AsemconnectVietnam - The export tax rate for cement and clinker will be reduced from 10% to 5% from now until the end of 2026.

The government recently issued Decree No. 108/2025/ND-CP dated May 19, 2025, amending and supplementing Decree No. 26/2023/ND-CP dated May 31, 2023, concerning the preferential export tariff, preferential import tariff, list of goods, and absolute tax rates, mixed taxes, and tariff quota import duties. Decree No. 108/2025/ND-CP took effect on its signing date (May 19, 2025).
Decree No. 108/2025/ND-CP amended the export tax rate for cement and clinker specified in Appendix I - Export Tariff according to the list of taxable goods issued with Decree No. 26/2023/ND-CP.
Specifically, from May 19, 2025, the export tax rate for cement and clinker is reduced from 10% to 5%. From January 1, 2027, the 10% tax rate will be reapplied.
According to a report from the Ministry of Construction, there are currently 92 cement production lines invested nationwide, with a total capacity of 122.34 million tonnes per year.
In 2024, the total consumption of cement and clinker was approximately 95 million tonnes, an increase of about 1% compared to 2023. The domestic cement consumption was about 65.3 million tonnes, an increase of about 3% compared to 2023.
The exports reached approximately 29.7 million tonnes, a decrease of about 5% in volume compared to the same period in 2023, with an estimated export value of 1.136 billion USD, a decrease of 14.2% in value compared to 2023.
Currently, cement production lines are operating at an average of only about 77% of their total designed capacity. There are 34 production lines that have had to halt operations for 1 to 6 months, some of which have been stopped for the entire year, leading to losses for many cement manufacturers.
The Ministry of Finance stated that clinker and cement belong to group 25.23 of the Vietnamese export and import goods list, with a total export turnover of 1.14 billion USD in 2024. Of this, clinker, under codes 2523.10.10 and 2523.10.90, had an export tax rate of 10% under the export tariff issued with Decree No. 26/2023/ND-CP, with an export turnover of 301.4 million USD in 2024.
The reduction of the export tax rate on cement and clinker from 10% to 5% until the end of 2026 will provide cement clinker manufacturers with over a year to adjust their production and business plans and manage inventory. From January 1, 2027, the 10% export tax rate will be applied.
CK
Source: VITIC/congthuong.vn