ResearchMoz.us include new market research report " Construction Industry in Vietnam to 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
The Vietnamese construction industry recorded a compound annual growth rate (CAGR) of 16.12% during the review period (2009–2013). However, industry growth slowed from 19.7% in 2011 to 7.0% in 2013, due to a slump in the property market, a banking system characterized by non-performing loans (NPLs) and a sluggish real estate sector.
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Nevertheless, industry outlook is favorable, due to the government’s focus industrial and residential construction. Expansion in the tourism and retail sectors, coupled with investments in infrastructure projects, will support industry growth. The industry’s output is therefore expected to record a nominal CAGR of 11.43% over the forecast period (2014−2018).
Scope:-
- This report provides a comprehensive analysis of the construction industry in Vietnam. It provides:
- Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Vietnam using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Detailed profiles of the leading construction companies in Vietnam
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Key highlights:
- The Vietnamese construction industry delivered a strong growth rate during the review period, due to Vietnam’s stable economic conditions and despite a slowdown between 2011 and 2013, due to a slump in the property market. In nominal terms, the total construction value add in Vietnam registered a nominal CAGR of 14.85% during the review period. In an attempt to boost the struggling property market, the central bank and five state-run banks announced a VND70 trillion (US$3.3 billion) loan package in 2014, to allow investors, developers and suppliers to lower prices and cut costs to increase sales. According to the Foreign Investment Agency (FIA), in the first half of 2014, the industry ranked as the second-largest recipient of foreign direct investment (FDI) with total capital of VND10.0 trillion (US$465.4 million); real estate attracted 16 projects and a capital of VND14.9 trillion (US$692.3 million). Government investment strategies for the development of the industrial, tourism and infrastructure categories will also benefit the industry over the forecast period. The industry’s value add is expected to register a forecast-period CAGR of 11.59%.
- The Ministry of Industry and Trade (MOIT) approved a Renewable Energy Development Plan for the Northern Plains and Midlands until 2020. The plan includes energy production of 325.7MW through renewable sources over 2013−2020 and a further 1.2GW over 2020−2030. An investment of VND17.0 billion (US$78.9 billion) is required until 2020 and VND31.6 billion (US$146.8 billion) will be needed for the 2020−2030 period. Such initiatives will boost growth in energy infrastructure construction over the forecast period.
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