Cement demand forecast to climb 4-5% this year

The Ministry of Construction has forecast cement demand will increase by 4-5 per cent this year thanks to a recovery in the real estate market.

Construction sector creates more favourable conditions for people, businesses

Minister of Construction Phạm Hồng Hà talks to the Government Portal about the outstanding results of the construction sector in 2019

Work on $50m gypsum factory starts in Bà Rịa-Vũng Tàu

Construction on a US$50 million gypsum factory kicked off in the southern province of Bà Rịa-Vũng Tàu on Thursday. 

Construction material market grows With a wide range of models, good quality and reasonable prices, locally made construction materials like tiles and ashlar bricks are increasingly capturing the domestic market, according to traders.

Construction sector eyes exports The construction material industry should be promoting exports, director of the Department of Construction Materials Le Van Toi told Thoi bao Kinh te Viet Nam (Viet Nam Economic Times).

Oversupply forces cement producers to look abroad Domestic cement producers this year will have to give priority to developing exports as supply still exceeds demand and the domestic market outlook remains grim, industry insiders have said.

Construction industry eyes foreign markets Many domestic construction material producers have outlined their new business plans recently, giving priority to developing exports.

Oil hikes drive up transport costs The increase in petrol prices has caused transport and construction material costs to rise, but food and household goods have dropped in price in recent weeks.