
Vietnam Cement Market Report 2025 - Breaking Out of the Bottom, Market Poised for Recovery
FiinGroup is delighted to release our 12th issue of the Vietnam Cement Market Report, providing a comprehensive view of the industry with updated data through the first five months of 2025. This edition features deep insights into supply-demand dynamics, pricing trends, and long-term forecasts.
Key highlights of the report:
- Market recovery in 2024: Total clinker and cement consumption reached 94.4 mn tons in 2024, up 9.8% y.o.y, driven by a strong recovery in domestic demand (66.5 mn tons), while export volumes remained sluggish at 27.8 mn ton
- Positive signs of market recovery were observed in both domestic and export market during 5M2025, supported by the rebound of the domestic real estate industry and manufacturers' diversification into emerging export markets.
- Capacity expansion driven by two newly added facilities in 2024: These facilities increased the Country’s clinker capacity by 7.4mn tons and cement capacity by 4.6mn tons. The average utilization rate of Vietnam cement industry improved from 58% in 2023 to 64% in 2024.
- Local players continue to dominate the market: Local players accounted for approximately 55% of market share by domestic cement sales volume in 2024 with big names including Long Son, Vissai, Xuan Thanh, Cong Thanh & Thanh Thang.
- Cement companies recorded improved profitability in 2024, supported by higher utilization rate, improved domestic consumption, export diversification, and stable coal price.
- Positive Outlook from 2025 onward, supported by a recovering domestic construction and real estate sector, along with projected double-digit growth in clinker exports to emerging markets.
Explore key insights and sample findings in our DEMO REPORT HERE.
📎 Don’t miss out on others' comprehensive industry analysis. For full access to the report, contact us: https://fiinresearch.vn
📩 For full report inquiries: research.support@fiingroup.vn
📞 (84) 24 3562 6962
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Discover more services from FiinGroup:
▪️ Industry Reports: In-depth research on Vietnam’s key industries.
▪️ Custom Research: Tailored research to meet specific needs across different market segments.
▪️ Market Entry Advisory: Strategic insights and recommendations to support market entry decisions.
▪️ Commercial Due Diligence: In-depth analysis of M&A transactions.
FiinGroup empowers better business decisions through data-driven insights: http://fiinresearch.vn
25-Jul-2025


Business Insight #3: Vietnam's Forestry Sector at a Crossroads After Boom Years
The Vietnamese forestry sector showed robust growth from 2019 to 2022, but it now faces challenges such as slowing exports, financial difficulties, shifting overseas demand, and meeting legality standards, all of which are key hurdles as global economic volatility persists in 2023. Financial difficulties and stricter legal requirements in key markets present additional challenges. However, with coordinated efforts between the government and industry, the sector can overcome short-term struggles to regain competitiveness.
We respectfully introduce a special report synthesizing information about Vietnam's Forestry Sector. Kindly refer to our full report HERE
Contact us
Tel: (84-24) 3562 6962
Email: support.fiingate@fiingroup.vn
21-Nov-2023


FiinGate Platform : A solution for Mitigating Financial Risks and doing business in Vietnam with confidence
In today's volatile market, businesses grapple with unprecedented challenges in maintaining their operations while minimizing business and financial risks. With persistent market disruptions, the demand for proactive measures has never been greater, and information stands as the ultimate key.
Our upcoming webinar will focus on the current state and risks for a key sector in Vietnam with the support of FiinGate - Vietnam's most comprehensive business information platform. We'll take a deep dive into how FiinGate effectively addresses the challenges presented by the current economic instability in a key industry in Vietnam.. Don't miss this opportunity to explore FiinGate's powerful risk mitigation capabilities with us.
Date & Time: 2:00 PM – 3:30 PM (Vietnam Time), Thursday, 2nd November 2023
Language: English
Venue: Zoom Webinar (require registration)
MAIN TOPICS OF DISCUSSION
- Introducing FiinGate - Vietnam's leading Business Information platform.
- Showcasing FiinGate platform
- Discussing the current state and risks for a key sector in Vietnam.
- Showcasing how FiinGate helps to mitigate risks within the industry.
- Panel Discussion
- Mitigating foreign partner risk for Vietnamese entities.
- Creating a screening list for the top companies in the industry.
- Performing KYB (Know Your Business) verification for a company in the sector to determine its viability as a potential partner.
- Assessing the risks and potential of the sector.
- Creating and gaining insights into a supplier portfolio.
- Comparing afirm with its peers.
- Addressing a good/risky business.
- Q&A Session
Speakers:
- Nguyen Quang Thuan, FCCA – Chairman FiinGroup and FiinRatings
- Pham Hong Hoang – Data Analytics Manager, FiinGroup
- Nguyen Quoc Ha – Moderator - Business Development Manager, FiinGroup
Remember to submit your questions in advance on the registration page HERE. We will do our best to answer as many as possible.
We hope you can join us live, however, if you are unable to participate, you can still register to access the replay on-demand at your convenience.
This Webinar is provided on a complimentary basis but registration in advance is required.
About FiinGroup
Established in 2008, FiinGroup is a leading integrated service provider of financial data, business information, industry research, credit rating service, and other data-driven analytics services for the Vietnam market. FiinGroup entered a strategic capital and business alliance with NIKKEI Inc. and QUICK Corp. (Japan) in September 2014. We are serving more than 1,000 local and foreign financial institutions and corporations through our fintech platform as a service (PaaS), annual packages and on-call services.
19-Oct-2023


Announcement of Lunar New Year holiday 2023
10-Jan-2023