Vietnam exported clinker and cement to the tune of US$132 million in December, up from US$123 million in November, a change of 7.27 percent, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$1,375 million worth of clinker and cement by the end of December.
The Philippines accounted for US$13 million worth of Vietnam’s clinker and cement exports in December. This was down from US$15 million in clinker and cement exports in November, a change of -14.19 percent. Year to date, Vietnam has shipped US$228 million worth of clinker and cement to the Philippines.
After the Philippines was Bangladesh making up US$9 million worth of Vietnam’s clinker and cement exports in December. This was down from US$15 million in clinker and cement exports in November, a change of -41.85 percent. Year to date, Vietnam has shipped US$197 million worth of clinker and cement to Bangladesh.
Next was Malaysia taking US$8 million worth of Vietnam’s clinker and cement exports in December. This was up from US$6 million in clinker and cement exports in November, a change of 26.19 percent. Year to date, Vietnam has shipped US$63 million worth of clinker and cement to Malaysia.
Following Malaysia was Taiwan representing US$6 million worth of Vietnam’s clinker and cement exports in December. This was up from US$2 million in clinker and cement exports in November, a change of 326.28 percent. Year to date, Vietnam has shipped US$50 million worth of clinker and cement to Taiwan.
Rounding out the top five was Peru constituting US$5 million worth of Vietnam’s clinker and cement exports in December. This was up from US$2 million in clinker and cement exports in November, a change of 110.09 percent. Year to date, Vietnam has shipped US$22 million worth of clinker and cement to Peru.
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Vietnam exports of clinker and cement in December, US$m
| December | November | MoM | YTD | |
| Total | 132.47 | 123.50 | 7.27% | 1,374.57 |
| Other | 81.66 | 81.27 | 0.48% | 767.64 |
| Philippines | 13.18 | 15.36 | -14.19% | 228.18 |
| Bangladesh | 8.53 | 14.66 | -41.85% | 196.54 |
| Malaysia | 7.96 | 6.30 | 26.19% | 63.19 |
| Taiwan | 6.43 | 1.51 | 326.28% | 50.29 |
| Peru | 5.17 | 2.46 | 110.09% | 21.85 |
| Australia | 2.88 | 0.05 | 6148.08% | 21.27 |
| Kenya | 2.83 | 0.00 | 0.00% | 7.55 |
| Chile | 1.42 | 0.27 | 419.62% | 14.07 |
| Brazil | 1.30 | 1.61 | -19.43% | 2.87 |
| Mozambique | 1.12 | 0.00 | 0.00% | 1.12 |
| Laos | 0.63 | 0.86 | -26.04% | 11.78 |
| Cambodia | 0.39 | 0.45 | -13.00% | 5.07 |
| Angola | 0.00 | 0.62 | -100.00% | 0.62 |
| Myanmar | 0.00 | 0.64 | -100.00% | 1.46 |
| Saudi Arabia | 0.00 | 2.01 | -100.00% | 14.36 |
| Sri Lanka | 0.00 | 1.77 | -100.00% | 6.96 |
| Togo | 0.00 | 0.00 | 0.00% | 1.43 |
Listed clinker and cement companies
Key clinker and cement firms listed on the Vietnam stock exchange include:
VICEM Danang Construction Materials
VICEM Danang Construction Materials JSC (DXV) manufactures and trades cement and construction materials under the Vicem network.
DXV closed at VND 3,850 on Tuesday down 0 percent with 5,000 shares traded, worth VND 2 million.
Foreign ownership in DXV is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
Vicem Ha Tien Cement JSC
Vicem Ha Tien Cement JSC (HT1) produces and distributes cement and construction materials for southern Vietnam.
HT1 closed at VND 15,000 on Tuesday down 0.5 percent with 11,052,000 shares traded, worth VND 16,622 million.
Foreign ownership in HT1 is currently capped at 49.0 percent, with current foreign ownership sitting at 3.1 percent.
Thuan Duc Joint Stock Company
Thuan Duc Joint Stock Company (TDP) produces and trades plastic packaging and industrial sacks for cement and fertiliser producers.
TDP closed at VND 32,000 on Tuesday down 0 percent with 4,740,000 shares traded, worth VND 14,316 million.
Foreign ownership in TDP is currently capped at 51.0 percent, with current foreign ownership sitting at 0.1 percent.
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Vietnam cement industry news
Vicem turns profit
Vietnam Cement Corporation said in December that it had recorded a profit of more than VND 287.3 billion (US$10.9 million) in 2025, ending two consecutive years of losses exceeding VND 1 trillion.
The state owned group reported revenue of VND 28.848 trillion (US$1.10 billion), up 5.1 percent year on year, with cement and clinker consumption reaching 25.87 million tonnes.
Vietnam’s cement industry
Vietnam has one of Southeast Asia’s largest cement industries, with high installed capacity built up over the past decade to serve infrastructure, housing, and export demand.
Domestic demand has grown unevenly, while excess capacity has pushed producers to rely heavily on exports, exposing the sector to price competition, energy costs, and environmental regulation pressures.