It is expected that in the first phase, greenhouse gas emission quotas will be allocated to 150 facilities with large emissions in 3 fields:

the Ministry of Construction forecasts that the price of construction sand and stone in the third quarter of 2023 will continue to increase

Vietnam Cement Corporation is facing the most difficult difficulties in 120 years of operation when the consumption and export decline

Iron and steel, cement, fertilizer, aluminum, electricity, and hydrogen are products that will be subject to carbon tax when exporting

Cement consumption will reach about 100 million tons, domestic consumption and export will be at 60 million tons and 35 million tons in 2023

Demand in 2023 estimated at 100-105 million tons, up 7-10%, but oversupply remains an issue.

Furthermore, from January 1, 2023, Vietnam has imposed an export tax on clinker from 5% to 10%. The industry is also facing internal

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

The demand for primary energy, including coal, will continue to increase, possibly peaking in the 2030-2035 period, the ministry said.

Vietnam: domestic cement demand returned in T10, domestic consumption volume was higher than the monthly average in Q3, increasing by 6.9%

Export volume maintained its upward momentum, domestic consumption recovered again in September 2021.domestic cement selling price increased