Vietnam's cement exports rise 4% in 5M19

Vietnam exported 13.82Mt of cement worth US$589.95m in the 5M19, an increase of four per cent YoY in volume and 23.2 per cent in value, according to the General Department of Vietnam Customs. The country’s cement exports are expected to hit a target of 25Mt in 2019.

Elsewhere, Nguyen Van Cung, chairman of Vietnam Cement Association (VNCA), has stated that the country’s domestic industry requires the participation of large players and firms to help lower production costs, raise labour productivity, increase the competitiveness of products and assist environmental protection, according to Vietnam News.

Mr Cung noted that the average output of Vietnamese companies is still lower than that of foreign firms and joint ventures in the country.