Vietnam firms ship cement to US amid domestic market gloom

Vietnam firms ship cement to US amid domestic market gloom

Major Vietnamese cement manufacturers Xuan Thanh and Nghi Son have penetrated the U.S. market as the construction sector at home remains quiet due to the ailing property market.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Six more people arrested for bidding violations at cement firm

Six more people arrested for bidding violations at cement firm

Hai Duong province's Police have detained six more people for violations in bidding regulations, causing serious consequences that occurred at Vicem Hoang Thach Cement Company.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam cement giant sees business decline under Bui Hong Minh leadership

Vietnam cement giant sees business decline under Bui Hong Minh leadership

State-owned Vietnam National Cement Corporation (Vicem) saw its business results shrink in the 2017-2021 period under the leadership of general director Bui Hong Minh.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cement giant Vicem sees record-low $65 mln profit in 2022

Cement giant Vicem sees record-low $65 mln profit in 2022

Vietnam National Cement Corporation (Vicem), the country's biggest cement producer, reported a pre-tax profit of VND1,532 billion ($65.33 million) in 2022, down 30.5% year-on-year and a record low.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese giant Vicem to export 6 mln tons of cement, clinker to the Philippines

Vietnamese giant Vicem to export 6 mln tons of cement, clinker to the Philippines

The Vietnam National Cement Corporation (Vicem), Vietnam's biggest cement producer, has signed deals with two Philippine firms to export six million tons of cement and clinker over a three-year (2023-2025) period.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

State-owned firms illegally exploiting millions of tonnes of minerals: auditors

State-owned firms illegally exploiting millions of tonnes of minerals: auditors

Five subsidiaries of the state-owned Vietnam National Cement Corporation (Vicem) have exploited millions of tonnes of minerals above their licensed capacity and “forgotten” to pay dues thereof to the state.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cement major Vicem sees 14% drop in H1 profit

Cement major Vicem sees 14% drop in H1 profit

Vietnam National Cement Corporation (Vicem), the country's biggest cement producer, reported a pre-tax profit of VND1,108 billion ($47.26 million) in the first six months of the year, down 14% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7