Vietnam produces 36.8Mt of cement in Jan-Aug

Vietnam produces 36.8Mt of cement in Jan-Aug
Published: 26 August 2010

Cement producers in Vietnam are estimated to have produced 36.8Mt of cement in the first eight months of this year, the General Statistics Office said.

The figure represented an on-year increase of 17.2%, the GSO said in a statement released Thursday.
In August, the country’s cement output was 5.1Mt, up 16.7% YoY.

The Ministry of Construction forecast Vietnam will face a cement surplus of at least 2Mt this year due to the boom of new cement plants nationwide while its cement export plans are facing difficulties.

The ministry plans to submit a new development planning draft for the cement industry until 2015 and with a vision for future developments through 2025 to the Prime Minister in the fourth quarter of this year.