Vietnam sees fall in July sales

Vietnam sees fall in July sales
Published: 05 August 2010

Vietnam cement sales in July fell 17.7 per cent to 3.72 Mt, a Ministry of Construction report said.

Cement sales in the first seven months were nearly 28Mt, 55.8 per cent of the whole year’s plan. Industry insiders said the fall in cement sales was normal.

"It is easy to understand why the sales are down. The seventh month in the lunar-calendar is coming," said Tong Duy Tan, head of General Director’s Office of Chinfon Cement Corporation.

"People often think this is not a lucky time so no construction starts. Because of this, demand for cement decreased," said Tan.

The head of the Office Bureau under the Viet Nam Cement Association, Nguyen Van Diep agreed: "No need to worry about the decline in cement sales."

"This situation occurs annually. There have been many storms and rains in recent months so construction has stopped and no new ones have begun."