The Vietnam Project Construction Market Report is Segmented by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, and Energy and Utilities Construction). The Report Offers Market Size and Forecasts for Vietnam Construction Market in Value (USD) for all the Above Segments.

In 2023, Vietnam's construction sector accounted for a GDP value of over 640.72 trillion Vietnamese dong, equivalent to 6.27 percent of the country's total GDP. In that year, Vietnam's total GDP amounted to around 10.2 thousand trillion Vietnamese dong.

In 2023, the value of the investment in the construction sector amounted to over 158.78 trillion Vietnamese dong in Vietnam. Construction is among the leading contributors of GDP in Vietnam, as well as one of the industries employing the most people in the country.

After registering growth of 6.8% in 2020, the Vietnamese construction sector is expected to grow by 8.2% this year, supported by investments in transport and energy infrastructure. According to the General Statistics Office (GSO), the construction industry’s value-add continues to gain momentum following a slowdown in the first half of 2020, growing by an estimated 8% year on year (YoY) in the first quarter of 2021. However, a surge of new Coronavirus (COVID-19) cases in recent weeks may precipitate a further downturn if the government imposes stricter lockdown measures. Read More

The Vietnam Data Center Construction Market Report is Segmented by Tier Type (Tier 1 and 2, Tier 3, and Tier 4), Data Center Size (Small, Medium, Large, Massive, and Mega), Infrastructure (Cooling Infrastructure (Air-Based Cooling, Liquid-Based Cooling, and Evaporative Cooling), Power Infrastructure (UPS Systems, Generators, Power Distribution Unit (PDU), Racks and Cabinets, Servers, Networking Equipment, Physical Security Infrastructure, Design and Consulting Services, and Other Infrastructure), and End User ( IT and Telecommunication, BFSI, Government, Healthcare, and Other End Users). The Market Sizes and Forecasts are Provided in Values (USD) for all the Above Segments.

The Vietnam Construction Chemicals Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential) and by Product (Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

In 2023, Vietnam's industry and construction sector contributed nearly 3.79 quadrillion Vietnamese dong to the country's gross domestic product (GDP). The GDP value of this sector had been increasing steadily year-on-year within the observed period. The industry and construction sector is the second-largest contributor to Vietnam's GDP, just after the services industry.

GDP from Construction in Vietnam increased to 97405 VND Billion in the second quarter of 2024 from 75468 VND Billion in the first quarter of 2024. This dataset provides - Vietnam Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Vietnam Construction Market size was USD 66.10 billion in 2023, Get the more industry growth, segmentation, key players and revenue statistics.

Vietnam AMI: SE: Ho Chi Minh City: Female: Industry & Construction data was reported at 8,272.000 VND th in Dec 2023. This records a decrease from the previous number of 8,405.000 VND th for Sep 2023. Vietnam AMI: SE: Ho Chi Minh City: Female: Industry & Construction data is updated quarterly, averaging 5,724.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 8,410.000 VND th in Jun 2022 and a record low of 2,921.400 VND th in Jun 2011. Vietnam AMI: SE: Ho Chi Minh City: Female: Industry & Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

Vietnam construction equipment market size is projected to exhibit a growth rate (CAGR) of 5.40% during 2024-2032. The rising number of new infrastructures, along with the upgrade of existing structures to accommodate the expanding population and their needs, is primarily driving the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on equipment type and end user.

Vietnam construction equipment rental market size is projected to exhibit a growth rate (CAGR) of 7.03% during 2025-2033. The ongoing technological advancements in machinery, which allow companies to access the latest and most efficient equipment without the need for a long-term investment, are driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on solution type, equipment type, type, application, and industry.

The Vietnam Prefabricated Building Market is segmented by material type (concrete, glass, metal, timber, and other material types) and application (residential, commercial, and other applications (infrastructure and industrial)). The report offers market size and forecasts for the Vietnam prefabricated buildings industry market in value (USD billion) for all the above segments.

In 2023, the number of companies in operation in Vietnam's industry and construction sector amounted to approximately 281,177, reflecting a year-on-year increase. Meanwhile, the number of new enterprises in this sector reached 38,031 in the same year.

Vietnam GDP: Year to Date: Construction data was reported at 693,131.236 VND bn in Dec 2024. This records an increase from the previous number of 470,721.110 VND bn for Sep 2024. Vietnam GDP: Year to Date: Construction data is updated quarterly, averaging 184,229.242 VND bn from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 693,131.236 VND bn in Dec 2024 and a record low of 37,102.226 VND bn in Mar 2010. Vietnam GDP: Year to Date: Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.A008: GDP: by Industry: VSIC 2007: Current Price: Quarterly: Year To Date: Re-evaluation.

In real terms, the Vietnamese construction industry posted positive growth during the review period (2013–2017). Growth was supported by the implementation of the government’s Seventh Five-year National Socio-Economic Development Plan (2011–2015). As part of this, the government developed various industrial, agricultural and infrastructural projects across the country during 2011–2015. Read More

Vietnam AWHW: Male: Industry and Construction data was reported at 47.700 Hour in Dec 2023. This records an increase from the previous number of 46.900 Hour for Sep 2023. Vietnam AWHW: Male: Industry and Construction data is updated quarterly, averaging 49.750 Hour from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 51.100 Hour in Dec 2011 and a record low of 38.000 Hour in Sep 2021. Vietnam AWHW: Male: Industry and Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G066: Average Weekly Hours Worked: By Industrial Sector: Quarterly.

Vietnam AMI: RR: Male: Industry and Construction data was reported at 8,375.000 VND th in Dec 2022. This records an increase from the previous number of 8,171.000 VND th for Sep 2022. Vietnam AMI: RR: Male: Industry and Construction data is updated quarterly, averaging 5,326.000 VND th from Mar 2011 (Median) to Dec 2022, with 48 observations. The data reached an all-time high of 8,375.000 VND th in Dec 2022 and a record low of 3,110.500 VND th in Jun 2011. Vietnam AMI: RR: Male: Industry and Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.

GlobalData expects the construction industry to grow by 3.2% in 2020, but there is a possibility of downward revisions if activity in the short-term is more severely disrupted than currently anticipated. Read More

Vietnam AMI: SE: Male: Industry and Construction data was reported at 9,541.000 VND th in Dec 2023. This records an increase from the previous number of 9,401.000 VND th for Sep 2023. Vietnam AMI: SE: Male: Industry and Construction data is updated quarterly, averaging 6,591.500 VND th from Mar 2011 (Median) to Dec 2023, with 52 observations. The data reached an all-time high of 9,541.000 VND th in Dec 2023 and a record low of 3,324.900 VND th in Jun 2011. Vietnam AMI: SE: Male: Industry and Construction data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G056: Average Monthly Income: Wage Workers: By Industrial Sector: By Provinces: Quarterly.