Albany, NY -- (SBWIRE) -- 02/20/2015 -- About Construction Market in Vietnam

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.

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Market analysts forecast the Construction market in Vietnam to grow at a CAGR of 6.73 percent over the period 2014-2019.

Covered in this Report
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.

Key Regions
Vietnam

Key Vendors
PetroVietnam Construction
Song Da
Vingroup Joint Stock

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

Market Driver
Rise in Demand for Residential Development
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Market Challenge
Government Debt Burden
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Market Trend
Growth of Low-cost, Affordable, and Social Housing
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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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