The price of cement dropped to 100,000 VND per tonne in the first six months of this year due to high stockpiles and low demand, according to the Vietnam Cement Association.

During the period, cement production reached about 24.3 million tonnes, a 10 percent decrease from the same period a year earlier, and domestic consumption fell 10 percent to 23.6 million tonnes.

Cement businesses have actively sought export markets for clinker and cement. They exported about 3 million tonnes of clinker and 700,000 tonnes of cement in the first half.-VNA