Vietnam’s construction industry is expected to grow by 7.9% in real terms in 2026, supported by rising tourism activity, increased foreign direct investment (FDI), and improved public spending on infrastructure projects. As part of the country’s tourism master plan for the 2021-2030 period, the government plans to attract 35 million international visitors annually and 160 million domestic visitors by 2030, with the tourism sector’s contribution targeted to increase to 13-14% of GDP from 8.8% in 2025. To reach this target, Vietnam is expected to expand its accommodation capacity to approximately 2.5 million rooms nationwide by 2030.
Vietnam’s construction industry is expected to register an annual average growth rate of 6.5% between 2027 and 2030, supported by private and public sector investment in manufacturing, transport, housing, and energy infrastructure projects. Vietnam aims to become a modern industrialized country and a top three ASEAN industrialized manufacturing hub by 2030, with manufacturing contributing approximately 30% of total GDP by 2030, up from 24.4% in 2024.
Vietnam’s construction industry is expected to register an annual average growth rate of 6.5% between 2027 and 2030, supported by private and public sector investment in manufacturing, transport, housing, and energy infrastructure projects. Vietnam aims to become a modern industrialized country and a top three ASEAN industrialized manufacturing hub by 2030, with manufacturing contributing approximately 30% of total GDP by 2030, up from 24.4% in 2024.
The Construction in Vietnam - Key Trends and Opportunities to 2030 (Q2 2026) 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 Vietnamese construction 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 (2021-2025) and forecast (2026-2030) 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
Reasons to Buy
- Identify and evaluate market opportunities using our 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 business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
