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30
Oct

Vietnam Cement Market Q3/2025: “Hinge for a New Growth Cycle”

Posted on Categories Cement, Clinker Author By quantri Leave a comment

While China is planning to cut 500 million tons of clinker each year to restructure the industry and balance supply and demand, in Vietnam, policies are encouraging an increase in capacity and output, opening up a new stage of recovery and breakthrough for the cement industry.

1. Domestic market: Prolonged rainy season slows down consumption

Output and general trends

In Q3/2025, domestic cement consumption reached about 18 million tons, equivalent to 79% of Q2, a decrease of about 21%. The main reason comes from unfavorable weather: prolonged storms disrupted construction and clinker transportation, especially in the northern and central provinces – which were directly affected by four major storms in September 2025 alone.

Not only did consumption decline, but many enterprises also faced marine transportation risks. A typical case was the Thái Hà 8888 vessel carrying over 6,000 tons of bulk cement, which sank off the coast of Thừa Thiên Huế in October, causing significant cargo damage.

Southern region: Resilient and booming

In contrast to the North, the Southern market maintained stable consumption thanks to strong momentum from public investment. The disbursement of capital reached the highest level in many years, boosting stable demand for basic materials such as cement, steel, sand, and stone.

Key infrastructure projects such as the North–South Expressway (phase 2), Ring Road 3 in Ho Chi Minh City, Ring Road 4 in Hanoi, Long Thanh Airport, along with a series of port, bridge, and road projects, are entering peak construction phases, helping cement factories in the southern region maintain steady production.

2. Export market: A bright spot during the low season

Contrary to the domestic slowdown, Vietnam’s cement export market in Q3/2025 continued to improve. The total volume of cement and clinker exports reached about 9.5 million tons, up roughly 10% compared to Q2/2025.

Domestic enterprises actively expanded export orders to the Middle East, Africa, and Eastern Europe to maintain stable operations amid domestic challenges. Despite trade barriers such as anti-dumping duties in the Philippines and Taiwan, or a 20% import tariff in the U.S., Vietnamese cement has maintained its export momentum, affirming its competitiveness in the mid-to-high segment of the regional market.

Moving towards “green” production

In addition to trade activities, Vietnam’s cement industry is accelerating its green transformation. While major competitors such as China and Indonesia have carried out strong restructuring and applied mandatory renewable energy ratios, Vietnam has also made significant progress. Companies such as Vicem, Lam Thach, and Cong Thanh are investing in waste-heat recovery power generation systems to reduce CO₂ emissions and optimize energy costs in production.

3. Q4/2025 Outlook: Expectation of strong recovery

Entering Q4/2025, with drier weather and continued strong disbursement of public investment, the cement market is expected to see strong growth in both domestic and export demand.

If there are no major fluctuations in energy or transport costs, Q4/2025 is forecast to be a “breakthrough” quarter, helping enterprises offset Q3’s decline and opening a new growth cycle for the entire industry.

VietnamCement #CementMarket2025 #ClinkerExport #VietnamExporter #CementIndustry #SustainableCement #GreenBuildingMaterials #CementTrade #ConstructionVietnam #Greencement

Source: ximang.vn
Author: Elly Nguyen (+84 369 980 010)

08
Jul

Cement Consumption on the Rise – VICEM Makes a Strong Comeback

Posted on Categories Cement, Clinker, Uncategorized Author By quantri Leave a comment

In the first half of 2025, total cement and clinker consumption across Vietnam (including exports) reached 53.79 million tons, marking a 12.7% increase compared to the same period in 2024. Domestic demand surged impressively to 36.89 million tons, up 15.5% year-over-year.

Among market leaders, VICEM reaffirmed its industry-leading position with 10.11 million tons consumed, a robust 18.7% increase. Joint ventures contributed 6.38 million tons (+13.2%), while the non-state sector reached 20.10 million tons (+14.6%).

Following consolidated results across its member units, VICEM’s parent company recorded a profit of VND 192.7 billion, marking a major turnaround from the loss in the same period last year. This strong recovery demonstrates VICEM’s effective governance and resilience in an increasingly competitive market.

Looking ahead to Q3 and the rest of the year, domestic cement demand is expected to continue rising, driven by accelerated public investment, particularly in infrastructure and construction. The real estate sector is also projected to recover as legal bottlenecks begin to ease.

Notably, VICEM has been positioned by the government not only as a commercial entity but also as a market stabilizer and industry leader, with a key responsibility to preserve State capital and support national infrastructure development.

Still, the cement industry faces multiple challenges:

  • Early onset of stormy weather in the North and Central regions is likely to disrupt construction progress;
  • Increasing price competition and market saturation;
  • Shifting demand patterns from bagged cement to bulk, and from premium to lower-cost products, placing pressure on profit margins.

In response, VICEM has prioritized its “Green Cement” strategy, focusing on:

  • Expanding mining capacity to secure raw material supply;
  • Upgrading production lines to improve efficiency and reduce energy consumption;
  • Investing in waste heat recovery power systems at cement plants – reducing electricity costs and cutting CO₂ emissions, in line with sustainable development goals.

In this green transition journey, Supas Vietnam is proud to stand alongside VICEM and the broader cement industry, delivering high-quality, environmentally responsible solutions and supporting the sustainable future of Vietnam’s construction sector.

#Vicem2025 #CementMarket #GreenCement #SupasVietnam #ClinkerExport #VietnamLogistics #SustainableGrowth #InfrastructureDevelopment #PublicInvestment #VietnamRealEstate #ConstructionIndustry #VietnamCement #NetZeroTransition

Collector: Ms. Elly (+84 369 980 010)

27
Jun

Clinker Export Tax Cut: A Fresh Breeze for Vietnam’s Cement Industry?

Posted on Categories Cement, Clinker Author By quantri Leave a comment

Clinker Export Tax Cut: A Fresh Breeze for Vietnam’s Cement Industry?

Starting from May 19, 2025, Vietnam’s cement industry has entered a new chapter. Under Decree 108/2025/NĐ-CP, the export tax on clinker has been reduced from 10% to 5%. This policy is valid until the end of 2026 and will return to the original rate in 2027.

This is more than just a tax change. It’s a clear signal from the government to ease difficulties and revive an industry under pressure both at home and abroad.

🎯 Two goals at once: Relief and momentum

After years of oversupply, with 92 production lines but only 77% running, and 34 lines already shut down, Vietnam’s cement industry is facing serious challenges in inventory, cash flow, and market demand.

The clinker tax cut acts as a release valve, giving companies a chance to:

Clear excess inventory and ease financial pressure
Offer better export prices to compete with low-cost rivals like China and Indonesia
Restructure operations or invest in green technology

📉 Short-term: Still uncertain

The policy is positive, but the market hasn’t responded clearly. Some deals are delayed as companies wait for guidance or haven’t adjusted prices yet.

Current FOB clinker prices remain at USD 35–38/ton, still low and not yet reflecting the new tax advantage.

📈 Mid-term: Optimism on the horizon

Data from early 2025 shows clinker exports rose 3.2% in the first four months. The policy is starting to work, though external factors continue to hold back a strong rebound.

🌍 External barriers still exist

The Philippines is considering extending safeguard tariffs.
Taiwan has already applied anti-dumping duties.
The US hasn’t acted yet, but exporters remain cautious.

👷 SUPAS seizes the opportunity

SUPAS, a key player in clinker and bulk cement exports, is adjusting strategy in line with the new tax change. With logistics advantages, stable material sources, and global clients, SUPAS believes this is the right moment to grow market share and long-term strength.

🔮 What’s next?

If exporters quickly adjust prices and leverage public investment, Vietnam’s clinker exports could grow 10–15% in 2025.

👉 Lower taxes are just the beginning. For real progress, the industry must go greener, improve product quality, and make the most of trade agreements.

Collector: Ms. Elly (+84 369 980 010)

#ClinkerExport #VietnamCement #TaxPolicy #ExportStrategy #SUPAS #CementIndustry #ConstructionMaterials #GreenCement #TradeUpdate #VietnamManufacturin

15
May

Two Contrasting Trends in Vietnam’s Clinker and Cement Export Market – April 2025

Posted on Categories Cement, Clinker Author By quantri Leave a comment

In April 2025, Vietnam’s cement exports continued their upward momentum, reaching over 2.04 million tons—an increase of 11% compared to both March 2025 and the same month last year. In stark contrast, clinker exports dropped sharply to just over 909,570 tons, a 23% decline from the previous month. This shift highlights a clear trend: cement is now dominating the export mix, accounting for 69% of the total export volume.

Throughout April, cement prices remained stable, with no significant fluctuations from March. Domestic production capacity has proven sufficient to meet both local consumption and growing international demand.

Asian markets continued to be the primary destinations for Vietnamese clinker and cement. The Philippines led the way with nearly 2.63 million tons imported, valued at approximately USD 98.9 million. However, this still reflected a 5.1% drop in volume and a 12.9% decrease in value compared to the same period last year. The average export price fell to just USD 37.6/ton—the lowest level recorded in the past two years.

Bangladesh ranked second, importing around 2.19 million tons worth USD 67.76 million. This marked a steep decline of 24.7% in volume and 26.7% in value. The average price for this market was even lower—just over USD 30.9/ton—the lowest among Vietnam’s key export destinations.

Several factors are shaping this divergence in the export landscape:

  • Surging domestic demand for cement has significantly reduced surplus clinker available for export.
  • New floor pricing policies and tighter export regulations have created additional barriers, especially for clinker.
  • Strategic alignment among major exporters is steering the industry toward healthier competition and a focus on higher-value products.
  • Most notably, the inconsistent U.S. trade and tax policies are emerging as a new source of uncertainty. The lack of clear direction from the U.S. government has made it difficult for Vietnamese exporters to plan for long-term market engagement.

Edited by: Ms. Elly (+84 369 980 010)

#VietnamCement #CementExport #ClinkerExport #ConstructionMaterials #SoutheastAsiaTrade #GreenCement #GlobalSupplyChain #SustainableConstruction #BuildingMaterials #CementIndustryTrends #ExportUpdate #MarketInsight #VietnamIndustry #TradePolicy #EnergyTransition #LogisticsAsia #CementMarket2025

04
Apr

Vietnam’s Cement Industry Sees Impressive Growth in Q1/2025

Posted on Categories Cement, Clinker Author By quantri Leave a comment

Despite high input costs and a sluggish real estate market, Vietnam’s cement industry recorded a notable recovery in both domestic consumption and export performance during the first quarter of 2025.

According to the Q1/2025 Cement Market Report, domestic consumption in March reached approximately 8.55 million tons—an increase of 17% compared to the same period in 2024 and nearly triple that of February. Cumulatively, total domestic consumption in Q1 reached 15.06 million tons, up 31% year-on-year. On the export side, 3.03 million tons were shipped in March, a 7% increase over the previous year. Total exports for the first three months hit 8.32 million tons, contributing to a combined Q1 industry consumption of around 23.38 million tons—nearly 20% higher than the same quarter last year.

This growth comes amid global uncertainties tied to geopolitical tensions and the ongoing energy transition, which have kept input material prices—especially crude oil—at elevated levels. This has directly impacted production and logistics costs across the cement supply chain. Domestically, renewed demand was driven by public infrastructure investments and some recovery signs from the private construction sector.

Fluctuations in coal, fuel, and electricity prices have posed challenges, forcing many domestic cement producers to adjust selling prices to offset rising costs. Nevertheless, shifting consumer preferences toward environmentally friendly products and operational flexibility have enabled the industry to maintain stability under less-than-ideal market conditions.

According to the Vietnam Cement Association, per capita cement consumption remains relatively low—below 650 kg/year—compared to over 1,000 kg in countries with a GDP per capita of around USD 4,000 or more. This indicates significant growth potential, provided that economic conditions continue to improve.

Collector: Ms. Elly (+84 369 980 010)

10
Feb

Vietnam’s Cement Industry Faces Carbon Emission Reduction Challenge: Inevitable Trend or Competitive Pressure?

Posted on Categories Cement, Clinker, Uncategorized Author By quantri Leave a comment

As global environmental standards tighten, Vietnam’s cement industry faces mounting pressure to cut carbon emissions while ensuring sustainable growth. With the country’s commitment to achieving Net Zero by 2050, cement manufacturers must adopt greener solutions to maintain their competitive edge.

The Pressure to Reduce CO₂ in Cement Production

Cement is one of the world’s largest CO₂-emitting industries, accounting for 7-8% of total global emissions. In Vietnam, where annual cement production exceeds 100 million tons, the environmental impact is immense. Without immediate improvements, local companies risk losing key export markets to competitors from Thailand, China, and the EU, who have already met strict green standards.

According to the Vietnam Cement Association, around 80% of domestic cement is produced using modern, high-capacity production lines, while 20% still comes from smaller, less efficient plants. As per the government’s Construction Industry Development Strategy, the sector aims to cut emissions to 650 kg CO₂ per ton of cement by 2030, further reducing it to 550 kg CO₂ per ton by 2050.

Green Solutions in Action

To align with the shift towards low-carbon production, many Vietnamese cement manufacturers are adopting advanced eco-friendly technologies:

✅ Waste Heat Recovery (WHR) Systems: WHR enables plants to self-generate 25-30% of their electricity, significantly cutting CO₂ emissions.

✅ Alternative Fuels: Instead of coal, plants are experimenting with industrial waste and biomass fuels to lower carbon output.

✅ Reducing Clinker Content in Cement: This is the most effective method for cutting CO₂. However, consumer preference for high-clinker cement remains a challenge. In the EU, cement contains around 77% clinker, while in Japan, it is about 70%. In contrast, Vietnam’s 2021 cement exports—totaling 17 million tons—were mostly high-clinker varieties with only 5% mineral additives (CEM I under EN 197-1 and Type I under ASTM C150). Changing market perception of green cement remains a major hurdle.

✅ AI & IoT Integration: Smart technologies optimize operations, reducing energy consumption and emissions.

What’s Next for Vietnam’s Cement Industry?

Despite significant progress, challenges remain in Vietnam’s pursuit of Net Zero. Transitioning to green production requires heavy investment, while fierce market competition pressures companies to keep costs low. Failure to adapt could see domestic manufacturers lose access to major markets like the EU and the US, which have introduced carbon border taxes on high-emission products.

Green production is no longer an option—it is a necessity. Here, Supas Vietnam commits to accompany and contribute to the green revolution of the cement industry in particular and to reduce global CO2 emissions in general.

Compiled by: Elly Nguyen

Whatsapp/ zalo/ viber: +84 369 980 010

17
Jan

Signs of Market Recovery or the End of Rock-Bottom Prices?

Posted on Categories Clinker Author By quantri Leave a comment

Clinker Market Fluctuations in early 2025
After a prolonged period of stagnation, the clinker market finally showed clearer signals of change in December 2024 and early January 2025.

For state-owned factories, high floor price policies significantly reduced clinker export volumes. Previously, Bangladesh had been Vietnam’s largest clinker importer, but with prices now reaching $34-37 per ton, interest from this market has nearly vanished. In response, state-owned factories have shifted their focus to producing finished cement products, targeting higher-value markets and aiming to increase the industry’s average price level.

Record Low Prices for Private Producers
In contrast, private factories, driven by the need for cash flow and inventory clearance, lowered their clinker prices to a record low of $28-30 per ton during late 2024 and early 2025. However, the quality of products during this period was noted to vary significantly. The sharp price drop triggered a surge in demand, with end-importers rushing to purchase, pushing factory production capacities to their limits through February 2025.

Future Price Trends
By March 2025, clinker prices from both state-owned and private producers are expected to stabilize. Import order volumes are also predicted to decrease compared to the previous period of heightened activity. Whether the market will recover in both pricing and volume remains an open question, with no definitive answers yet.

Author: Elly Nguyen – Sales Manager of Supas Vietnam

Whatsapp: +84 369 980 010

15
Jan

Vietnam Cement Industry and Supas’ Efforts  in 2024

Posted on Categories Cement, Clinker, Uncategorized Author By quantri Leave a comment

Challenges of the Cement Industry
The year 2024 posed significant challenges for Vietnam’s cement sector, primarily due to a severe supply surplus while both domestic and export markets faced fierce price competition. Major export markets like the Philippines, Bangladesh, and the United States showed a decline in demand. The Philippines, in particular, struggled with anti-dumping tariffs and trade protection policies, while Bangladesh faced difficulties stemming from political instability. Additionally, the shift in many countries from bagged cement to bulk cement reduced the perceived value of exports, as the brand identity is often tied to bagged products.

Transport costs were also impacted, with shipping rates on long-distance routes rising by 5-10% due to geopolitical tensions in the Red Sea region. Delivery times extended by an additional 5-7 days. Compounding these challenges, a state-mandated electricity price adjustment in late 2024 raised the costs of cement and clinker by 30,000-40,000 VND per ton, adding pressure on businesses.

Production output suffered, with several manufacturing lines temporarily halting operations due to sluggish demand. Even large players like the Vicem Group reported significant losses, with parent company profits falling by 236.8 billion VND and consolidated losses exceeding 1,400 billion VND, reflecting the overall market downturn.

Despite these difficulties, cement companies worked tirelessly to cut input costs, adopt eco-friendly raw materials, and reduce environmental impact. They also explored new markets, streamlined their supply chains, and connected directly with end buyers to improve efficiency.

Profit of Vicem from 2016 – 2024

Supas’ Efforts in 2024
Amid this volatile environment, Supas demonstrated resilience and strategic agility to minimize negative impacts. The company maintained superior product quality, stable pricing, and competitive terms, offering both FOB and CFR delivery options to better accommodate international partners.

Supas also prioritized sustainable development by investing in green product innovations and improving manufacturing technologies to lower carbon emissions, meeting strict environmental standards in Vietnam and abroad.

Furthermore, Supas actively expanded into new markets to reduce dependency on traditional regions. The company focused on developing alternative products like high-quality fly ash and ground slag, aligning with the global trend toward sustainable construction.

With a vision for the future, Supas has set an ambitious target of reducing pollution levels by 60% within the next five years, aiming to become an industry leader in sustainability. The company remains committed to creating long-term value for both domestic and international markets.

Author: Elly Nguyen – Sales Manager of Supas Vietnam

Whatsapp: +84 369 980 010

19
Nov

Why do Vietnamese cement factories increase prices simultaneously?

Posted on Categories Cement, Clinker Author By quantri Leave a comment

Recently, a series of large cement manufacturers such as VICEM Bim Son, But Son, The Vissai, Thanh Thang Group Cement, Xuan Thanh Cement… have simultaneously announced an increase in product prices to offset the increase in input costs.

The price increase in this adjustment was set by businesses at VND50,000/ton. The Vissai alone increased by VND46,300/ton.

A representative of Thanh Thang Group Cement Joint Stock Company said: “The electricity price has just increased by 4.8%, while the electricity price accounts for 14-15% of the cost of products, causing the production cost to increase. Although the business has applied many solutions to cut costs and improve productivity such as taking advantage of excess heat from production lines, it has not been able to offset the production cost.”

Increasing the selling price by VND50,000/ton will help cement manufacturers to ensure stable production and business, maintaining product quality.

According to manufacturers, according to Decision No. 1046/QD-EVN of Vietnam Electricity Group (EVN), from October 11, 2024, electricity prices will increase by 4.8% compared to before. In addition, in the context of tense military conflicts in the world, causing input fuel prices such as coal, oil, etc. to fluctuate greatly, and are forecast to continue to increase in the coming time, cement cannot maintain the old selling price.

The Vietnam Cement Association (VNCA) said: “It is inevitable that manufacturers increase the selling price of cement, because for the past few years, cement has been sold below production cost. If the selling price is not adjusted to partially offset input costs, businesses will not be able to hold on.”

In fact, according to preliminary statistics from the General Department of Customs, in the first 8 months of 2024, the country exported nearly 20.55 million tons of cement and clinker, earning nearly 788.8 million USD, down 3.2% in volume and 14.5% in value compared to the first 8 months of 2023. Export prices also decreased by 11.6%, reaching an average of 38.4 USD/ton

In August 2024 alone, cement and clinker exports decreased by over 7% in both volume and value compared to July 2024 and decreased by 0.18% in price, reaching nearly 2.33 million tons, equivalent to over 90.13 million USD, with an average price of 38.7 USD/ton; compared to August 2023, it decreased by 14.3% in volume, 22.5% in value and 9.5% in price.

In the first 8 months of 2024, clinker cement exports to the Philippines market decreased by 1.8% in volume, 13% in value and 11.4% in price compared to the first 8 months of 2023, which is the largest market consuming clinker cement in Vietnam, accounting for 26.1% of the total volume and 27.2% of the total export turnover of cement and clinker of the whole country, reaching over 5.35 million tons, equivalent to 214.3 million USD, with an average price of 40 USD/ton.

Cement clinker exports to Bangladesh, the second largest market, reached 4.18 million tons, worth 133.9 million USD, with an average price of 32 USD/ton (up 5.2% in volume but down 11.4% in value and down 15.8% in price); accounting for 20.4% of the total volume and 17% of the total turnover.

Followed by the Taiwanese market, accounting for 4.8% of the total volume and 4.5% of the total turnover, reaching 994,735 tons, equivalent to 35.55 million USD, price 35.7 USD/ton (down 17.2% in volume, down 24.5% in turnover and down 8.9% in price)

It is from this clear price decrease that cement enterprises are reporting losses. The state’s intervention in clinker exports will lead to a sharp decrease in the last months of 2024 and continue in 2025. Only when the market shows more positive signs about prices will this situation have a chance to change

Source: Collected
Elly Nguyen +84 369 980 010

15
May

Overview of the cement market in 2022

Posted on Categories Cement, Clinker Author By quantri 1 Comment on Overview of the cement market in 2022
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Cement consumption in the domestic market in the fourth quarter of 2022.


Cement and clinker exports last year recorded a very sharp decrease compared to last year’s performance. Although in December, the export situation of cement and clinker in traditional markets such as Taiwan, Bangladesh, Malaysia… has improved significantly, but it cannot compensate for the decline of many previous months.

Particularly in the Chinese market, it still decreased sharply because the country still maintains the Zero Covid policy and the Philippine market decreased due to the issue of imposing defensive taxes on some enterprises importing from Vietnam.

As a result, the total export volume of cement and clinker only reached 30.65 million tons, down 33% over the same period in 2021. Of which, cement exports reached 15.68 million tons, equal to 93% over the year. In 2021, clinker exports for the whole year 2022 will reach 14.97 million tons, only 80% compared to 2021.

The total value of foreign exchange earned from cement and clinker exports in 2022 will reach 1.36 billion USD, down 398 million USD compared to 2021.

Tiêu thụ xi măng tại thị trường nội địa trong quý 4/2022.

Thus, the total amount of cement and clinker consumed in 2022 will only reach 93.33 million tons, much lower than last year’s 108 million tons.

In 2023, difficulties continue to surround the cement industry, production and consumption cannot be brighter because input costs continue to increase (coal prices, packaging, wages, and possibly electricity prices will be adjusted). …), while domestic consumption is still gloomy, due to slow recovery of civil construction; Disbursement of public investment capital is still slow, the real estate market is expected to continue to be quiet as the State continues to tighten the issuance of bonds and real estate credit.

Export channels do not exist because countries importing cement and clinker continue to implement many protection policies for domestic cement production and technical trade barriers (in which anti-dumping tax is imposed in the Philippines on imported goods). cement, China blockades seaports due to maintaining the Zero Covid policy expected to end in the first quarter of 2023); In addition, from January 1, 2023, Vietnam imposes clinker export tax from 5% to 10% (according to Decree No. 101/2021/ND-CP dated November 15, 2021 of the Government).

In addition, there are still difficulties from within the industry when cement supply exceeds demand (in 2023, there will continue to be a number of new cement production lines coming into operation such as Line 4 – Long Son Cement , Line 3 – Xuan Thanh Cement, Dai Duong Cement, Long Thanh Cement brings cement supply to about 120.7 million tons.

It is forecasted that domestic demand for cement is only at 64 – 65.5 million tons, leading to increasingly fierce competition in the context of cement production units facing pressure to sell their products. produced, many units had to stop the kiln/reduce kiln running capacity.


Source: Investment Newspaper

Supas Vietnam Daily Newspaper in 2022

Collector: Elly Nguyen

Sales Manager of Supas Vn


Contact whatsapp: +84 369 980 010

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