Vicem sets 2014 revenue targets

Vietnam Cement Industry Corporation (VICEM, the country's leading cement producer, is targeting more than VND30trn (US$1.4m) in revenue this year.

To meet these goals, the company will focus on cost reduction strategies, renew production techniques, among other measures.

Last year VICEM witnessed a 8.8 per cent YoY ncrease in clinker and cement output. The firm also accounted for over 16Mt out of the almost 46Mt of cement the country produced in 2013.