Vietnam Cement Industry Corporation (Vicem), Vietnam’s leading domestic producer, said its revenues rose by seven per cent YoY in 2013 to more than VND30.5trn (US$1.45bn).
State-run Vietnam news agency reported that Vicem posted a pretax profit of VND528bn and contributed VND1.03trn to the state budget last year.
Cement and clinker output for the state-run cement producer rose by 8.8 per cent YoY while cement sales rose by 9.3 per cent.
For this year, VICEM targets cement and clinker sales of 21Mt.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...