Permanent Deputy Prime Minister Phạm Gia Túc has asked the Ministry of Agriculture and Environment to study the development of the database with information on mines, reserves, extraction capacity, demand and the potential to coordinate supplies among localities.
Head of the Vietnam Trade Office in Australia Trần Thị Thanh Mỹ said the Việt Nam–Australia Comprehensive Strategic Partnership is widening the lane for economic, trade, and investment ties.
The Ministry of Finance, the State Securities Commission and other agencies are developing a centralised market for emissions quotas and carbon credits generated by emissions reduction projects.
Cement industry is seeing signs of recovery this year after two years of glut caused by oversupply and weak domestic demand, driven by hastened public investment in infrastructure development and lower input costs.
The investigation was initiated on August 8, 2024 at the request of Taiwan Cement Manufacturers Association and covered the period from July 1, 2023 to June 30, 2024.
The Ministry of Construction said it had proposed adding cement sector planning to the list of specialised technical planning under the Planning Law, but the proposal was not approved by the National Assembly.
TRAV recommended that the Việt Nam Steel Association (VSA) notify relevant local manufacturers and exporters to answer the investigation questionnaire within the prescribed deadline.
While cement supply is projected to reach approximately 124.75 million tonnes this year, domestic demand is only expected to be around 63.5 million tonnes.
The Philippines has initiated a preliminary safeguard measures investigation on the importation of cement from various countries, including Việt Nam, according to the Việt Nam Trade Office to the Philippines.
The price adjustment will see an increase of VNĐ50,000 per tonne for most companies, while The Vissai has set a smaller increase of VNĐ46,300 per tonne.