Vietnamese government proposes increasing export tax on clinker

Vietnamese government proposes increasing export tax on clinker

Vietnam: The Ministry of Finance has proposed increasing the export tariff for clinker to 10% from 5%. The ministry said that exports of cement and clinker were not sustainable as they use non-renewable resources, according to the Viet Nam News newspaper. It added that cement producers also benefit from low electricity prices. Customs data shows that the country exported nearly 33Mt of cement and clinker in 2020. 22Mt or 73% of this total consisted of clinker.