Data from the Department of Building Materials of Vietnam showed that demand for cement and clinkers reached 24 million tonnes as of year-to-date (up by 15% year-on-year), while cement production for 2016 is projected to reach a range of 75 million to 77 million tonnes.
The department noted that cement prices remain stable despite the demand surge, which is attributed to the recovery of the property market.
Demand for cement from the local market rose 17% to 6.07 million tonnes in April 2016 compared to export volume that grew from 4.75 million to 5.15 million tonnes.
In particular, Vietnam Cement Industry (Vicem) sold 2.4 million tonnes of cement (up 31%) to the local market in the cited month, while its overseas sales reached 1.06 million tonnes.
