Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
AL CIRCLE

Vietnam’s Aluminium-Bauxite Complex expects profit after three years of operation

EDITED BY : 1MINS READ

Lam Dong Aluminium-Bauxite Complex project is hoping to churn out earnings up to VND1.2 trillion (US$52.6 million) per year after three consecutive years of losses. The Complex has already started seeing their earnings.  

It was forecasted that the project would incur losses for the first five years of operation, but the complex has seen profits right from the fourth year, Deputy Minister of Industry and Trade Do Thang Hai stated during his visit to the project.

{alcircleadd}

news

In March this year, Aluminium-Bauxite Complex incurred a loss of nearly VND3.7 trillion after three years of operation. Business and production loss totalled VND2.5 trillion and exchange rate discrepancies caused losses of VND1.17 trillion.

Aluminium-Bauxite Complex project has a combined investment of VND15.4 trillion, according to the Viet Nam National Coal and Mineral Group (Vinacomin), the project’s investor.

{googleAdsense}

The complex is expected to produce an estimated 630,000 tonnes of aluminium in 2017.

The total production of aluminium stood at 325,900 tonnes in the first half of 2017, and the sales for the first half reached VND2 trillion.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle News App
AL Biz App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.