Input prices for cement production continued to increase, also putting a burden on enterprises. Since the beginning of this year, cement production and consumption have faced many difficulties. Given the slow domestic consumption, many cement enterprises have chosen to export as a temporary solution to deal with excessive cement sources. Occupying about 36 per cent market share, Việt Nam Cement Corporation (VICEM) has also suffered. Facing the situation of slow domestic consumption, many cement enterprises have chosen to export as a temporary solution to deal with excessive cement sources.

Source: Viet Nam News August 10, 2023 21:15 UTC