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cement

Philippines initiates preliminary safeguard measures investigation on cement from VN

Philippines initiates preliminary safeguard measures investigation on cement from VN

The Philippines has initiated a preliminary safeguard measures investigation on the importation of cement from various countries, including Việt Nam, according to the Việt Nam Trade Office to the Philippines.
Cement manufacturers raise prices as electricity costs drive up inputs

Cement manufacturers raise prices as electricity costs drive up inputs

The price adjustment will see an increase of VNĐ50,000 per tonne for most companies, while The Vissai has set a smaller increase of VNĐ46,300 per tonne.
Vietnamese enterprises to export cement to South Africa

Vietnamese enterprises to export cement to South Africa

Cẩm Phả Cement JSC and Vicem Hạ Long Cement JSC jointly signed an agreement on exporting cement and clinker.
Cement industry struggles amid weak demand, intense Chinese competition

Cement industry struggles amid weak demand, intense Chinese competition

With the Chinese real estate market stagnant, Chinese cement surplus is set to compete with Vietnamese cement in export markets like the Philippines, Central America and South Africa. This competition is straining the health of cement firms, a trend likely...
Cement market continues to face difficulties

Cement market continues to face difficulties

Only 44,600 tonnes of cement and clinker were exported to the Chinese market in the first six months of this year, bringing in less than US$1.57 million in foreign currency.
Taiwan initiates anti-dumping investigation into Vietnamese cement and clinker

Taiwan initiates anti-dumping investigation into Vietnamese cement and clinker

Taiwan (China) initiated an anti-dumping investigation into cement and clinker originating or imported from Việt Nam, with the alleged dumping margin against Việt Nam being 16.99 per cent. 
Cement makers call for scraping of clinker export tax

Cement makers call for scraping of clinker export tax

The association and its members urged the government to review the tax, which they say has placed additional burden on the already struggling industry.
Cement Association proposes Prime Minister address challenges facing producers

Cement Association proposes Prime Minister address challenges facing producers

The industry is currently grappling with many challenges that threaten to push producers into bankruptcy and potential acquisition.
Cement industry expected to bounce back in 2024

Cement industry expected to bounce back in 2024

Cement producers are trying to expand their markets, shifting to several outlets such as the US, Australia, North America, South America and Africa, to reduce dependence on China and take full advantage of the industry which can provide up to 120 million tonnes...
Profit margin of cement businesses to improve in Q3: KIS Securities

Profit margin of cement businesses to improve in Q3: KIS Securities

For input materials, the recent sharp in input prices will benefit most cement producers.
Cement companies suffer losses, pressured by lower consumption and rising prices

Cement companies suffer losses, pressured by lower consumption and rising prices

Difficulties in production and consumption are still facing cement businesses. Input prices for cement production continued to increase, also putting a burden on enterprises.
Exports of cement and clinker fall

Exports of cement and clinker fall

The Ministry of Construction said that production and consumption of some key construction materials in the first half of the year declined sharply.
Cement industry suffers financial losses during Q1

Cement industry suffers financial losses during Q1

Decreased demand and increased costs have put cement makers in a difficult spot financially during the first quarter of 2023, said industry insiders and experts.
VN-Japan joint venture ships 31,500 tonnes of cement to the US

VN-Japan joint venture ships 31,500 tonnes of cement to the US

Experts said that between mid-April 2022 and now, Viet Nam’s quiet construction situation has directly affected the sales of the building material market. In addition, the country’s cement exports have also plunged to record lows in many years.
Despite stable price, Vietnamese cement and clinker exports still fall sharply

Despite stable price, Vietnamese cement and clinker exports still fall sharply

Export tax on clinker increased from 5 per cent to 10 per cent from January 1 this year.