Vietnam Construction and Infrastructure Market

Vietnam allocates 5–8% of its GDP to infrastructure, one of the highest rates globally. The construction market, valued at 78.3 billion by 2033. This boom is fueled by a $58 billion government commitment to transport infrastructure through 2030.

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Massive projects are currently redefining the landscape, including the 2,000 km North-South Expressway, the Long Thanh International Airport, and urban metro lines in Hanoi and Ho Chi Minh City. These hubs account for over 60% of all construction activity. While local giants like Coteccons and Hoa Binh lead residential projects, international firms often secure high-tech EPC contracts for bridges and power plants, frequently backed by ODA financing.

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Demand for materials remains robust; Vietnam produced over 100 million tons of cement in 2025 and sees steel consumption rising 8–10% annually. The 2021 PPP Law was designed to further attract foreign capital into transport and water projects, though navigating land clearance and bureaucratic approvals remains a critical step for new entrants.

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Our Construction & Infrastructure sector coverage

• Construction materials

• Infrastructure systems

• MEP systems (HVAC, electrical, plumbing, fire protection, …)

• Building components and fittings

• Construction machinery and equipment

• Industrial coatings and construction chemicals