Vietnam cements sales rise by 9.8% to 15.7Mt in first quarter of 2016

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Vietnam: Total clinker and cement sales rose by 9.8% year-on-year to 15.71Mt in the first quarter of 2016, the Building Material Department under the Ministry of Construction has said. The sales figure represents 20.7% of the country’s target for 2016.

In March 2016, the country’s cement sales rose by 17% year-on-year to 6.27Mt, supported by growing construction projects and the recovery of the real estate market. Clinker and cement exports grew by 115% year-on-year to 1.35Mt March 2015. Total export volumes for the first quarter of 2016 rose by 2% to 3.5Mt.

The Ministry of Construction forecasts that Vietnam's sales of cement and clinker will rise 4 - 7% on year to between 75 – 77 Mt in 2016 despite economic concerns. The country now has 76 cement production lines with a combined production capacity of 82Mt/yr.

Last modified on 06 April 2016

URL: https://www.globalcement.com/news/item/4767-vietnam-cements-sales-rise-by-9-8-to-15-7mt-in-first-quarter-of-2016

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