Cement News tagged under: Vietnam

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Vietnamese cement market contracts 33% in August

21 September 2021, Published under Cement News

Cement sales in Vietnam fell 33 per cent YoY and 31 per cent MoM to 3,503,485t in August 2021, according to the Vietnamese cement association, VNCA. VICEM sales declined 31 per cent YoY and MoM to 1,122,792t while the sales of its associates fell 48 per cent YoY and 32 per cent MoM to 700,693t in August 2021. Other cement companies reported a 25 per cent YoY and a 27 per cent MoM drop to 1,680,000t during this period. In the first eight months of 2021 domestic sales edged up one per cent to...

Vietnam exports up, domestic market contracts

16 September 2021, Published under Cement News

Vietnamese cement producers sold 8.09Mt of cement in August 2021, representing an eight per cent drop YoY as the COVID-19 pandemic suspended construction projects, according to the latest data from the Vietnamese Ministry of Construction. Of this total 4.97Mt were sold in the domestic market while 3.12Mt were exported. In the January-August 2021 period total sales edged up four per cent to 70.77Mt, of which 43.54Mt were supplied to the domestic market, which contracted by five per cent Yo...

CeMAP records rising cement imports from Vietnam

30 August 2021, Published under Cement News

The Cement Manufacturers Association of the Philippines, (CeMAP) Inc said Vietnam's cement exports to the Philippines rose 17 per cent YoY to 2.51Mt in the first four months of 2021, making the Philippines the second-largest destination for Vietnam exporters. "With a huge surplus and lower domestic demand, we will likely see a more aggressive effort from Vietnam exporters to flood the Philippine domestic market with imported cement," CeMAP Executive Director Cirilo M Pestano II said in a ...

Vietnamese exports slip 2% in July

27 August 2021, Published under Cement News

Total cement and clinker exports from Vietnam declined two per cent YoY in July 2021, according to the Vietnam National Cement Association (VNCA). The country’s cement producers supplied 3,202,346t of cementitious product to customers beyond its borders. However, when compared with June 2021, exports were up by 15 per cent. Of the total, 1,944,217t were clinker exports, down 41 per cent YoY but up 55 per cent when compared with June 2021, when 1,255,479t were exported. Cement exports saw...

Vietnam sees 8% drop in July domestic sales

26 August 2021, Published under Cement News

Cement sales in Vietnam in July 2021 declined eight per cent YoY to 4,964,884t and by 19 per cent from 6,095,139t in June 2021, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by eight per cent to 1,627,342t when compared with July 2020 and by 22 per cent from 1,853,650t in June 2021, while for its associates, the YoY drop was 25 per cent to 1,037,542t and 28 per cent from 1,434,489t in June 2021. However, other cement producers in the country imp...

Vietnamese cement market expands 14% in June

27 July 2021, Published under Cement News

Cement demand in Vietnam rose 14 per cent YoY to 6,095,139t in June 2021 but decreased six per cent when compared with May 2021, when 6,469,659t was supplied to the domestic market, according to the Vietnam National Cement Association (VNCA). Of this total VICEM advanced sales by nine per cent YoY to 1,853,650t in June 2021 but when compared with May 2021, sales dipped eight per cent from 2,013,474t. VICEM affiliates saw sales increase by five per cent YoY to 1,434,489t but reported a seve...

Vietnam considers higher cement export tariff

20 July 2021, Published under Cement News

Vietnam’s Ministry of Finance (MoF) has reportedly proposed that the government consider increasing the export tariffs for clinker to 10 per cent from five per cent, according to Vietnam News. The MoF explained that exports of cement and clinker are not sustainable as their production uses non-renewable sources. Cement and clinker producers in Vietnam are also making use of a low electricity tariff.

Vietnam’s export boost

22 June 2021, Published under Cement News

Vietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining by 5.6 per cent YoY. Meanwhile, clinker and, in particular, cement exports remained strong, surging by 14.9 per cent compared to a year earlier. Both the positive long-term outlook for Vietnam’s cement market as well as the ability to export to overseas destinations bode well for domestic cement ma...

Vietnam market expands 16% in April

14 June 2021, Published under Cement News

Cement dispatches in Vietnam reached 6.551Mt in April 2021, up 16 per cent YoY, according to the Vietnam Cement Association (VNCA). VICEM reported a 17 per cent YoY rise in sales to 2.26Mt while its affiliated companies saw a six per cent YoY uptick to 1.661Mt. Other Vietnamese producers supplied 2.63Mt, up 22 per cent when compared with April 2020. Exports advanced 79 per cent YoY to 4.323Mt in April 2021. Of this total 2.826Mt was clinker, which saw a 17 per cent YoY hike, and 1.498Mt wa...

Vietnam's cement exports surge while domestic prices rise

01 June 2021, Published under Cement News

Vietnam's Department of Building Materials, Ministry of Construction, reports that in the first four months of 2021, the country’s consumption of cement products is estimated to reach 34.58Mt, up 16.5 per cent YoY.  Domestic consumption accounted for around 19.44Mt, a slight increase over the same period last year, while cement exports surged to 65 per cent over 2020 to 15.14Mt.  Besides gains in consumption, many cement companies also raised product prices. Accordingly, Vicem Hoang Ma...