Based on Vietnam 's economic growth expectations from 2011-15, the
Ministry of Industry and Trade estimated demand for steel products to
increase 8-10 percent to 12.5-12.8 million tonnes in 2011.
The demand for cement next year was predicted to go up by 10 percent to
55-56 million tonnes while total output to reach 60 million, thus
meeting demand and keep price stable.
Demand for petrol
and oil products was forecast to be 17 million tonnes next year, to be
met by 6 million tonnes of domestic production and 11.6 million tonnes
of imports.
The nation would balance the demand for 44 million tonnes of coal by producing 47.3 million tonnes, the ministry said.
Paper demand would increase to 2.35 million tonnes next year, to be met
by 1.77 million produced locally and 700,000 tonnes from imported.
The nation's consumption of 28 million tonnes of rice in next year
would be supplied by the expected harvest of 31.6 million tonnes.
The demand on medicine, food and fertiliser was also expected to increase next year.
Meanwhile, Prime Minister Nguyen Tan Dung has called on ministries,
agencies and municipal and provincial authorities to implement
strategies to stabilise the market and boost production.
Directive No1875/CT-TTg, released last week was designed to ensure the
country's growth rate reaches 6.5 percent, while the consumer price
index did not rise above 8 percent.
Dung said the economy,
which typically suffers during the final months of the year, would also
have to weather capital shortages, rises in the price of essential
goods, power shortages and potential animal epidemics/.
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