LafargeHolcim is considering leaving Vietnam due to oversupply of cement in the local market, according to Nguyen Cong Bao, general director of Holcim Vietnam. The company met with the Ministry of Construction to notify it of its forthcoming business plans in Vietnam. Bao?s statement was reported by the Dau Tu newspaper. The cement producer has five cement plants with a production capacity of 6 mn t/yr, making it the largest manufacturer in the country. It also operates eight ready-mixed concrete plants. The Vietnam Cement Industry Corporation (Vicem), the country?s leading producer, holds a 35 per cent stake in Holcim Vietnam. LafargeHolcim retains the brands of Lafarge and Holcim?s products.