Vietnam: Vietnam’s cement sector is in the midst of a turnaround, as local newspaper The Star reports that several companies published profits despite pressures from oversupply. Vicem Ha Tien Cement reported consolidated sales of over US$73.6m in the second quarter of 2025, with a net profit of US$4.41m, compared to a loss of US$0.36m in the first quarter of 2025. This marks the company’s highest profit and ends an 11-quarter run of poor results.
Revenue rose by 1% year-on-year, while net profit increased by 146%, supported by an 8.5% rise in cement consumption and lower costs from improved production cost control.
