Vietnam cement sales rise 5% in March

Vietnam sold an estimated 7.96Mt of cement in March, representing a 4.5 per cent MoM increase and 25 per cent of the full-year target, according to the Vietnam Building Material Association.

Domestic market sales rose 12.6 per cent MoM to 5.56Mt but fell 11 per cent on the year-ago period. The figure includes 2.1Mt sold by the Vietnam Cement Industry Corporation (Vicem).

The country’s exports reported significantly positive results, advancing 30 per cent YoY to 2.3Mt.

In the 1Q18 Vietnam is expected to have sold 20.97Mt of cement, a 15 per cent YoY increase. This includes 7.51Mt of exports, which surged 28 per cent in comparison to the 1Q17.

Source: CEMNET