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Vietnam Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)

Best Price Guarantee Length Publisher Published Date SKU
from $1,495 46 Pages GlobalData December, 2024 GBDT19550417
Best Price Guarantee
Price from $1,495
Length 46 Pages
Publisher GlobalData
Published Date December, 2024
SKU GBDT19550417

Vietnam Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)

Summary

GlobalData’s Construction in Vietnam - Key Trends and Opportunities to 2028 (Q4 2024) report provides detailed market analysis, information and insights into the Vietnamese construction industry, including -

  • The Vietnamese construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Vietnamese construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Vietnam’s construction industry is estimated to expand by 7.2% in 2024, supported by government spending on housing, energy, and transportation infrastructure to alleviate the country's extreme congestion and growing housing shortage. However, the growth of the construction industry will be impacted by a slowing of the residential construction sector. A tightening of credit availability, high levels of debt, rising housing inventories, and legal bottlenecks have triggered a property crisis in the country. According to the Ministry of Construction, during the first half of 2024, 110 publicly listed real estate companies have accumulated unsold inventories valued at VND481.9 trillion ($20 billion), including 17,100 unsold housing units.

However, the weakness in the residential sector is set to be offset by an improvement in infrastructure and energy and utilities construction activity. GlobalData expects Vietnam’s construction industry to register an annual average growth rate of 6.7% from 2025 to 2028, supported by the government’s efforts to develop transport and energy infrastructure in the country. Investment under Vietnam’s draft Power Development Plan Eight (PDP VIII) for the period of 2021-30, with a vision towards 2045, will support the construction industry’s output over the forecast period. Under the plan, Vietnam’s onshore wind power capacity is expected to reach 21.9GW by 2030; offshore wind power for new energy production to reach 15GW by 2035 and 24GW by 2050, solar power to reach 4.1GW by 2030 and 189.3GW by 2050, and hydropower is expected to reach 29.3GW by 2030.

Scope

This report provides a comprehensive analysis of the construction industry in Vietnam. It provides -
  • Historical (2019-2023) and forecast (2024-2028) 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 our 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 business strategies using GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors


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 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
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
About GlobalData
Contact Us
List of Tables
Table 1: South Korea Sugar Confectionery Market Value (KRW m) and Growth (Y-o-Y), 2018-23
Table 2: South Korea Sugar Confectionery Market Value (KRW m) and Growth (Y-o-Y), 2024-28
Table 3: South Korea Sugar Confectionery Market Value (USD m) and Growth (Y-o-Y), 2018-28
Table 4: South Korea Sugar Confectionery Market Value (KRW m) by Segments, 2018-23
Table 5: South Korea Sugar Confectionery Market Value (KRW m) by Segments, 2023-28
Table 6: South Korea Sugar Confectionery Market Value (USD m) by Segments, 2018-23
Table 7: South Korea Sugar Confectionery Market Value (USD m) by Segments, 2023-28
Table 8: South Korea Sugar Confectionery Market Volume (Kg m) and Growth (Y-o-Y), 2018-28
Table 9: South Korea Sugar Confectionery Market Volume (Kg m) by Segments, 2018-23
Table 10: South Korea Sugar Confectionery Market Volume (Kg m) by Segments, 2023-28
Table 11: South Korea Caramels and Toffees Market by Value (KRW m), 2018-23
Table 12: South Korea Caramels and Toffees Market by Value (KRW m), 2024-28
Table 13: South Korea Caramels and Toffees Market by Value (USD m), 2018-28
Table 14: South Korea Caramels and Toffees Market by Volume (Kg m), 2018-28
Table 15: South Korea Gums and Jellies Market by Value (KRW m), 2018-23
Table 16: South Korea Gums and Jellies Market by Value (KRW m), 2024-28
Table 17: South Korea Gums and Jellies Market by Value (USD m), 2018-28
Table 18: South Korea Gums and Jellies Market by Volume (Kg m), 2018-28
Table 19: South Korea Hard Boiled Sweets Market by Value (KRW m), 2018-23
Table 20: South Korea Hard Boiled Sweets Market by Value (KRW m), 2024-28
Table 21: South Korea Hard Boiled Sweets Market by Value (USD m), 2018-28
Table 22: South Korea Hard Boiled Sweets Market by Volume (Kg m), 2018-28
Table 23: South Korea Lollipops Market by Value (KRW m), 2018-23
Table 24: South Korea Lollipops Market by Value (KRW m), 2024-28
Table 25: South Korea Lollipops Market by Value (USD m), 2018-28
Table 26: South Korea Lollipops Market by Volume (Kg m), 2018-28
Table 27: South Korea Medicated Confectionery Market by Value (KRW m), 2018-23
Table 28: South Korea Medicated Confectionery Market by Value (KRW m), 2024-28
Table 29: South Korea Medicated Confectionery Market by Value (USD m), 2018-28
Table 30: South Korea Medicated Confectionery Market by Volume (Kg m), 2018-28
Table 31: South Korea Mints Market by Value (KRW m), 2018-23
Table 32: South Korea Mints Market by Value (KRW m), 2024-28
Table 33: South Korea Mints Market by Value (USD m), 2018-28
Table 34: South Korea Mints Market by Volume (Kg m), 2018-28
Table 35: South Korea Other Sugar Confectionery Market by Value (KRW m), 2018-23
Table 36: South Korea Other Sugar Confectionery Market by Value (KRW m), 2024-28
Table 37: South Korea Other Sugar Confectionery Market by Value (USD m), 2018-28
Table 38: South Korea Other Sugar Confectionery Market by Volume (Kg m), 2018-28
Table 39: South Korea Sugar Confectionery Market Value by Brands (KRW m), 2020-23
Table 40: South Korea Sugar Confectionery Market Value by Brands (USD m), 2020-23
Table 41: South Korea Sugar Confectionery Market Volume by Brands (Kg m), 2020-23
Table 42: South Korea Sugar Confectionery Market Value by Distribution Channel (KRW m), 2020-23
Table 43: South Korea Sugar Confectionery Market Value by Distribution Channel (USD m), 2020-23
Table 44: Category Definitions - Sugar Confectionery Market
Table 45: Distribution Channel Definitions Sugar Confectionery Market
Table 46: Volume Units for Sugar Confectionery Market
Table 47: South Korea Exchange Rate KRW - USD (Annual Average), 2018 - 2023
Table 48: South Korea Exchange Rate KRW - USD (Annual Average), 2024 - 2028 Forecast
List of Figures
Figure 1: South-East Asia, Construction Output (Real % Change), 2022-28
Figure 2: Vietnam, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Vietnam, Risk Summary
Figure 4: Vietnam, Risk Regional Comparison
Figure 5: Vietnam, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Vietnam, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Vietnam, Construction Value-Add, 2010 Constant Prices (VND Billion)
Figure 8: Vietnam, Total Credit Outstanding to Construction Sector (VND Trillion)
Figure 9: Vietnam, Construction Projects Momentum Index
Figure 10: South-East Asia, Construction Projects Momentum Index
Figure 11: Vietnam, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 12: Vietnam, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 13: Vietnam, Service Sector Value-Add, 2010 Constant Prices (VND Billion)
Figure 14: Vietnam, Total Retail Sales of Consumer Goods and Services (VND Trillion)
Figure 15: Vietnam, Total International Visitors (In Thousands)
Figure 16: Vietnam, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 17: Vietnam, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 18: Vietnam, Manufacturing Value-Add, 2010 Constant Prices (VND Billion)
Figure 19: Vietnam, Exports of Goods ($ Billion)
Figure 20: Vietnam, Total Credit Outstanding to Industrial Sector (VND Trillion)
Figure 21: Vietnam, Industrial Production Index, % Change YoY (2015=100)
Figure 22: Vietnam, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 23: Vietnam, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 24: Vietnam, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 25: Vietnam, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 26: Vietnam, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 27: Vietnam, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 28: Vietnam, Education and Healthcare Value-add (2010 Constant Prices, VND Billion)
Figure 29: Vietnam, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 30: Vietnam, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 31: Vietnam, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Vietnam, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 33: Vietnam, Headquarters of Key Consultants (% of Total Project Pipeline)

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