1. Sector Overview
2. Recent Happings

A. Sector Overview

VIETNAM CEMENT AND CLINKER EXPORT PERFORMANCE (JAN–AUG 2024)

• Exports: 20.55 million tons, valued at $788.8 million, down 3.2% in volume and 14.5% in value YoY.
• Average Price: $38.4/ton, decreased 11.6% YoY.
• August Performance: 2.33 million tons, worth $90.13 million, down 7% MoM and 14.3% YoY in volume.

Industry Challenges:

• Weak Domestic Demand: Real estate slowdown and high material costs (sand, fuel, additives).
• Export Pressures: Declining prices despite rising production costs.
• Environmental Regulations: Imminent carbon trading and sustainability demands.

Future Focus:

• Sustainability: Emphasize green practices (alternative fuels, waste utilization).
• Policy Support: Seek clearer guidelines for industrial waste usage.
• Market Adaptation: Stabilize production while maintaining competitiveness in global markets.

Vietnam’s cement industry must innovate and prioritize sustainable production to address market and regulatory challenges.

B. Recent Happenings