Bags of cement are being transferred on to a vehicle at a factory. (Source: VNA)
The consumption of building materials is predicted to rise in the fourth quarter this year as the real estate sector is showing signs of recovery.
According to the Building Materials Department under the Ministry of Construction, production and consumption of building materials has increased 20 percent from the beginning of this year. Cement alone rose 10 percent.
As of the end of August, the whole country had consumed 46.92 million tonnes of cement, up 10 percent against the same period last year and reaching 65 percent of the yearly target.
The cement consumption in August alone was 6.08 million tonnes, lower than that of July but up 19 percent from one year ago.
While local consumption is down, cement exports in August reached 1.25 million tonnes and increased 25 percent against the same period last year.
The cement export volume for the eight months of 2015 was 10.9 million tonnes, up 17 percent and completing 57.3 percent of the year’s goal.
In the remaining months of 2015, building materials in general and cement in particular will enter their peak consumption months.
🐬 Many real estate projects are entering their final phase of completion or breaking ground, propping up the growth of the building material market.-VNA
The State-owned glass and construction ceramic corporation (Viglacera) on February 26 started work on the construction of the Phu Ha Industrial Park in the northern province of Phu Tho.
Around 450 foreign and domestic enterprises in the construction industry will showcase their latest products at the 2015 Vietbuild International Exhibition, which opened at the Viet Nam Exhibition and Fair Centre in Hanoi on March 25.
The Ministry of Construction has set a 10-15 percent annual growth target for exports of building materials so that they can reach 2-2.5 billion USD by 2020 under a plan to develop the industry it has submitted to the Government for approval.
The domestic structural steel market has seen a growth rate of between 25 and 30 percent in sales thanks to the strong recovery of the domestic real estate market, said independent market watch-dogs.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Bags of cement are being transferred on to a vehicle at a factory. (Source: VNA)
