Vietnam's construction industry will grow by 7.4% in real terms in 2018, 7.2% in 2019 and at an annual average of 7.0% between 2018 and 2027. Despite concerns that rising external debt could dampen infrastructure investment flows, activity in the sector remains strong - real construction growth in 2017 came in at 8.7%. Private and foreign investors are increasingly targeting Vietnam as a destination for commercial and industrial real estate projects, which will help support buildings growth over the coming years. This is being driven by the country's low costs, relatively stable political and economic environment, and strong economic growth. Urbanisation and industrialisation trends in Vietnam will be one of the biggest drivers of construction and infrastructure demand over the next decade. The number of people living in urban areas has ballooned from 19mn in 2000 to 31mn in 2015, according to the World Bank, and by 2040, half of Vietnam is projected to be in cities.

Key View

SWOT

Infrastructure SWOT

Industry Forecast

Construction And Infrastructure Forecast Scenario 

Transport Infrastructure

Energy And Utilities Infrastructure

Residential/Non-Residential Building

Industry Risk/Reward Index

Vietnam Infrastructure Risk/Reward Index

Asia Infrastructure Risk/Reward Index

Competitive Landscape

Company Profile

Electricity Vietnam Group

Coteccons 

Vinaconex 

Infrastructure Methodology