Vietnam August production rises 8.32%

Vietnam cement production in August climbed to 4.9Mt, an 8.32 per cent increase compared to the same period of last year, the General Statistics Office has said.

Compared to July 2013, last month’s output rose by 6.52 per cent on a MoM basis. The office revised down production in July to 4.6Mt from a previous estimate of 5.1Mt.

In the first eight months of this year, the country is estimated to have produced 36.9Mt of cement, representing an increase of 4.78 per cent YoY.

Last year production was 47.01Mt, fulfilling 85.5 per cent of the full-year target.