The development strategy of the cement industry by 2030 towards 2050 would ensure a balance between the supply and demand for cement.
A cement production line at La Hien Cement VVMI JSC in the northern province of Thai Nguyen (Source: VNA).
This is because the cement industry will have more supply with more cement factories being operational this year.
The strategy would be built based on the cement industry’s development over the past years, according to directions for the development of the cement industry by Deputy Prime Minister Trinh Dinh Dung.
The Vietnam Cement Association reported Vietnam has 83 cement production lines with a total capacity of 98.56 million tonnes. This capacity will continue to increase because the country is expected to have some cement production lines coming into operation this year with a total capacity of 10.1 million tonnes.
With those projects, the design capacity of Vietnam’s cement industry will be some 108.66 million tonnes.
The association said the actual production capacity of the cement industry can reach 120 million to 130 million tonnes per year. Meanwhile, in the plan, the total consumption of cement is expected to be 93 million tonnes by 2020. Therefore, the industry will have excessive supply of some 25 million to 30 million tonnes.
According to building material experts, there is a contradiction that while some new factories are set up or some existing ones are expanding production, some cement companies could not sell their products.
To deal with this situation, the association and the cement manufacturers have proposed that the Government and the Ministry of Construction should delay the investment in building cement factories during the period between 2019 and 2025.
The cement production lines coming into operation this year include production line 3 and 4 in the second phase at the Vissai Group’s Song Lam Cement Company, with a total capacity of 3.8 million tonnes per year, Ha Tien Kaitian Cement of Thai Group with a capacity of 4.5 million tonnes and Tan Thang Cement Company in Nghe An province with a capacity of 1.8 million tonnes per year.
Source: VNA
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
