Vietnam Construction Industry Databook 2025: Market Size and Forecast Across 40+ Construction Segments for Ten Years from 2020-2029 - ResearchAndMarkets.com

The "Vietnam Construction Industry Databook Series - Market Size & Forecast by Value and Volume, Q1 2025 Update" has been added to ResearchAndMarkets.com's offering.

The construction market in Vietnam continues to demonstrate impressive growth prospects, with predictions indicating a rise to VND 695.60 trillion by 2025, a yearly increase of 9.8%. Building on a strong historical growth of 14.9% CAGR from 2020 to 2024, expectations are high for a continued rise at a 7.6% CAGR through 2025-2029. By 2029, the sector could reach approximately VND 1,014,795.5 billion.

A comprehensive data-centric analysis of the construction industry in Vietnam reveals substantial opportunities, particularly in the building and infrastructure segments. This evaluation encompasses over 100 KPIs and provides detailed insights into market dynamics across different cities.

Residential Construction

The residential sector holds significant potential with a focus on affordable housing, mixed-use developments, and sustainable housing options. This demand is driven by urbanization and rising incomes, prompting local and international developers to expand. Challenges such as rising costs and regulatory hurdles persist, encouraging developers to adopt cost-efficient practices and green construction methodologies to capitalize on the burgeoning market.

Commercial Construction

The commercial sector also offers robust investment potential, particularly through mixed-use developments and high-end office spaces. Growth is fueled by pro-business policies and increased foreign investment. Developers face the challenges of evolving regulatory requirements and rising development costs, yet have opportunities in adapting to flexible office spaces and integrating sustainable practices.

• Notable Projects: Landmark 81 in Ho Chi Minh City and Eco Smart City Thu Thiem are key highlights.

Institutional Construction

Driven by government investments, the institutional sector focuses on healthcare and educational infrastructure. These developments are critical in supporting Vietnam's rapid urbanization. Despite challenges like budget constraints, the sector is poised for growth through public-private partnerships and technological integrations.

• Healthcare and Education Landmarks: Expansion projects at Bach Mai Hospital and Fulbright University Vietnam are underway.

Industrial Construction

The industrial sector benefits from substantial foreign direct investment and strategic location advantages, focusing heavily on logistics, manufacturing, and renewable energy. Sustainability and technological integration are key trends within this domain.

• Key Projects: The VinFast EV Manufacturing Complex and Deep C Industrial Zones play pivotal roles in fostering high-tech industrial advancements.

Infrastructure Construction

Vietnam's infrastructure construction aims to enhance transportation, energy, and digital networks. Projects like the North-South Expressway and Ho Chi Minh City Metro are vital in boosting economic growth and urban mobility.

• Government Initiatives: Policies focus on developing transport and energy infrastructure, facilitated through public-private partnerships.

With growing foreign investment and strategic government initiatives, the Vietnamese construction market is set to thrive. Developers who leverage digital transformations, adopt sustainable practices, and align with governmental incentives will be well-positioned to seize upcoming opportunities.

Market Data and Insights:

This report provides market size and forecast across 40+ construction segments for ten years from 2020 - 2029 in Vietnam.

KPIs covered include the following:

• Market size by value
• Market size by volume of construction
• Number of units

Report Scope

• Vietnam Economic Indicators
• Vietnam Top Cities Construction Data
• Vietnam Residential Building Construction Coverage
• Vietnam Residential Green Building Construction Coverage
• Vietnam Commercial Building Construction Coverage
• Vietnam Commercial Green Building Construction Coverage
• Vietnam Industrial Green Building Construction Coverage
• Vietnam Institutional Building Construction Coverage
• Vietnam Institutional Green Building Construction Coverage
• Vietnam Infrastructure Construction Sectors
• Vietnam Green Infrastructure Construction
• Vietnam Construction Cost Structure Analysis

Reasons to buy

• Comprehensive Insight into Construction Market Dynamics: Gain a deep understanding of the construction market, including opportunities, industry trends, and key drivers across over 40+ market segments and sub-segments.
• Detailed Analysis of Construction Costs: Explore construction costs broken down by type, including material and labor costs. The report provides detailed information on costs by construction type and worker.
• Top Ten Cities Construction Value: Access valuable data on the construction market size for major cities, focusing on key city-level sectors.
• In-Depth Volume and Value Data: Obtain a thorough understanding of the market from both value and volume perspectives, covering historical data and forecasts by activity and units.
• Strategic Market-Specific Insights: Formulate targeted strategies by identifying growth segments and opportunities and assessing key trends, drivers, and risks within the construction industry.
• City-Level Trend Analysis: Get detailed trend analyses for tier-1, tier-2, and tier-3 cities, offering actionable insights for urban-focused strategies.

For more information about this report visit https://www.researchandmarkets.com/r/s019hf

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