HUGE SURPLUS ALARMS VIETNAM'S GLASS ASSOCIATION.

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HUGE SURPLUS ALARMS VIETNAM'S GLASS ASSOCIATION.

Publication: AsiaPulse News

Publication Date: 31-MAY-06

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HANOI, May 31 Asia Pulse - Vietnam's glass makers have stockpiled a combined total of 21 million sq.m of glass, amassed during a period of near standstill industry growth paralleling the stagnant real estate market, according to the Vietnam Construction Glass Association.

The associations general secretary, Ngo Van Thanh, said the oversupply was remarkably high, and a major headache for the nations glass enterprises. Besides a slowdown in new...

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