Weak construction activities have caused a decrease in demand for plastics, impacting business results, but expectations of improvement arise as state capital divestment boosts share prices.
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HO CHI MINH CITY (Vietnam News/Asia News Network): Sixty per cent of companies in HCM City have resumed production since the lockdown was lifted half a month ago.
Enterprises bump up prices on rising raw material costs Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
07/05/2021 11:03 GMT+7
With raw materials prices rising, enterprises are hiking prices to protect their profit margins.
Cement producers in Vietnam are raising prices by VND30,000-40,000 (US$1.31-1.74) per tonne as costs surge. Photo dangcongsan.vn
Cement producers have increased prices by VND30,000-40,000 (US$1.31-1.74), according to Luong Duc Long, vice president and general secretary of the Vietnam Cement Association.
Sai Gon Food Joint Stock Company hiked prices by 5-15 per cent in the first and second quarters, and the rise in the third and fourth quarters might reach 25 per cent, its representative said.