Vietnam: Cement consumption reached 93Mt between January - September 2026, as domestic demand increased market growth. Domestic sales reached 65Mt in the first nine months whilst exports reached 28Mt worth US$1bn. Peak construction season and public investment disbursement are expected to support domestic demand in the fourth quarter of 2026. Total cement sales could exceed the 112Mt recorded in 2025.
According to Viêt Nam News, the cement industry produced approximately 11Mt in September 2026, up by 27% year-on-year. Cement and clinker production reached 94Mt in the first nine months of 2026.
Among the three groups of producers, large corporate groups accounted for the biggest share of total cement output, followed by subsidiaries of the Vietnam Cement Industry Corporation (Vicem) and foreign-invested enterprises (FIE). All three groups increased production year-on-year, with FIEs recording the fastest growth.
