Over the past five years, some cement companies operating under Vicem, namely Cam Pha, Hoang Thach, Ha Tien 1, Hoang Mai exported products to of Africa, Middle East and Cambodia but their export volume remained low. Therefore, Vicem recently cooperated with its member companies to organise surveys in many regional markets for the preparation of a cement export plan.
After the surveys, a number of cement export deals was signed, namely to countries such as Cambodia and Laos. Many specialists said that Vietnam’s cement export will likely suffer the heavy competitive pressure from importers’ domestic market. Also, the big markets like Europe and US are dominated by Thai cement. Vietnam will have difficultly seeking buyers in the markets where Thailand’s cement is already sold because Thailand’s clinker price is cheaper.
Source: IntellAsia
