Cement, clinker exports likely to reach yearly targets
Cement bags are loaded onto ships for export (Photo: hoivlxdvn.org.vn)
During the reviewed period, 17.3 million tonnes of cement and clinker were shipped overseas, according to the data.
In the first half of this year, the country exported 15.6 million tonnes for 667 million USD, up 1.3 percent in volume and 18 percent in value compared to the same period of last year.
The Vietnam Cement Association attributed the seven-month’s performance to positive demand from the world market and the export prices of cement which increased by 15-17 percent year-on-year. That helped Vietnamese businesses increase their turnover.
Vietnam’s cement and clinker market saw a solid growth of 7 percent in 2018, fuelled by the improved real estate market and optimistic construction market, experts said.
Demand grew by 19 percent last year to 96.7 million tonnes, with exports accounting for 31.6 million tonnes rising 55 percent, according to the Ministry of Construction.
China’s shutting down of polluting cement plants and forcing others to cut production created an opportunity for Vietnamese firms to increase exports. Last year, Viet Nam exported 9.8 million tonnes of cement and clinker to the neighbour, accounting for 31 percent of its total exports.
The ministry forecast that demand would likely to increase marginally to 98-99 million tonnes by the end of this year. This would include domestic consumption of 70 million tonnes and exports of 28-29 million tonnes, it said.
Related News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Proactively control counterfeit goods and infringing intellectual property rights
10:32 | 02/04/2023 Anti-Smuggling
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Latest News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
More News
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export