Vietnam Jan-Nov cement sales up 16%

Cement sales in Vietnam jumped 16 per cent YoY to 64.46Mt in the first 11 months of this year, fulfilling the whole-year target, according to the government’s data.

Of the sum, 46.16Mt were sold in the domestic market, rising eight per cent YoY and meeting 94 per cent of the year’s plan. A total of 18.30Mt were exported, rising 43 per cent and surpassing the year’s target by 22 per cent.

In November, Vietnam’s cement sales rose one per cent YoY to 6.2M, including 4.52Mt of domestic sales, up three per cent MoM and 25 per cent YoY and cement exports dropped 50 per cent MoM and 35 per cent YoY to 1.5Mt.