In 2011, the ministry has estimated cement demand at about 54.5-56Mt, a YoY increase of 9-10 per cent. Of which, Vietnam Cement Industry Corp (Vicem) was expected to produce and sell about 19-19.5Mt while other joint ventures companies 17-17.5Mt, and other cement producers 18.5-19Mt.
As planned, 10 cement projects will be finished and put into operation this year with a production capacity of 9.48Mt. Two projects have already been completed and the other eight projects are scheduled to be finished this year.