Cement industry busy with many takeover dealsVietNamNet Bridge - Vietnam has the largest cement plant in Southeast Asia as well as many other plants, creating excessive supply. This has led to more merger and acquisition (M&A) deals in recent years. Vietnam has the largest cement plant in Southeast Asia as well as many other plants, creating excessive supply. SCG Cement bought Buu Long cement plant in Dong Nai province in 2012. SCG Cement, belonging to SCG, has been developing many projects in Vietnam.In 2012, SCG bought 85 percent of stakes of Prime Group Vietnam, the tile manufacturer.

Source: VietNamNet News September 04, 2016 03:00 UTC