The Construction Ministry predicts that Vietnam’s total consumption of cement will see a year-on-year increase of 3% and reach 63 million tonnes in 2014.
Of the figure, domestic consumption is likely to hit 48.5-49 million tonnes, while the remaining 13.5-14 million tonnes will be exported.
The Construction Ministry has announced its goals to conduct improved surveys and provide quality forecasts to enhance Vietnam’s monitoring of supply and demand in 2014.
It also aims to closely monitor the implementation of cement projects in the 2012- 2015 period and work with the Vietnam Cement Association to increase its operational efficiency.
In 2013, local cement plants produced 70 million tonnes, and about 61 million tonnes were consumed, exceeding the yearly set target and rising 13.9% year on year.
Approximately 47 million tonnes was sold in the domestic market, and around 14 million tonnes were exported.
Source : VOV Online