October 19, 2017 1:52 AM ET

Construction Materials

Company Overview of Vietnam Cement Industry Corporation

Company Overview

Vietnam Cement Industry Corporation manufactures and sells cement. It offers products through a network of dealers in Vietnam. Vietnam Cement Industry Corporation was formerly known as The Union of Cement Plants and changed its name to Vietnam Cement Industry Corporation in 2011. The company was founded in 1980 and is based in Hanoi, Vietnam.

228 Le Duan str – Dong Da

Hanoi,  10000


Founded in 1980


84 4 851 2425


84 4 851 2778

Key Executives for Vietnam Cement Industry Corporation

Vietnam Cement Industry Corporation does not have any Key Executives recorded.

Vietnam Cement Industry Corporation Key Developments

Vicem Included In Moc Plans For IPO

Vietnam Cement Industry Corporation is included in Ministry of Construction's plan for conducting Initial Public Offering (IPO) in 2016.

Suitors Reportedly Eye Holcim (Vietnam)

The Siam Cement Public Company Limited (SET:SCC), Taiheiyo Cement Corp. (TSE:5233), and Vietnam Cement Industry Corporation (Vicem) are interested in acquiring stake in Holcim (Vietnam) Co., Ltd. from LafargeHolcim Ltd. (SWX:LHN). LafargeHolcim has launched a mandatory tender offer for the acquisition of the remaining shares of Holcim Vietnam, in which the group holds a 65% stake, and the rest held by Vicem. According to a VIR's source, the price offering was US$450 million. Vicem's Chairman of the board Luong Quang Khai confirmed that Vicem had not made a detailed offer, but it was weighing its options for the future. The deal depended on the price set by LafargeHolcim Group, and on Vicem and its consultants' valuation of the company and its growth prospects.

Vietnam Cement Industry Seeks IPO

Vietnam Cement Industry Corporation is seeking financing. The company is planning an Initial Public Offer (IPO) in the first quarter of 2016.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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