Cement dispatches in Vietnam increased by 22 per cent YoY to 7.828Mt in March 2025, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM delivered 2.122Mt, up 31 per cent YoY, while other VNCA members saw a 22 per cent YoY increase to 2.712Mt. Non-members reported an 18 per cent YoY increase to 8.61Mt.

Export volumes rose seven per cent to 3.025Mt, with clinker exports up 12 per cent YoY to 1.235Mt, while cement exports rose five per cent YoY to 1.79Mt. VICEM exported 26,021t of clinker, down 82 per cent YoY, and 202,705 of cement, down 21 per cent YoY. Other VNCA members saw a 72 per cent YoY increase in clinker exports to 38,311t, but a 31 per cent YoY decline in cement exports to 230,260t. Clinker exports by non-members rose 25 per cent YoY to 1.17Mt, while cement exports increased 21 per cent YoY to 1.357Mt.

January-March 2025
In the first quarter of 2025, cement dispatches in Vietnam rose 14 per cent YoY to 15.556Mt. This compares to a 12 per cent YoY contraction in domestic sales in the first quarter of 2024. Sales rose one per cent YoY for 2024 as a whole and amounted to 95.043Mt.

VICEM saw a 20.8 per cent YoY rise in domestic sales to 4.234Mt in the first three months of 2025, while other VNCA members reported a 16 per cent YoY increase to 2.712Mt. Domestic dispatches by non-members rose 9.7 per cent YoY to 8.610Mt.

Total exports increased by four per cent YoY to 8.355Mt in the first quarter of 2025, with clinker exports up five per cent YoY to 3.591Mt and cement exports up three per cent YoY to 4.765Mt.

VICEM’s clinker exports dropped 87 per cent YoY to 54,329t and cement exports by 47 per cent to 343,988t. Other VNCA members reported clinker exports of 54,329t, down 27 per cent YoY, and cement exports of 687,103t, down 20 per cent YoY. Non-members saw a 19 per cent YoY increase in clinker exports to 3.454Mt and a 20 per cent YoY increase in cement exports to 3.734Mt.

Vietnam is the second most important supplier of cement and clinker to the USA. Vietnamese imports amounted at 4.1Mt in 2024. The 46 per cent tariff imposed by the USA on Vietnamese imports – one of the highest announced by the USA – could significantly curtail Vietnamese imports and dent activity at export-facing cement and clinker producers. As of 11 April, the tariff had been suspended for 90 days pending discussions.