In the past 11 months of 2013, Vietnam exported 12.45 million tons of cement and clinker , accounting for nearly 63% of the year-on-year growth.
Tran Van Huynh, chairman of the Vietnam Building Materials Association (VCMA), said that because of the low price of cement in Vietnam and some neighboring countries , there is a surplus of cement stocks, so exports are the most effective way to solve this problem.
In the first 11 months of Vietnam, total cement sales increased by nearly 13% year-on-year to 55.17 million tons.
The Ministry of Construction estimates that sales of the cement sector this year are likely to reach 60.5 million tons, an increase of 4.5 million tons over the expected target of 56 million tons.
VCMA estimates that domestic demand for cement will decrease from an estimated 75-76 million tons to 60-65 million tons by 2015.
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