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Vietnam Construction Industry Databook Series – Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, Q1 2022

Vietnam Construction Industry Databook Series – Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, Q1 2022

Bonafide Trust 04-04-2022 170 Pages Figures : 225 Tables : 191
Region : Asia-Pacific Category : Manufacturing & Industry Construction & Building Materials
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Global Construction Survey, construction industry in Vietnam is expected to grow by 12.6% to reach VND 4,34,170 billion in 2022. Despite near-term challenges in certain construction sectors, medium to long term growth story in Vietnam remains intact. The construction industry in Vietnam is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 7.1% during 2022-2026. The construction output in the country is expected to reach VND 5,71,751.0 billion by 2026. The construction industry outlook remains positive in Vietnam from the short to medium-term perspective The construction industry’s outlook to remain positive from the short to medium-term perspective in Vietnam. This is reflective of the expansion targets of the country under the most recent five-year plan. The robust growth in the construction sector to be further supported by the new law on public-private partnerships (PPP)s, which are expected to have a significant impact on the overall development of infrastructure in the country from the short to medium-term perspective. Manufacturing facilities moving out of China are expected to benefit other APAC economies, especially Vietnam One of the key factors expected to boost the construction sector's growth in Vietnam is the ongoing diversification of big national companies' supply chain away from China. As the trade war between the United States and China intensified, many companies established their presence in Vietnam and other Asian countries. The recent reforms in the foreign investment rules have also allowed an influx of foreign direct investment into the construction sector. Foreign developers are looking to enter into PPPs to expand their market share in the growing economy and to keep pace with the rising demand for industrial infrastructure in Vietnam. publisher, therefore, expects the construction sector to record robust growth over the next four to eight quarters in Vietnam. Growing demand for affordable housing is expected to support construction sector growth in Vietnam In Vietnam, the growing middle-class population is becoming rapidly urbanized, consequently pushing the demand in the residential construction sector and affordable housing segment. In 2019, the proportion of the population living in cities was around 36% and is expected to reach nearly 50% by 2040. This will result in a potentially huge housing shortage in the country. Consequently, the Vietnamese government has set aside a total of US$1.4 billion as incentives for construction firms to focus on the affordable housing segment between 2018 and 2022. Moreover, with the affordable housing demand trend expected to continue in the next decade, publisher expects robust growth in the residential construction sector, which will subsequently assist the growth of the overall construction industry in Vietnam from the short to medium-term perspective. This report from publisher provides data and trend analyses on construction industry in Vietnam, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors. It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks. Scope • Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025 in Vietnam. KPIs covered include the following: • Market size by value • Market size by volume of construction • Number of units • Vietnam Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Housing type (multi family, single family) • Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation) • Price point / income level (luxury, mid-tier, affordable) • Construction stage (new construction, re-development & maintenance) • Vietnam Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Green building by Housing type (multi family, single family) • Green building by Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation) • Green building by Price point / income level (luxury, mid-tier, affordable) • Vietnam Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Office (further broken down by Grade A, Grade B, and Grade C) • Retail (further broken down by Grade A, Grade B, and Grade C) • Hospitality (further broken down by Grade A, Grade B, and Grade C) • Restaurant (further broken down by Grade A, Grade B, and Grade C) • Entertainment • Sports facility • Construction stage (new construction, re-development & maintenance) • Vietnam Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Office green building construction • Retail green building construction • Hospitality green building construction • Restaurant green building construction • Entertainment green building construction • Sports facility green building construction • Other commercial green building construction • Vietnam Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) • Vietnam Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Healthcare construction • Educational construction • Public sector • Construction stage (new construction, re-development & maintenance) • Vietnam Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by • Healthcare green building construction • Educational green building construction • Vietnam Infrastructure Construction Sectors: 10- year market size & forecast in value terms by • Marine and inland water infrastructure • Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure) • Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction) • Construction stage (new construction, re-development & maintenance) • Vietnam Green Infrastructure Construction: 10- year market size & forecast in value terms Reasons to buy • In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Vietnam. • Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry. • City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.

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