Home Economy

Central city starts on unbaked brick plant

Apr 14th at 10:45
14-04-2014 10:45:20+07:00

Central city starts on unbaked brick plant

The central city has commenced construction of the biggest unbaked brick plant in Hoa Vang district with a capacity of 110 million bricks per year.

The plant received a total investment of US$4.5 million from Toan Hoa Vinh trading and service joint-stock company and is slated to start delivery by this September.

Once the plant becomes operational, it will be able to meet the demand to use unbaked bricks following the Government's programme on development of unbaked constructional material by 2020 and reducing carbon emissions in the environment.

According to a forecast by the Viet Nam Association of Construction Material, Viet Nam's construction industry will need 42 billion bricks in 2020 with a consumption of 5 million tonnes of coal and an emission of 17 million tonnes of carbon. Viet Nam's unbaked brick plants can produce 6 billion bricks.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Indian, Vietnamese firms look to boost investment
ECONOMY Apr 14th at 10:40

Indian, Vietnamese firms look to boost investment

Trade between India and Viet Nam has room for further development as economic cooperation still falls short of potential and expectations, Deputy Chairman of HCM...

Ariston opens $18 million factory in Bac Ninh
ECONOMY Apr 12th at 14:53

Ariston opens $18 million factory in Bac Ninh

Italy’s Ariston Thermo, one of the world leading companies in heating and water heating, on April 11 opened its $18 million new manufacturing plant near Hanoi, its...

Vietnam pays a heavy price for “fill-up” policy
ECONOMY Apr 12th at 14:48

Vietnam pays a heavy price for “fill-up” policy

Local authorities have kept industrial zones’ (IZ) doors opened widely to all investors, striving to attract as many investors as possible. And now they are paying...

Viet Nam forum scores Berlin success
ECONOMY Apr 12th at 14:47

Viet Nam forum scores Berlin success

A Viet Nam investment forum that took place in Berlin on Thursday was a success as nearly 200 German companies participated in the event.

Stable price initiative a success
ECONOMY Apr 12th at 14:45

Stable price initiative a success

The city's market stabilisation programmme, with its diverse, high quality products and reasonable prices, has become an effective way to regulate and stabilise...

Ariston Thermo opens new plant in Bac Ninh
ECONOMY Apr 12th at 14:36

Ariston Thermo opens new plant in Bac Ninh

Ariston Thermo, Italian heating and water heating manufacturer, opened a new manufacturing plant in Tien Son Industrial Park of Bac Ninh Province.

How should Vietnam behave towards transfer pricing?
ECONOMY Apr 11th at 16:18

How should Vietnam behave towards transfer pricing?

While taxation agencies are vowing to punish those foreign invested enterprises (FIEs) which conduct transfer pricing, investment consultants believe that the...

Vietnam ponders over $475mn support for livestock farmers
ECONOMY Apr 11th at 16:13

Vietnam ponders over $475mn support for livestock farmers

The Vietnamese Ministry of Agriculture and Rural Development is soliciting feedback on an incentive policy that seeks to earmark more than VND10 trillion (roughly...

Megamall in Hanoi’s Long Bien taking shape
ECONOMY Apr 11th at 10:28

Megamall in Hanoi’s Long Bien taking shape

Japanese giant retailer AEON and Vietnamese Him Lam Joint Stock Company have announced plans to break ground on a multi-million dollar shopping complex in Hanoi’s...

Vietnam has had enough of hundred-billion dollar projects
ECONOMY Apr 11th at 10:26

Vietnam has had enough of hundred-billion dollar projects

Vietnam, having been burned several times with “super projects”, now casts a suspicious eye on proposals for mammoth, multi-billion dollar projects.

Read More

MOST READ

Back To Top