A seminar titled “Cooperation to boost up cement production and business” was held by Vietnam Cement Association at 14:00, 22/5/2012 in The Vissai Hotel of Ninh Binh Province in order to seek solutions to overcome difficulties for cement production and business.
The Vissai Hotel
Hai Phong Cement Plant
According to information of this Association, nationwide cement consumption for 4 months of 2012 declined 8% and cement production reduced about 6.5% compared to the same period of 2011 while cement production capacity in 2012 increased 10% compared to 2011. Input costs for electricity, coal and petrol … have continued to increase. In turn, selling price of cement did not increase because of higher supply than demand, reduced consumption power and large inventory. Some cement companies must limit production and risk suspending cement production.