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
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
