Vietnam: The Vietnam Building Material Association has predicted that revenue from cement exports is set to fall by 7% year-on-year to US$556m in 2016 from around 15Mt of cement and clinker. In the first 11 months of the year the country’s export volumes fell by 5.93% to 14Mt/yr. The decline has been blamed on competition from foreign companies inlcuding those in China, India, Pakistan and Thailand. The association also blamed the high cost of exports.
Vietnam cement exports set to fall in 2016
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