Large infrastructure construction site with cranes and bridge pillars under development, with power transmission lines in the background, representing Vietnam’s transport and infrastructure growth.

Vietnam Construction and Infrastructure Market

Transport Infrastructure, PPP Projects, and Urban Development

Vietnam’s construction and infrastructure market is supported by sustained public investment, urbanization, industrial-park development and major transport projects. The National Master Plan for 2021–2030 prioritizes modern infrastructure, economic restructuring and the development of industrial and urban growth corridors.

Demand is concentrated in transport infrastructure, energy facilities, industrial parks, logistics hubs, urban development and public buildings. Major projects, including the North-South Expressway, Long Thanh International Airport and urban metro systems in Hanoi and Ho Chi Minh City, continue to shape investment priorities across the sector.

For foreign companies, opportunities extend beyond construction materials to engineering equipment, MEP systems, building technologies, project-management services and specialized construction solutions. Public infrastructure projects may involve State investment, official development assistance, public-private partnership arrangements or private investment, each with different commercial and compliance considerations.

The Law on Public-Private Partnership, No. 64/2020/QH14, provides a framework for public-private partnership investment in Vietnam. Foreign suppliers, contractors and investors should assess project ownership, procurement routes, financing structure, technical standards, land-related requirements and permitting before participating in projects.

Key opportunity areas

Construction materials, cement, steel, aggregates and precast solutions
Infrastructure systems, road, rail, port and airport equipment
MEP systems: HVAC, electrical, plumbing, fire protection and building automation
Building components, façade systems, fittings and interior solutions
Construction machinery, cranes, access equipment and site technology
Industrial coatings, waterproofing, adhesives and construction chemicals
Engineering, procurement and construction-management services
Digital construction, BIM, project-controls and site-safety technology