Operation of Vietnam's Cement at the Beginning of 2020: Exports to China Decreased by 50% over the Same Period

Under the influence of the novel coronavirus, Vietnam's cement industry is facing many difficulties. Cement sales in export and domestic markets are falling sharply, said

Vietnam Cement Association Chairman Nguyen Quang Gung, who shared the words with the bidding newspaper. In particular, exports to the Chinese market have stagnated, with export volumes falling to only half of the same period in 2019. The price fluctuates due to the increasingly fierce competition among enterprises. Meanwhile, China accounts for 30% of Vietnam's cement and clinker export market, followed by Bangladesh and the Philippines.

In order to deal with the congestion of import and export activities to China in a timely manner, the authorities need to cooperate closely to improve the customs clearance procedures for goods passing through border crossings and ensure speed.