Press release
Size of the Construction in Vietnam Market To 2022
In real terms, the Vietnamese construction industry posted positive growth during the review period (20132017). Growth was supported by the implementation of the governments Seventh Five-year National Socio-Economic Development Plan (20112015). As part of this, the government developed various industrial, agricultural and infrastructural projects across the country during 20112015.
Request Sample Copy of the Report @ https://www.marketresearchreports.biz/sample/sample/1598273
The industry is expected to expand over the forecast period (20182022), albeit at a slightly slower pace. The industrys expansion over this period is expected to be mainly supported by the governments efforts to improve the quality of the countrys overall infrastructure. According to the governments estimates, the country requires over VND10.5 quadrillion (US$480.0 billion) until 2020 to develop major infrastructure projects, including the construction of 1,380km of highways and 11 power plants with a total installed capacity of 13,200MW.
The industrys output value in real terms recorded a compound annual growth rate (CAGR) of 9.27% during the review period, and is expected to post a forecast-period CAGR of 8.35%.
Complete Report Details @ https://www.marketresearchreports.biz/reports/1598273/construction-in-vietnam-key-trends-and-opportunities-to-2022-market-research-reports
Summary
Timetrics Construction in Vietnam Key Trends and Opportunities to 2022 report provides detailed market analysis, information and insights into the Vietnamese construction industry, including:
The Vietnamese construction industry's growth prospects by market, project type and construction activity
Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Scope
This report provides a comprehensive analysis of the construction industry in Vietnam. It provides:
Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Vietnam, featuring details of key growth drivers
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline
Listings of major projects, in addition to details of leading contractors and consultants
Request For TOC Report @ https://www.marketresearchreports.biz/reports/1598273/construction-in-vietnam-key-trends-and-opportunities-to-2022-market-research-reports/toc
Reasons To Buy
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate strategy using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors
Key Highlights
Timetric expects the residential construction market to retain its leading position over the forecast period, with a share of 44.3% of the industrys total value in 2022. The governments effort to bridge the gap between demand and supply for affordable housing in the country is expected to support the markets growth over the forecast period. According to estimates of the Ministry of Construction, over 1.0 million affordable housing units need to be constructed in the country by 2020, in order to accommodate the rising low-income population.
The government considers public-private partnership (PPP) projects to be a vital means to promote economic growth. Accordingly, in October 2017, the Ho Chi Minh City government announced plans to implement 105 projects under the PPP model by 2020.
Timetric expects infrastructure construction market output to record a forecast-period CAGR of 14.03% in nominal terms, driven by governments effort to reduce traffic congestion on the back of expanding population in the country. In September 2017, the Airports Corporation of Vietnam (ACV) announced plans to make several large-scale investments to upgrade various existing airports in the country. Accordingly, ACV plans to invest VND12.2 trillion (US$537.1 million) to construct a new terminal and renovate existing runways and terminals in Noi Bai International Airport.
The energy and utilities sector will be supported by large-scale investments. For example, the Power Development Plan 7, which was approved in 2016, involves an estimated investment of VND3.1 quadrillion (US$143.5 billion) to develop various energy projects in the country between 2016 and 2030.
The total construction project pipeline in Vietnam as tracked by the Construction Intelligence Center (CIC), including all mega projects with a value above US$25 million, stands at VND12.3 quadrillion (US$546 billion). The pipeline, which includes all projects from pre-planning to execution, has a healthy balance, with 56% of the total value in pre-planning and planning as of January 2018.
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact Us
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: https://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Size of the Construction in Vietnam Market To 2022 here
News-ID: 960555 • Views: …
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Vietnam
Vietnam beverages Market : Key Findings for Market Analysis and Business Plannin …
Vietnam beverages Market Analysis and Forecast, 2019-2028
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast…
Vietnam beverages Market | Outlook and Opportunities: A Forecast of Growth, Inve …
Vietnam beverages Market Analysis and Forecast, 2022-2028
The Vietnam beverages market was US$ 480 Bn in 2021 and is expected to grow at a CAGR of around 12.5% over the forecast period of 2022-2028.
Download PDF Sample of beverages Market report @ https://www.themarketinsights.com/request-sample/280160
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market…
Vietnam Two Wheeler Tire Market Size Boosting The Growth Worldwide | Kenda Rubbe …
Vietnam two wheeler tire market is expected to continue growing owing to the expanding private-public investment in two-wheeler production in the country and increasing vehicle ownership owing to the rising disposable income of the consumers
A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Vietnam two wheeler tire market witnessed sales of 40.4 million units in the year 2021 and this sales figures…
Vietnam beverages market Key Information By Top Key Player | Sabeco, Heineken Vi …
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast period of 2022-2028 based…
Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as…
The Baby Food Sector in Vietnam, 2018 Key Trends and Opportunities By Vietnam Da …
"The Baby Food Sector in Vietnam, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Vietnamese market.
Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing food and to spend with their…
