CONSTRUCTION IN VIETNAM, KEY TRENDS AND OPPORTUNITIES TO 2021

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• Government to Uplift Vietnam Construction Industry

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Developments and Outlook

• The Vietnamese Construction Industry has
  recorded a rising growth from 2012 to 2016.
• The impressive growth figures for the period
  2012 2016 are 6.4 (2012), 5.9 (2013), 7.6
  (2014), 10.8 (2015) and 9.1 (2016). 
• Macro economic factors boosting the growth are
  economic recovery, governments initiative to
  invest in infrastructure and residential
  construction, etc.
• Plans like Socio-Economic Development Plan
  (SEDP) for 2011-2015 have speeded up the growth
  process.
• The Governments aim on attaining the tag of
  industrialized country by 2020 is likely to lead
  to rising per capita income, thus further
  generating disposable money for more investment
  in the construction industry.

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Growth Cycle
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SWOT Analysis of the Construction Industry in
Vietnam
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5
Key Players-An Overview
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Structural Changes Observed in Retail Sector

• Though labour shifting from agriculture-based
  jobs to production-oriented jobs, still most
  people in Vietnam remain employed in the
  agriculture sector.
• The rapid economic growth, recorded by Vietnam
  in the last 20 years, is credited to the service
  and manufacture sectors.
• GDP rose sharply in the new development
  structure of Public-Private partnership, so has
  per capita income.
• The Vietnamese government since joining WTO in
  2004 has been encouraging trade and commerce for
  international organizations.

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