Vietnam's construction materials industry is under pressure from rising costs, supply shortages, and carbon regulations. The article details how sand prices have risen up to 45% year on year and asphalt nearly 32%, while the EU's Carbon Border Adjustment Mechanism (CBAM) threatens export competitiveness for carbon intensive producers like cement and steel plants. The government is pushing for greener production, but businesses say low-carbon materials cost 15-20% more and public procurement rules still favor traditional materials. Recycling rates for construction waste remain low at 30-50% compared to 70-90% in advanced Asian economies. The sector needs updated regulations and pricing systems to support the transition away from raw extraction toward innovation driven growth.
