The Vietnamese Ministry of Construction has requested three cement firms to seek more export markets for their products amid the country’s forecast glut of one and two million tons this year. Chinfon Cement Corporation, Nghi Son Cement Corporation and Phuc Son Cement Company were urged to export between 100,000 and 150,000 tons of cement each in

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Vietnam Urged Firms to Boost Cement Exports to Reduce Glut

Thua Thien-Hue people’s committee has issued investment license for Song Hong Joint Stock Corp to build Long Tho 2 cement plant in Huong Van Commune, Huong Tra Dist with total investment capital of over 760 billion dong.

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Over 760b dong spent on Long Tho 2 cement plant project

Cam Pha Cement Joint Stock Co reported exporting first 15,000 tonnes of clinker to Middle East market for the first time yesterday June 30, 2010. It is considered the important milestone in Vietnam’s cement industry because peviously, Vietnam have had to import clinker from Thailand and China at high prices to supply for domestic cement plants. Hoang Anh Tuan, general director of Cam Pha Cement Joint Stock Co revealed that the company’s long-term development strategy was to expand business outside Vietnam and to seek potential clinker export markets

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Vietnamese firm exports first 15,000 tonnes of clinker to Middle East

VNStockNews.com – The Cam Pha Cement Joint Stock Company, under the Vietnam Construction and Import – Export Corporation (VINACONEX), exported 15,000 tonnes of clinker for the first time on June 30. The clinker (building materials composed of incombustible material) was exported to the Middle East from a port in the northern Quang Ninh province. This marks a turning-point for Vietnam’s cement

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Vinaconex exports clinker for first time

VNStockNews.com – After getting approval from State Bank of Vietnam (SBV) and State Securities Commission (SSC), Cement Joint Stock Financial Co (CFC) has already finished legal formalities to increase chartered capital from 300 billion dong to 610 billion dong, raising the capital surplus to over 45 billion dong. At present, the company’s total ownership capital was posted at over 700 billion

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Cement Financial Co finishes legal formalities on raising chartered capital

VNStockNews.com – The HNX-listed Sai Son Cement Joint Stock Co (coded SCJ) announced that the company reached profit after tax of 17.67 billion dong in the first five months of this year, fulfilling 39.27 percent of the year plan. In May only, SCJ reported gaining total production output of 34,261 tonnes of products, mainly cement, bringing in May revenue of 25.94 billion dong, pre-tax profit

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Sai Son Cement Co. gains profit after tax of 17.67b dong in Jan-May

VNStockNews.com – Hoang Mai Cement Joint Stock Co (coded HOM) announced to reach production output of 547,023 tonnes of clinker, and 662,850 tonnes of cement, an increase of 15 percent year-on-year up to the end of May 2010, gaining Jan-May revenue of 546 billion dong and profit of over 40 billion dong.

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Hoang Mai Cement Co. gains Jan-May profit of over 40bln dong

VNStockNews.com – Ha Tien 1 Cement Joint Stock Co (coded HT1) announced the 2010 business plan, in which the company plans to produce 6.05 million tonnes of cement and 2.42 million tonnes of clinker in 2010, with targeted pre-tax profit of 320 billion dong and dividend payment of 5 percent. This year, the company set goals to enter Cambodian markets with initial production output of 100,000

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Ha Tien 1 Cement Co. plans to reach 2010 profit of 320bln dong

VNStockNews.com – Sai Son Cement Joint Stock Co (coded SCJ) lately approved the 2010 business plan, in which the cement producer targeted to achieve total production output of 303,558 tonnes of cement, gaining revenue of 298.3 billion dong, after tax profit of 45 billion dong and dividend of 25 percent over chartered capital. Within this year, the company focused on finishing construction on Nam

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Sai Son Cement Co. to start operation of Nam Son cement plant in Q3

VNStockNews.com – Lang Son Cement Joint Stock Co (coded LCC) has recently announced the registration deadline to pay 2009 dividend in shares. Accordingly, the ex-interest date is on June 9

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Lang Son cement producer to pay 11pct dividend for 2009