The Ministry of Construction and the Ministry of Industry and Trade have urged the Nghi Son, ChinFon Hai Phong and Phuc Son cement companies to seek overseas markets for their products.
Multi-billion dollar steel projects are pushing up power consumption and fouling the environment without obviously adding economic value, according to analysis in Thoi Bao Kinh Te Saigon.
The Ministry of Industry and Trade recently issued Circular No 31/2010/TT-BTC on offering automatic import licences for some steel products, according to Nguyen Thanh Bien, deputy minister of Industry and Trade.
With many high capacity cement plants, the cement supply in Vietnam has far exceeded the domestic demand. Cement producers have tried to boost exports to ease overproduction, but this is not an easy task.