DUBLIN–(BUSINESS WIRE)–The “Vietnam Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering.
Vietnam has maintained its growth projection for the construction industry in 2022, with the industry expected to grow by 8.5% in real terms this year, supported by investment in the renewable energy and transport infrastructure projects.
The construction industry registered a strong performance in Q3 2022, despite headwinds, with construction activity growing by 13.8% year on year (YoY) in Q3 2022, following an expansion of 5.3% in Q2 and 3.3% in Q1 2022, according to General Statistics Office of Vietnam (GSO).
Over the remainder of the forecast period, the publisher expects Vietnam’s construction industry to register an annual average growth rate of 8% between 2023 and 2026, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure, coupled with investments to develop affordable housing.
The construction of Ho Chi Minh City’s 454km of transport infrastructure by 2025, at a total cost of VND266 trillion ($11.4 billion), and a 98km ring road connecting the capital city of Hanoi and two neighboring provinces at a cost of VND83.2 trillion ($3.6 billion) are expected to underpin the transport sector’s outlook.
In addition to this, the Power Development Plan Eight (PDP VIII) for the period of 2021-30, with a vision towards 2045 and the government plan of constructing 1.8 million affordable houses by 2030, are expected to add further support to the industry.
Scope
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Vietnam, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the publisher’s standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the publisher’s critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/fjt7ld
Source: GlobalData
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