Construction material supply meets domestic demand
Stable production and supply-demand balance has helped Vietnam’s construction materials industry better meet domestic demand, according to the Department of Construction Materials under the Ministry of Construction.
Hanoi (VNA) - Stable production and supply-demand balance has helped Vietnam’sconstruction materials industry better meet domestic demand, according to theDepartment of Construction Materials under the Ministry of Construction.
Currently, the sector is promoting exports, focusing on protecting theenvironment and saving resources, said Head of the department Pham Van Bac.
Supply and demand balance in the construction material market continues to beguaranteed. Notably, about 20.7 million tonnes of cement was consumed in thefirst months of 2019, equivalent to the same period of 2018. Domesticconsumption accounted for 12.5 million tonnes.
In recent times, the ministry has coordinated with other sectors to make timelyadjustments to ensure sufficient raw materials for cement plants to operatestably and has also encouraged rational use of minerals as materials forconstruction projects.
Accordingly, planning of products in construction materials and problemsarising in State management have been reviewed and summed up after the productplanning of this field expired on December 31, 2018, thus proposing managementsolutions replace the plan of construction materials products when it expiresunder regulations of the Law on Planning.
The ministry has paid attention to several contents related to the development strategy of the cement industry by 2030towards 2050; the construction materials development strategy in theperiod of 2021-2030, with a vision to 2050; the project on research anddevelopment of construction materials in service of coastal and island works to2025; and reviewing the 10 years of implementation of the unburnt construction materials programme.
Alongwith urging localities to remove manual kilns and lime kilns and increase theuse of unburnt building materials, the Ministry of Construction continues toimplement the project of promoting the treatment and use of ash, slag, gypsumof thermal power, chemicals, and fertiliser plants as raw materials forproduction of construction materials and in construction projects.
Oneof the key tasks of the Ministry is to supplement the list of locally producedconstruction materials to control and limit the import of goods manufactured locally,and handle problems related to minerals used as construction materials andminerals used as cement materials.-VNA
The building materials industry has grown at 8-12 percent in the past three years and is expected to maintain good growth next year, a seminar heard in HCM City on December 26.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
Illustrative image (Source: VNA) 
