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Holcim (Vietnam) Ltd, formerly Xi Mang Sao Mai is a joint venture between Holcim Ltd. - founded in Switzerland, one of the world’s leading suppliers of cement, aggregates, concrete and construction-related services - and Ha Tien 1, part of the Vietnamese National Cement Corporation. The investment license was issued in February 1994. The licensed investment capital in Vietnam amounts to USD 440 million within a joint venture term of 50 years.
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Decline in building activity and increasing costs put pressure on income statement and lead to capacity adjustments. The balance sheet of Holcim remains strong.
52 prizes in five regional competitions: 15 projects nominated for global Holcim Awards
 
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