The Philippines has announced it will launch an antidumping investigation into cement products from several countries including Vietnam. In its announcement the Department of Trade and Industry of the Philippines has noted that Vietnam has accounted for more than 90 percent of the country’s cement imports since 2020.
On the flip side, the Philippines had accounted for 27 percent of Vietnam’s cement exports to the end of October this year. With this in mind, Vietnam’s cement oversupply problem may be about to get worse.
See also: Cement Industry in Vietnam