to the Ministry of Construction.

Exports of cement and clinker reached an impressive figure of about 19.26 million tonnes in the first five months of this year, increasing by 50 percent over the same period last year.

While many stocks in the building materials sector like steel or plastic have surged recently, cement stocks are still hovering around a low price zone.

The Vietnam Cement Industry Corporation (VICEM) produced and sold 9.72 million tonnes of cement from January to April, a year-on-year rise of 12.1 percent amid the complex developments of COVID-19.

Siam Cement Group (SCG), one of Thailand's leading industrial companies, has earmarked Vietnam as its top priority market in the coming years.

The cement industry is forecast to see a significant increase in domestic sales in 2021, driven by investment in infrastructure, foreign direct investment inflow and the recovery of the real estate market. However, exports are set to slow down.

Prime Minister Nguyen Xuan Phuc on December 3 called on Siam Cement Group (SCG) of Thailand to expand its investment and business in Vietnam, thus helping to attract more big groups from Thailand and other countries to Vietnam in the time ahead.