High volume of cement importation affects local industry, group says manilastandard.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilastandard.net Daily Mail and Mail on Sunday newspapers.
Despite the excess capacity of locally-manufactured cement in the Philippines, exports from Vietnam continues to flood the market. According to Global Cement News, Vietnam has total capacity of 120 million tons. In 2023, the domestic demand in Vietnam further declined to 57 million tons, or down by 16% versus 2022…