Vietnam Construction Market Size, Growth, Global Trends, Forecast 2034
Vietnam Construction Market By Sector (Residential, Commercial, and Infrastructure), By Construction Type (Renovation and New Construction), By Investment Source (Public and Private)- Country Specific Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Heavy Industry Report Format : PDF
Pages: 223 Report Code: ZMR-10421
Published Date: Mar-2026 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 72 Billion | USD 145 Billion | 7.3% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Vietnam Construction Market, (2025 - 2034) (USD Billion)
- 2.2 Global Vietnam Construction Market : snapshot
- Chapter 3. Global Vietnam Construction Market - Industry Analysis
- 3.1 Vietnam Construction Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The growing infrastructure development drive growth in the Vietnam construction market
- 3.3 Market Restraints
- 3.3.1. Labor shortage and workforce issues hamper the industry’s expansion
- 3.4 Market Opportunities
- 3.4.1. Tech integration and digital workflows present a potential opportunity for the Vietnam construction industry growth
- 3.5 Market Challenges
- 3.5.1. Construction material price volatility pose a major challenge to the Vietnam construction market expansion
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Sector
- 3.7.2 Market attractiveness analysis By Construction Type
- 3.7.3 Market attractiveness analysis By Investment Source
- Chapter 4. Global Vietnam Construction Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Vietnam Construction Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Vietnam Construction Market - Sector Analysis
- 5.1 Global Vietnam Construction Market overview: By Sector
- 5.1.1 Global Vietnam Construction Market share, By Sector, 2024 and 2034
- 5.2 Residential
- 5.2.1 Global Vietnam Construction Market by Residential, 2025 - 2034 (USD Billion)
- 5.3 Commercial
- 5.3.1 Global Vietnam Construction Market by Commercial, 2025 - 2034 (USD Billion)
- 5.4 Infrastructure
- 5.4.1 Global Vietnam Construction Market by Infrastructure, 2025 - 2034 (USD Billion)
- 5.1 Global Vietnam Construction Market overview: By Sector
- Chapter 6. Global Vietnam Construction Market - Construction Type Analysis
- 6.1 Global Vietnam Construction Market overview: By Construction Type
- 6.1.1 Global Vietnam Construction Market share, By Construction Type, 2024 and 2034
- 6.2 Renovation
- 6.2.1 Global Vietnam Construction Market by Renovation, 2025 - 2034 (USD Billion)
- 6.3 New Construction
- 6.3.1 Global Vietnam Construction Market by New Construction, 2025 - 2034 (USD Billion)
- 6.1 Global Vietnam Construction Market overview: By Construction Type
- Chapter 7. Global Vietnam Construction Market - Investment Source Analysis
- 7.1 Global Vietnam Construction Market overview: By Investment Source
- 7.1.1 Global Vietnam Construction Market share, By Investment Source, 2024 and 2034
- 7.2 Public
- 7.2.1 Global Vietnam Construction Market by Public, 2025 - 2034 (USD Billion)
- 7.3 Private
- 7.3.1 Global Vietnam Construction Market by Private, 2025 - 2034 (USD Billion)
- 7.1 Global Vietnam Construction Market overview: By Investment Source
- Chapter 8. Vietnam Construction Market - Regional Analysis
- 8.1 Global Vietnam Construction Market Regional Overview
- 8.2 Global Vietnam Construction Market Share, by Region, 2024 & 2034 (USD Billion)
- 8.3. Vietnam
- 8.3.1 Vietnam Vietnam Construction Market, 2025 - 2034 (USD Billion)
- 8.3.1.1 Vietnam Vietnam Construction Market, by Country, 2025 - 2034 (USD Billion)
- 8.3.1 Vietnam Vietnam Construction Market, 2025 - 2034 (USD Billion)
- 8.4 Vietnam Vietnam Construction Market, by Sector, 2025 - 2034
- 8.4.1 Vietnam Vietnam Construction Market, by Sector, 2025 - 2034 (USD Billion)
- 8.5 Vietnam Vietnam Construction Market, by Construction Type, 2025 - 2034
- 8.5.1 Vietnam Vietnam Construction Market, by Construction Type, 2025 - 2034 (USD Billion)
- 8.6 Vietnam Vietnam Construction Market, by Investment Source, 2025 - 2034
- 8.6.1 Vietnam Vietnam Construction Market, by Investment Source, 2025 - 2034 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Coteccons Construction JSC
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Hoa Binh Construction Group JSC
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Central Construction JSC (Central Cons)
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Delta Construction Group
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Vinaconex JSC
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Unicons Investment Construction Co. Ltd.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Ricons Construction Investment Group JSC
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Newtecons JSC
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Ecoba Vietnam JSC
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Fecon Corp JSC
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Licogi 16 JSC
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 CIENCO4 Group JSC
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Deo Ca Group JSC
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 A Phong Construction JSC
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Phuc Hung Holdings JSC
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 and others.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 Coteccons Construction JSC
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Vietnam Construction Market, 2025 - 2034 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Vietnam Construction Market attractiveness, By Sector
- 6. Global Vietnam Construction Market attractiveness, By Construction Type
- 7. Global Vietnam Construction Market attractiveness, By Investment Source
- 8. Global Vietnam Construction Market share by Sector, 2025 and 2034 (USD Billion)
- 9. Global Vietnam Construction Market by Residential, 2025 - 2034 (USD Billion)
- 10. Global Vietnam Construction Market by Commercial, 2025 - 2034 (USD Billion)
- 11. Global Vietnam Construction Market by Infrastructure, 2025 - 2034 (USD Billion)
- 12. Global Vietnam Construction Market share by Construction Type, 2025 and 2034 (USD Billion)
- 13. Global Vietnam Construction Market by Renovation, 2025 - 2034 (USD Billion)
- 14. Global Vietnam Construction Market by New Construction, 2025 - 2034 (USD Billion)
- 15. Global Vietnam Construction Market share by Investment Source, 2025 and 2034 (USD Billion)
- 16. Global Vietnam Construction Market by Public, 2025 - 2034 (USD Billion)
- 17. Global Vietnam Construction Market by Private, 2025 - 2034 (USD Billion)
- 18. Global Vietnam Construction Market share, by Region, 2025 and 2034
- 19. Vietnam Vietnam Construction Market, 2025 - 2034 (USD Billion)
Table Of Tables
- 1. Global Vietnam Construction Market: Snapshot
- 2. Drivers of the Vietnam Construction Market: impact analysis
- 3. Vietnam Vietnam Construction Market revenue, By Sector, 2025 - 2034 (USD Billion)
- 4. Vietnam Vietnam Construction Market revenue, By Construction Type, 2025 - 2034 (USD Billion)
- 5. Vietnam Vietnam Construction Market revenue, By Investment Source, 2025 - 2034 (USD Billion)
- 6. Northern Vietnam Vietnam Construction Market revenue, By Sector, 2025 - 2034 (USD Billion)
- 7. Northern Vietnam Vietnam Construction Market revenue, By Construction Type, 2025 - 2034 (USD Billion)
- 8. Northern Vietnam Vietnam Construction Market revenue, By Investment Source, 2025 - 2034 (USD Billion)
- 9. Central Vietnam Vietnam Construction Market revenue, By Sector, 2025 - 2034 (USD Billion)
- 10. Central Vietnam Vietnam Construction Market revenue, By Construction Type, 2025 - 2034 (USD Billion)
- 11. Central Vietnam Vietnam Construction Market revenue, By Investment Source, 2025 - 2034 (USD Billion)
- 12. Southern Vietnam Vietnam Construction Market revenue, By Sector, 2025 - 2034 (USD Billion)
- 13. Southern Vietnam Vietnam Construction Market revenue, By Construction Type, 2025 - 2034 (USD Billion)
- 14. Southern Vietnam Vietnam Construction Market revenue, By Investment Source, 2025 - 2034 (USD Billion)
Methodology
FrequentlyAsked Questions
Construction is the process of defining, designing, and producing buildings, engineering, and other infrastructure or specialized industrial products. It involves a series of interrelated activities that take raw materials and engineering concepts and transform them into a physical asset, including buildings, roads, dams, airports, and bridges, as well as infrastructure that supplies human needs such as water, power, and gas.
Over 2025–2034, Vietnam’s construction market growth will be primarily influenced by sustained government infrastructure spending, rapid urbanization, and strong foreign direct investment in manufacturing and industrial parks. Expansion of transport networks, including expressways, metro systems, and airports, will continue to drive civil construction activity, while rising middle-class incomes and housing demand in cities like Hanoi and Ho Chi Minh City will support residential development.
One of the primary restraints is construction material price volatility, particularly for steel, cement, and imported inputs, which increases project costs and reduces contractor profit margins. Sudden price fluctuations create budgeting uncertainty and may delay or cancel planned projects.
According to the report, the Vietnam construction market size was worth around USD 72 billion in 2024 and is predicted to grow to around USD 145 billion by 2034.
The Vietnam Construction market is expected to grow at a CAGR of 7.3% during the forecast period.
Based on the sector, the residential segment is expected to dominate the Vietnam Construction market growth during the projected period.
The Vietnam construction market is being reshaped by several emerging trends and innovations that are improving efficiency, sustainability, and competitiveness. One key trend is the increased adoption of digital construction technologies such as Building Information Modeling (BIM), which enhances design coordination, reduces errors, and improves project planning. Similarly, drones and remote sensing tools are being used for site surveys, progress monitoring, and safety oversight, enabling faster decision-making.
The Vietnam construction market is dominated by players like Coteccons Construction JSC, Hoa Binh Construction Group JSC, Central Construction JSC (Central Cons), Delta Construction Group, Vinaconex JSC, Unicons Investment Construction Co., Ltd., Ricons Construction Investment Group JSC, Newtecons JSC, Ecoba Vietnam JSC, Fecon Corp JSC, Licogi 16 JSC, CIENCO4 Group JSC, Deo Ca Group JSC, A Phong Construction JSC, and Phuc Hung Holdings JSC, among others.
The Vietnam construction market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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