- CEO
- Luyen Van Bui
- Full Time Employees
- 77
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Ha Noi Vietnam
- IPO Date
- Nov 2, 2009
- Business
- VICEM Cement Trading Joint Stock Company (HNX: TMX) is a Vietnam-based commercial enterprise primarily engaged in the trading, distribution, and supply of cement, construction materials, and industrial packaging products. Founded in 1993 and headquartered in Hanoi, Vietnam, the company operates as a member subsidiary of Vietnam Cement Industry Corporation (VICEM), the nation's leading cement manufacturing group. The company primarily serves infrastructure contractors, civil engineering enterprises, ready-mix concrete batching plants, and regional wholesale building material distribution networks across northern and central Vietnam.
The company's commercial operations encompass several integrated product and service segments: cement and clinker distribution, including the wholesale and retail supply of Portland cement (PC) and Portland composite cement (such as PCB30, PCB40, and PCB50) sourced from member manufacturers such as VICEM Hoang Thach, VICEM Bim Son, VICEM But Son, and VICEM Ha Tien; raw materials and manufacturing inputs, consisting of clinker, gypsum, blast furnace slag, pozzolanic mineral additives, silica, and refractory supplies utilized in cement production and industrial processing; packaging manufacturing and trading, involving the production, printing, and distribution of woven polypropylene (PP) bags, multi-wall Kraft paper bags, and laminated Kraft-polypropylene (KPK) bags for cement, fertilizers, and agricultural products; multimodal transportation and logistics, delivering freight hauling, inland waterway shipping, railway transit, trucking, port cargo handling, and dedicated warehousing solutions; and auxiliary technical and commercial services, including machinery maintenance, mechanical processing, automotive repair, commercial office and warehouse leasing, and civil construction activities.
In recent corporate developments, VICEM Cement Trading Joint Stock Company has been engaged in enterprise restructuring and operational reorganization under the comprehensive state-capital divestment and restructuring program approved by the Ministry of Construction and parent company VICEM. Under this roadmap, parent entity VICEM is proceeding with plans to divest its equity interest in the company to concentrate capital on primary manufacturing assets and streamline group operations. In parallel, the company has revised and adopted an updated corporate charter and governance framework to align with amended Vietnamese enterprise laws and Hanoi Stock Exchange compliance standards, while systematically optimizing its logistics routing, inventory management, and supplier networks to mitigate domestic market supply surpluses and raw material cost pressures.