Cong Ty Co Phan Xi Mang Tien Son Ha Tay (Ha Noi(municipality)) (Vietnam)

Tien Son Ha Tay Cement Joint Stock Company, located in Ha Noi, was established on October 3, 1966. It was formed through the merger of Vinh Son quarrying site and Tien Mai limestone enterprise and was initially named Tien Son limestone enterprise. In early 1995, the company changed its name to Tien Son Cement Company. On November 13, 2003, the People's Committee of Ha Tay province issued a decision to convert Tien Son Cement Company into Tien Son Ha Tay Cement Joint Stock Company. The company's main products and services include cement production, clinker production, building materials, civil and industrial construction, traffic construction, irrigation, leveling works, and motel and hotel business. The company has expanded its production scope, invested in research and technology, and improved its product quality. It has a strong brand presence and has achieved good revenue growth. However, it faces competition from other cement companies in the area. The company is currently producing cement using vertical kiln technology, which leads to higher operating costs. It is preparing to implement an investment project to switch to rotary kiln technology, which will reduce costs and improve efficiency. The company's development and investment strategies are aligned with the construction and infrastructure development industry, which plays a crucial role in the economy. Despite economic fluctuations, the cement industry remains resilient due to its usage in various sectors related to construction.