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News Vietnam cuts clinker export tax

Vietnam cuts clinker export tax

Written by Global Cement staff 21 May 2025
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Vietnam: The government has reduced cement clinker export tax from 10% to 5%, effective from 19 May 2025 to the end of 2026. The 10% rate will be reinstated on 1 January 2027.

The Ministry of Finance said the temporary measure is an effort to help local manufacturers adjust production and reduce their inventory amid falling demand. Only 77% of Vietnam’s 122Mt/yr cement capacity is currently in use, with 34 out of 92 lines suspending operations in 2024. Cement and clinker exports fell by 5% to 29.7Mt in 2024, with revenues down by 14% year-on-year to US$1.14bn. Clinker exports alone were valued at US$301m.

Last modified on 21 May 2025
Published in Global Cement News
Tagged under
  • Vietnam
  • Export
  • Tax
  • Clinker
  • Production
  • demand
  • inventory
  • Capacity
  • Asia
  • GCW710

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