HÀ NỘI — 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. 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 particular, the Philippines, the largest importing country, would continue to impose temporary anti-dumping taxes on Vietnamese cement products. Last year, the Philippines remained the largest importer of Vietnamese cement and clinker, accounting for 27 per cent of the country's export turnover. To help the cement industry overcome current difficulties, the Department of Building Materials under the Ministry of Construction, suggested ministries, agencies and localities continue to speed up public investment projects and infrastructure construction according to approved plans.

Source: Viet Nam News February 16, 2024 02:44 UTC