Cement industry expected to bounce back in 2024 | Business | Vietnam+ (VietnamPlus)

Hanoi (VNS/VNA) – The domestic cement industry expects to bounce back in 2024 thanks to the Government’s tireless efforts to speed up public investment and implementation of key transport infrastructure projects, along with approving many industrial and urban infrastructure ones. At the same time, cement producers are also 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 of products per year. However, the Vietnam Cement Association said some importers of Vietnamese cement and clinker continue to implement policies and technical trade barriers to protect their local cement sectors. In…

Source: VietnamPlus
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