Vietnam’s quarrying of stone, sand, gravel, and clay increased by 2.5 percent in December 2024 compared to November 2024, according to Vietnam’s Industrial Production Index.
Year-on-year, the sector grew by 2.0 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative production rose by 2.9 percent compared to 2023, reflecting steady growth in this critical industry.
The December month-on-month growth signals increased demand for quarrying products, likely tied to ongoing infrastructure projects and construction activities. The year-on-year and year-to-date increases demonstrate a stable expansion, driven by Vietnam’s rapid urbanisation and industrial development.
Quarrying activities are essential to Vietnam’s construction and manufacturing sectors, providing key raw materials for roads, buildings, and other infrastructure. As the country continues its development trajectory, the demand for quarrying products is expected to remain strong, supporting further growth in the sector.
The industry’s steady performance underscores its role in Vietnam’s broader industrial landscape.
See also: Construction Industry in Vietnam