April 28, 2025

Vietnam’s cement output up 4.0 percent year-on-year in Q1

Vietnam’s cement production reached 14.4 million tons in March, up from 11.1 million tons in February, showing a 1.5 percent increase compared to March 2024. Total output for the first quarter stood at 36.9 million tons, up 4.0 percent year-on-year, according to data from the General Statistics Office.

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Banking: BIDV flags risk to US$11.6 billion credit portfolio from US tariffs

At its 2025 annual general meeting, BIDV Chairman Phan Duc Tu warned that US “reciprocal” tariffs could affect around VND 300 trillion (US$11.58 billion) of the bank’s outstanding loans, representing 15 percent of its total credit balance. Industries most at risk include steel, plastics, seafood, textiles, and electronics, Cafe F is reporting. 

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