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Construction Comprehensive Report Q2/2019

Construction Comprehensive Report Q2/2019

  • August 2019
  • 202 pages
  • ID: 5494531
  • Format: PDF
  • By Vietnam Industry Research and Consultant

Summary

Table of Contents

VIETNAM CONSTRUCTION INDUSTRY

While the Asian construction industry is showing signs of cooling, typically the slowing economic growth of China has indirectly affected the construction industry. A wide range of industries, raw materials are affected as cement, steel,.. China accounts for a large proportion not only in the global construction industry but also in Asia, so China’s influence on the regional construction market is very huge. Meanwhile, in Europe and North America, the construction market continued to remain unchanged over the past several years, due to the volatile regional economic situation and unstable recovery.
Vietnam is one of the most attractive destinations for retailers in Southeast Asia due to the booming economy. With an export-oriented economy, with exports accounting for a significant proportion of 80% of GDP, Vietnam is attracting a large and growing number of foreign investment. With increasing demand for land and industrial plants, this segment will continue to be an attractive investment channel.
In the first 3 months of the year, the retail market in Hanoi was gloomy, no new projects were launched, the situation did not change much compared to Q4 / 2018, while the retail supply of HCM.City market continued to increase , the rental prices as well as occupancy rates are improved.
In the first 3 months of 2019, while the apartment market for sale in Hanoi was vibrant due to the plentiful new supply to the market, Ho Chi Minh City also experienced a decrease in supply as well as sales due to the limited land fund. However, the price offered by HCM. City increased strongly in Q1 / 2019 due to some projects in the high-end segment marketed.
In transport infrastructure, roads and bridges contribute to the total value of the transport infrastructure industry, accounting for 56% of the total value in 2016. Vietnam’s seaport network consists of many small and medium units with inefficient distribution. Most airports in Vietnam are operating under capacity.

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