Inventories climb as sales drag.
The Vietnam Cement Corporation (Vicem) show that sales at the end of September sales had only reached 14.53 million tons. The company had set the year's sales target at 20.7 million tons. of which domestic sales was to be 19.55 million tons and exports 1.15 million tons.
Vicem said cement sales plummeted in recent months, affected by the rainy season and a reduction in public investment, among other factors. Vietnam Cement Corporation Cement stocks are at about 2 million tons.
The Vietnam Cement Corporation (Vicem) show that sales at the end of September sales had only reached 14.53 million tons. The company had set the year's sales target at 20.7 million tons. of which domestic sales was to be 19.55 million tons and exports 1.15 million tons.
Vicem said cement sales plummeted in recent months, affected by the rainy season and a reduction in public investment, among other factors. Vietnam Cement Corporation Cement stocks are at about 2 million tons.
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