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Construction Market in Vietnam 2015-2019

Construction Market in Vietnam 2015-2019

About Construction Market in Vietnam

Vietnam has transformed itself from one of the poorest countries in the world to a lower middle-income country in less than three decades. The country has already met 5 of its 10 Millennium Development Goals. To attain two more goals by 2015, Vietnam is focusing on strengthening its infrastructure. In 2013, when the country's economy grew by 5 percent, its construction spending grew by 6.68 percent. With improved credit facilities to middle and low-income population, the Residential Construction segment is expected to drive the Construction market in Vietnam during the coming years.

TechNavio's analysts forecast the Construction market in Vietnam to grow at a CAGR of 6.73 percent over the period 2014-2019.

Covered in this Report

This report provides an outlook for the Construction market in Vietnam for the period 2014-2019. A detailed sector-wise segmentation of the Construction market in Vietnam is included in this report. The report forecasts the investments in the Residential and Non-residential Construction sectors in Vietnam during the forecast period. The report presents the vendor landscape and a corresponding detailed analysis of the key vendors and a brief description about other prominent vendors operating in the market.

Key Regions

  • Vietnam
Key Vendors
  • PetroVietnam Construction
  • Song Da
  • Vingroup Joint Stock
Other Prominent Vendors
  • Cavico Vietnam
  • Electricity of Vietnam Group (EVN)
Market Driver
  • Rise in Demand for Residential Development
  • For a full, detailed list, view our report
Market Challenge
  • Government Debt Burden
  • For a full, detailed list, view our report
Market Trend
  • Growth of Low-cost, Affordable, and Social Housing
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Construction Market Outlook in Vietnam 2015-2019

TechNavio recognizes the following companies as the key players in the Construction Market Outlook in Vietnam: PetroVietnam Construction, Song Da Corp. and Vingroup Joint Stock Co.

Other Prominent Vendors in the market are: Cavico Vietnam and Electricity of Vietnam Group

Commenting on the report, an analyst from TechNavio’s team said: “Growth of affordable housing is one of the major trends in the Construction Market Outlook in Vietnam, which is expected to affect the overall market growth in the coming years. With sustained growth of the country’s economy over the years, the purchasing power of the population has increased, which has created demand for affordable housing in the country.”

According to the report, one of the most prominent drivers of this market is the number of government initiatives being taken in the country. Government of Vietnam has been continually implementing policies and initiatives in order to boost the growth of the construction market in the country.

Further, the report highlights one of the major challenges that the market faces/ confronts/in this market is that the Vietnamese government is heavily burdened with debts in its state-owned enterprises and the need to repay it is limiting government’s ability to finance infrastructure projects. The total public expenditure of the country is expected to grow faster than tax revenues, which could further limit government spending on infrastructure in the short to medium term.

Companies Mentioned

PetroVietnam Construction, Song Da , Vingroup Joint Stock , Cavico Vietnam , Electricity of Vietnam Group (EVN)

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Key Projects
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Industry Overview
    • Global Construction Market
      • Table Global Construction Market: Geographical Segmentation 2014
    • Construction Market in Vietnam
      • Table Construction Market in Vietnam 2010-2014 (US$ billion)
  • Country Overview
  • Market Landscape
    • Market Size and Forecast
      • Table Construction Market in Vietnam 2014-2019 (US$ billion)
  • Market Segmentation
    • Table Segmentation of Construction Market in Vietnam
    • Table Construction Market in Vietnam by Sector 2014
    • Residential Construction Market in Vietnam
      • Table Residential Construction Market in Vietnam 2014-2019 (US$ billion)
    • Non-residential Construction Market in Vietnam
      • Table Non-residential Construction Market in Vietnam 2014-2019 (US$ billion)
    • Infrastructure Construction Market in Vietnam
      • Table Infrastructure Construction Market in Vietnam 2014-2019 (US$ billion)
      • Table Infrastructure Construction Market in Vietnam 2014
      • Table Infrastructure Construction Market Forecast
    • Five Forces Analysis
  • Vendor Selection Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Key Market Trends
    • Table FDI Inflow in Vietnam by Country 2013
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
    • Key Vendors
    • Other Prominent Vendors
  • Key Vendor Analysis
    • PetroVietnam Construction
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table PetroVietnam Construction: Business Segmentation by Revenue 2013
      • Geographical Segmentation by Revenue 2013
        • Table PetroVietnam Construction: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
    • Song Da
      • Key Facts
      • Business Overview
      • Key Business Lines
        • Table Song Da: Key Business Lines
      • SWOT Analysis
    • Vingroup
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Vingroup: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Vingroup: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Business Strategy
      • SWOT Analysis
  • Market Summary
  • Other Reports in this Series

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