Vietnam: The Building Material Forum has predicted that Vietnam’s cement export volume will undergo a 25 – 30% short and medium-term decline if the government of China suspends its stimulus package on infrastructure. The Viet Nam News newspaper has reported that China’s subsidisation of infrastructure and industrial construction totalled US$163bn in 2020, up by 34% year-on-year.
Building Material Forum forecasts decline in Vietnamese cement exports with the end of China’s infrastructure stimulus package
URL: https://globalcement.com/news/item/12657-building-material-forum-forecasts-decline-in-vietnamese-cement-exports-with-the-end-of-china-s-infrastructure-stimulus-package
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