Vietnam likely to produce 25Mt of cement in 1H

Vietnam likely to produce 25Mt of cement in 1H
Published: 28 June 2010

Vietnam is estimated to have produced 25Mt of cement in the first six months of this year, equalling 50% of its full-year target, the Ministry of Construction said without giving on-year comparison.

Total domestic cement sales in May and June fell sharply against that of April, resulting in Vietnam’s low consumption of 24Mt in 1H, the ministry was cited by the Dau tu newspaper as saying Friday.

Cement firms plan to operate 13 more production lines with total designed capacity of 11.7Mt this year, raising the country’s total designed capacity to 65Mt and actual production capacity of 55Mt.

Vietnam’s cement sales are forecast to reach 50Mt and 51.5Mt in 2010, up 11% YoY.