Cement industry faces oversupply (05-10-2006) The Phuong Nam Cement Plant in Hiep Phuoc industrial park in HCM City has a design capacity of 500,000 tonnes a year. The Ministry of Construction warns domestic cement manufacturers will have surpluses of 5 million tonnes in 2009 and 10 million tonnes by 2011. — VNA/VNS Photo Van Khanh HA NOI — The Ministry of Construction has predicted that domestic cement supply will surpass demand by 2009. The ministry reported that cement manufacturers will have surpluses of 5 million tonnes in 2009 and 10 million tonnes by 2011. The oversupply has been attributed to a rapid expansion in the cement industry manufacturing base with major investments in 40 recent cement projects, including Hai Phong and Song Gianh that churn out a total capacity of 42.6 million tonnes per year. The ministry said that despite facing a few difficulties such as obtaining investment and oversupply, the local cement production capacity being higher is a … [Read more...] about Cement industry faces oversupply
Industrial manufacturing
Ha Noi to promote rural industry
Son Ha Company is one of many enterprises in rural areas that receive support from the Ha Noi Department of Industry and Trade to promote brand names. More focus will be brought to rural development. — VNA/VNS Photo Ngoc Ha HA NOI — The Ha Noi People's Committee plans to spend VND235 billion (US$11.7 million) on stimulating industry in rural areas during 2011-15, officials announced. Hoang Xuan Thuy, director of the Ha Noi Industrial Promotion Centre, said from 2005-10, VND34.3 billion ($1.6 million) from the municipal budget was spent on programmes that aimed to stimulate industry. The city's industrial manufacturing output increased by 16 per cent during this period. More than 40,000 rural workers now have jobs, who account for 4 per cent of the municipal population. Meanwhile, the number of qualified workers in Ha Noi's suburban districts has increased by 20 per cent. Prosperity has also increased in urban areas. Every commune has access to electricity and 63 per cent of … [Read more...] about Ha Noi to promote rural industry
Thailand focuses on Vietnam’s processing industry
The Hanoitimes - Foreign Investment Department (Ministry of Planning and Investment) announced that the average size of a project of Thailand is about 18.4 million, higher than the average rate, a project started foreign investment in Vietnam is about 14 million USD/project. In terms of investment areas, the Thai project investment mainly focuses on the field of processing industry, manufacturing with 200 projects and nearly $7 billion in investment (47% of total projects and 88% of the total investment capital of Thailand in Vietnam). In second place is the field of agriculture, forestry and fisheries with 31 projects and 235.4 million USD investment. Remaining focused on sectors such as wholesale and retail trade, construction. Reportedly, Ba Ria - Vung Tau attract FDI in Thailand with registered capital of 3.77 billion USD. Vinh Phuc ranked second with 744.4 million registered capital. Pacific was third with 513.4 million registered capital investment. Considering the number … [Read more...] about Thailand focuses on Vietnam’s processing industry
Ha Tinh promotes industrial cleaner production
(VEN) - As one of the objectives set out in its Action Plan for Cleaner Production (CP) until 2015, Ha Tinh Province has targeted the promotion of CP in local industries. In recent years, Ha Tinh saw good development progresses during the 2006-2010 period, with annual average GDP growth rate reaching 9.6 percent. The share of industry-construction in GDP grew from 25.56 percent to 32.24 percent. To date, the province has gradually formed large-scale heavy industry centers in Vung Ang Economic Zone with key products such as iron, steel, thermal power, and petrochemicals. In addition, there have been more than 13,000 handicraft production households operating in the province. However, most of them are still using outdated technology, causing high energy consumption and negative environmental impact. In order to prevent and reduce waste while increase efficiency of natural and energy resources, Ha Tinh Province's People's Committee issued the Action Plan for Cleaner Production until 2015 … [Read more...] about Ha Tinh promotes industrial cleaner production
Industrial manufacturing index set to rise 5.9 percent in October
The index of industrial production (IIP) in October is estimated to edge up 5.9 percent compared to the same period last year. Thus IIP in the first ten months of 2013 surged 5.4 percent year-on-year, with industrial processing and manufacturing contributing 4.9 percent, power generation and distribution ticking up 0.6 percent, water supply and waste and wastewater treatment inching up 0.1 percent, whereas mining lost 0.2 percent. Some industries which saw a sharp increase in IIP in first ten months include textiles; leather and leather products machinery; prefabricated metal products manufacturing excluding machinery; vehicle manufacturing; garments; water exploitation, treatment and supply; medicines and pharmaceutical chemicals. Ho Chi Minh City saw IIP in the first ten months climb higher than the country's average growth--at 5.9 percent; Dong Nai Province and Binh Duong Province both gained 7.6 percent; Hanoi City grew 4.45 percent; and Vinh Phuc and Quang Ngai Provinces … [Read more...] about Industrial manufacturing index set to rise 5.9 percent in October