Construction Market in Vietnam to grow at a CAGR of 6.73% over Forecast period 2015-2019

Albany, NY, Dec 13: Vietnam has transformed itself from one of the poorest countries in the world to a lower middle-income country in less than three decades. The country has already met 5 of its 10 Millennium Development Goals. To attain two more goals by 2015, Vietnam is focusing on strengthening its infrastructure. In 2013, when the country's economy grew by 5 percent, its construction spending grew by 6.68 percent. With improved credit facilities to middle and low-income population, the Residential Construction segment is expected to drive the Construction market in Vietnam during the coming years.

The Construction market in Vietnam to grow at a CAGR of 6.73 percent over the period 2014-2019. This report provides an outlook for the Construction market in Vietnam for the period 2014-2019. A detailed sector-wise segmentation of the Construction market in Vietnam is included in this report. The report forecasts the investments in the Residential and Non-residential Construction sectors in Vietnam during the forecast period. The report presents the vendor landscape and a corresponding detailed analysis of the key vendors and a brief description about other prominent vendors operating in the market.

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Key Vendors
- PetroVietnam Construction
- Song Da
- Vingroup Joint Stock

Other Prominent Vendors
- Cavico Vietnam
- Electricity of Vietnam Group (EVN)

Market Driver
- Rise in Demand for Residential Development
- For a full, detailed list, view our report

Market Challenge
- Government Debt Burden
- For a full, detailed list, view our report

Market Trend
- Growth of Low-cost, Affordable, and Social Housing
- For a full, detailed list, view our report

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Key Questions Answered in this Report:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.