Forecast: sharp increase expected in construction material prices during Q3
the Ministry of Construction forecasts that the price of construction sand and stone in the third quarter of 2023 will continue to increase
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- Jun 21
Something unprecedented in history is happening at the largest cement company in Vietnam
Vietnam Cement Corporation is facing the most difficult difficulties in 120 years of operation when the consumption and export decline
- Apr 20
Businesses respond when the EU imposes a carbon tax on imported goods
Iron and steel, cement, fertilizer, aluminum, electricity, and hydrogen are products that will be subject to carbon tax when exporting
- Feb 8
Domestic cement consumption is forecasted to continue flat in 2023
Cement consumption will reach about 100 million tons, domestic consumption and export will be at 60 million tons and 35 million tons in 2023
- Feb 8
Cement companies warned about oversupply
Demand in 2023 estimated at 100-105 million tons, up 7-10%, but oversupply remains an issue.
- Jan 27
Domestic cement consumption in 2022 has reached 63 million tons, approximately in 2021
Furthermore, from January 1, 2023, Vietnam has imposed an export tax on clinker from 5% to 10%. The industry is also facing internal
- Aug 29, 2022
Vietnam: Exports fell, cement consumption pressures the domestic market
In 8M-2022, the consumption of cement products is estimated to only reach about 65.3 million tons, down about 8% compared to the same period
- Aug 20, 2022
Vietnam’s coal imports are forecast to rise period 2025-2035
The demand for primary energy, including coal, will continue to increase, possibly peaking in the 2030-2035 period, the ministry said.
- Dec 14, 2021
Domestic consumption of cement and clinker shows signs of improvement, exports continue to increase
Vietnam: domestic cement demand returned in T10, domestic consumption volume was higher than the monthly average in Q3, increasing by 6.9%