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Day: November 29, 2024

Vietnam’s exports to Germany surge in October

Vietnam’s export turnover to Germany reached over US$707.56 million in October, a significant increase of 25.38 percent month-on-month, according to Vietnam’s General Department of Customs. This brings the year-to-date total to US$6.53 billion, demonstrating strong growth in trade with Germany.

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Vietnam’s Cement Industry: Overview 2024

Vietnam’s cement industry has emerged as a critical sector in the nation’s industrial development, driven by rapid urbanisation and infrastructure expansion. As one of the world’s largest cement producers, Vietnam benefits from abundant raw materials and a growing domestic and regional market. However, the sector faces challenges such as overcapacity and fluctuating global demand, which have created a highly competitive environment.

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