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News Building Material Forum forecasts decline in Vietnamese cement exports with the end of China’s infrastructure stimulus package

Building Material Forum forecasts decline in Vietnamese cement exports with the end of China’s infrastructure stimulus package

Written by Global Cement staff 06 July 2021
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Vietnam: The Building Material Forum has predicted that Vietnam’s cement export volume will undergo a 25 – 30% short and medium-term decline if the government of China suspends its stimulus package on infrastructure. The Viet Nam News newspaper has reported that China’s subsidisation of infrastructure and industrial construction totalled US$163bn in 2020, up by 34% year-on-year.

Last modified on 07 July 2021
Published in Global Cement News
Tagged under
  • Vietnam
  • Export
  • China
  • Building Material Forum
  • Government
  • Infrastructure
  • GCW513

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