Vicem Gypsum & Cement JSC is a Vietnam-based building materials enterprise primarily engaged in the processing, trading, and distribution of gypsum, cement, and related construction supplies. Established in 1993 and headquartered in Da Nang, Vietnam, the company operates as an affiliate of the state-owned Vietnam National Cement Industry Corporation (VICEM). The company's core commercial offerings and operational segments encompass: processing and trading of natural gypsum rock, crushed gypsum, and synthetic gypsum additives utilized as setting retarders in industrial cement manufacturing; wholesale and retail distribution of commercial Portland cement products, including PCB30, PCB40, and PC50 grade cement under the VICEM brand network; manufacturing and supply of unburnt building materials, concrete blocks, plaster products, and gypsum ceiling solutions; inland freight forwarding, marine transportation, and port stevedoring services for heavy industrial materials; and commercial warehousing, cargo handling, and construction equipment leasing services. Vicem Gypsum & Cement JSC caters primarily to cement manufacturing plants, commercial developers, infrastructure contractors, and building material distributors across Central Vietnam and the Central Highlands, supported by cross-border raw material import channels. In recent strategic and operational developments, the company has implemented comprehensive restructuring programs across its supply chain and commercial operations to navigate cyclical construction sector headwinds and domestic cement overcapacity; expanded the integration of synthetic FGD gypsum and recycled industrial by-products into its supply portfolio in alignment with group-wide green manufacturing and circular economy directives; optimized regional logistics networks and warehouse distribution hubs in Central Vietnam to improve delivery timelines and lower transport overheads; re-engineered trade financing arrangements with major manufacturing partners; and upgraded operational inventory tracking systems to bolster cost efficiency and strengthen supply chain coordination within the VICEM enterprise ecosystem.