The domestic building material market remained stable in the first nine months of this year, according to the Ministry of Construction (Photo: enternews.vn)Hanoi (VNA) - The domestic building material market remained stable in thefirst nine months of this year, according to the Ministry of Construction.
Theministry said plans and programmes for development of building materials haveensured the balance between supply and local market demand.
Thetotal consumption of cement and clinker, two key building material products,grew 6 percent to 59.27 million tonnes in the first nine months of this year.
Consumptionin the domestic market was estimated at 45.28 million tonnes, 4 percent higherthan the same period last year, including 18.9 million tonnes sold by the VietnamCement Industry Corporation.
Thecement industry also exported about 13.99 million tonnes, nearly completing themilestone annual export target of 14-15 million tonnes, despite fiercecompetition from Thailand and China and disadvantages in tax rate and exportprices.
Duringthe first nine months, Vietnam produced 141 million sq.m of building glassproducts, or 96 percent of the total volume in the same period of last year.
The ceramic tile volumealso reached 416 million sq.m, 4 percent over the same period last year, andsanitary ware production reached 9.9 million units, a year-on-year growth of 4percent.-VNA
