Vicem sales rise 17.3% in first half 2013

Vietnam Cement Industry Corporation (Vicem) sold 11.69Mt of cement and clinker in the first six months of 2013, representing a YoY increase of 17.3 per cent and fulfilling 51.9 per cent of its whole-year target.

The corporation, which is the largest cement producer in the Southeast Asian country, produced 8.3Mt of cement and 8.2Mt of clinker in the six month period, a rise of 11.8 and 14.6 per cent, respectively, the Ministry of Construction said in a statement. Revenue reached VND14.89trn between January-June 2013, up 4.8 per cent YoY.

Last year, Vicem sold 20.4Mt of cement and clinker, an increase of 8.8 per cent YoY and fulfilling 96.4 per cent of its full year target.