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Vietnam Construction Consulting - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

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    Report

  • 150 Pages
  • April 2026
  • Region: Vietnam
  • Mordor Intelligence
  • ID: 6246629
The vietnam construction consulting market size was valued at USD 7.81 billion in 2025 and is estimated to grow from USD 8.68 billion in 2026 to reach USD 14.9 billion by 2031, at a 11.45% CAGR during the forecast period (2026-2031). This report is Segmented by Service Type (Project Management Consultancy, and More), by Sector (Residential, Commercial, Infrastructure/Civil), by Construction Type (New Construction, Renovation), by Investment Source (Public, Private), and by Key Cities (Ho Chi Minh City, Hanoi, Danang, Hai Phong, Rest of Vietnam). The Market Forecasts are Provided in Terms of Value (USD).

Vietnam Construction Consulting Market Trends and Insights

North-South High-Speed Rail & Eastern Expressway Megaprojects Fuelling Multi-Phase Consulting Demand

The government's December 2026 approval of the USD 67 billion North-South High-Speed Rail spanning 1,541 kilometers and the ongoing USD 59 billion Eastern North-South Expressway expansion create a sustained pipeline for feasibility studies, detailed engineering, and project-management consultancy through 2035. Resolution 106/NQ-CP mandates a Front-End Engineering Design approach for the rail project, requiring consultant selection by December 2025 and phased feasibility deliverables that integrate land-clearance schedules, rolling-stock procurement, and station-precinct master plans. The expressway program, which added 2,063 kilometers of BOT and PPP sections by 2025, is now expanding into mountainous provinces where geotechnical surveys, environmental-impact assessments, and transaction-advisory services command premium fees. This dual-megaproject cycle extends consultant revenue visibility beyond typical 2-to-3-year project horizons, enabling firms to invest in specialized capabilities such as high-speed-rail signaling design and expressway intelligent-transport-system integration. Smaller domestic consultants are forming joint ventures with Japanese and European firms to access FEED methodologies and secure positions on Ministry of Transport empanelment lists, while international players are establishing local subsidiaries to meet local-content requirements and capture long-term retainer contracts.

BIM Adoption Roadmap 2023-2030 Accelerating Digital PMC Uptake

Prime Minister Decision 258/QD-TTg, issued March 17, 2023, established a phased BIM mandate requiring all Class I and special-grade projects to adopt BIM from 2023, Class II and above from 2025, and universal coverage by 2030, transforming project-management consultancy from document-centric coordination to data-centric collaboration. Decree 175/2024 reinforces this by making BIM compulsory for Group B Level II+ projects, effectively covering the majority of public infrastructure, commercial high-rises, and industrial facilities. WSP Vietnam's Thu Thiem 2 Bridge, which opened in April 2022, served as the country's first BIM pilot using Finnish BIM guidelines and 3D IFC data transfer, demonstrating clash-detection savings and 100-year design-life validation that are now benchmarks for Ministry of Transport projects. However, a 2020 IOP Conference Series study identified acute shortages of BIM Managers, BIM Coordinators, and BIM Modelers, with 90 analyzed job vacancies clustering in southern Vietnam and revealing gaps in professional licensing and state-agency certification standards. Consultants are responding by partnering with technology providers such as Autodesk and Bentley Systems to deliver training programs, while international firms are transferring proprietary BIM workflows from Singapore and Australia to capture early-mover advantage on high-visibility projects such as Long Thanh Airport City, where CONINCO and Nihon Sekkei are co-developing the master-plan concept using integrated BIM and GIS platforms.

SOE Payment Delays & Cost Overruns Squeezing Consultant Cash-Flows

Public investment disbursement reached only VND 553.25 trillion, or 60.6% of the 2025 plan, by the end of December 2025, leaving approximately VND 360.00 trillion undisbursed and creating cash-flow bottlenecks for consultants awaiting milestone payments. CIENCO4, a major state-owned contractor, accumulated VND 941.7 billion in unfinished construction liabilities and saw over VND 156.8 billion stuck in the Ben Thanh-Suoi Tien Metro project, resulting in a 4-year bidding ban by Ha Nam province. Hoa Binh Construction, another prominent SOE, failed to pay VND 10.2 billion in Q2 2025 bond interest and carried total debt of VND 13.4 trillion, with the largest exposures to BIDV at VND 1.80 trillion and VietinBank at VND 1.29 trillion. These payment delays cascade to consultants, who often wait 90 to 180 days beyond contractual terms for invoice settlement, forcing them to finance working capital through expensive short-term credit and diverting management attention from project delivery to collections. The January 2026 termination requests for Can Tho-Ca Mau expressway contractors, including VNCN E&C, Thi Son, and Hai Dang, underscore how SOE financial distress triggers project suspensions that strand consultant resources and create stranded costs. In the renewable-energy sector, 23 foreign investors representing over 4,182 megawatts and 173 projects remained unpaid or partially paid since January 2025, with some awaiting settlement since August 2022, due to Circular 10/2023 cost-component-adjustment requirements. While the Prime Minister ordered debt-payment extensions and a VND 500 trillion credit package for infrastructure and digital technology in April 2025, the structural mismatch between annual budget allocations and multi-year project timelines persists, making cash-flow management a critical constraint for consultant growth and capacity investment.

Other drivers and restraints analyzed in the detailed report include:
  • Mandatory EIA Decrees & Decree 10 Feasibility Rules Tightening Pre-Construction Due-Diligence
  • PPP Law 2020 Revisions & Viability-Gap-Fund Sweeteners Raising Transaction-Advisory Needs
  • Lowest-Bid Tendering Bias Reducing Value-Added Consulting Scope
For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Project Management Consultancy accounted for 49.12% of the 2025 Vietnam construction consulting market share, reflecting its anchor role on highway and rail megaprojects. Design & Engineering is moving faster, expanding at a 14.66% CAGR to 2031 as BIM deliverables become compulsory for Class II and larger assets. Wider adoption of 5D cost models and clash-detection routines is driving up fee rates for firms that can integrate structural, MEP, and sustainability data in a single platform. Feasibility-study work is also growing because stricter environmental reviews now begin before land acquisition.

The Vietnam construction consulting market for master planning and digital twin services is still small but growing rapidly around Long Thanh Airport City and new industrial clusters. Domestic leaders are racing to train BIM talent through university alliances, while global majors re-use workflows honed in Singapore and Australia. Mid-tier firms that rely on 2D CAD are seeing scope restricted to tender documentation, which pays lower margins. Over 2026-2031, service diversification and digital depth will dictate winners more than headcount scale.

Residential schemes captured 44.33% of 2025 Vietnam construction consulting market share, driven by social-housing demand in Ho Chi Minh City, Hanoi, and fast-growing satellite towns. Infrastructure work, however, is forecast to post the fastest 13.28% CAGR through 2031 as Dong Nai’s semiconductor and aerospace zones demand clean-room utilities, high-purity water, and resilient power feeds. Transportation remains the largest infrastructure sub-segment thanks to the USD 67 billion high-speed rail and the USD 59 billion expressway program.

Within commercial property, data-center projects such as the 6 MW NTT HCMC1 facility signal a shift toward mission-critical design scopes that reward consultants with Tier III+ credentials. Energy & utilities consulting is also widening as PECC2 moves from hydropower to LNG and biomass pipelines. Social infrastructure, hospitals, schools, and museums benefit from green-credit incentives that cover EDGE or LOTUS certification costs. Collectively, these trends diversify revenue away from pure residential builds and give infrastructure-ready advisers a clear growth premium.

Complete Report Scope:

  • By Service Type
    • Project Management Consultancy (PMC)
    • Feasibility Studies
    • Detailed Project Reports (DPR)
    • Design & Engineering Services
    • Master Planning & Other Services
  • By Sector
    • Residential
    • Commercial
      • Office
      • Retail
      • Industrial and Logistics
      • Data Center
      • Others - Institutional, Hospitality etc.
    • Infrastructure/Civil
      • Transportation Infrastructure (Roadways, Railways, Airways, others)
      • Energy & Utilities
      • Social Infrastructure
      • Others
  • By Construction Type
    • New Construction
    • Renovation
  • By Investment Source
    • Public
    • Private
  • By Key Cities
    • Ho Chi Minh City
    • Hanoi
    • Danang
    • Hai Phong
    • Rest of Vietnam

List of Companies Covered in this Report:

  • AECOM Vietnam
  • Arcadis Vietnam
  • WSP Vietnam
  • Mott MacDonald Vietnam
  • Arup Vietnam
  • Jacobs Vietnam
  • Stantec Vietnam
  • SMEC (Surbana Jurong) Vietnam
  • TYPSA Vietnam
  • Nippon Koei Vietnam
  • Oriental Consultants Global Vietnam
  • CONINCO (Consulting & Inspection JSC)
  • TEDI (Transport Engineering Design Inc.)
  • VIWASEEN
  • CDC Consulting JSC
  • PECC 2 (Power Engineering Consulting JSC 2)
  • CEC (Construction Engineering Consultant)
  • Vinaconsult
  • VINHTECH
  • Apave Vietnam & SEA
  • Tractebel Vietnam

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 North-South High-Speed Rail & Eastern Expressway megaprojects fuelling multi-phase consulting demand
4.2.2 Mandatory EIA Decrees & Decree 10 feasibility rules tightening pre-construction due-diligence
4.2.3 BIM Adoption Roadmap 2023-2030 accelerating digital PMC uptake
4.2.4 PPP Law 2020 revisions & Viability-Gap-Fund (VGF) sweeteners raising transaction-advisory needs
4.2.5 Saigon-Dong Nai “semicon & aerospace” super-clusters driving specialised infra-advisory
4.2.6 SBV Green-Credit taxonomy incentivising green-building (EDGE/LOTUS) sustainability consulting
4.3 Market Restraints
4.3.1 Lowest-bid tendering bias reducing value-added consulting scope
4.3.2 SOE payment delays & cost overruns squeezing consultant cash-flows
4.3.3 Shortage of LEED/BIM-certified professionals limiting capacity
4.3.4 Fragmented provincial approvals causing project slippages
4.4 Government Initiatives & Consultant Empanelment Frameworks
4.5 Value / Supply-Chain Analysis
4.5.1 Overview
4.5.2 International Consulting Firms - Key Quantitative & Qualitative Insights
4.5.3 Domestic/Regional Consulting Firms - Key Quantitative & Qualitative Insights
4.5.4 Specialised Niche Consultants - Key Quantitative & Qualitative Insights
4.5.5 Technology Platform Providers (BIM, Digital PMC) - Key Quantitative & Qualitative Insights
4.6 Regulatory Landscape
4.7 Technological Outlook
4.8 Industry Attractiveness - Porter’s Five Forces
4.8.1 Threat of New Entrants
4.8.2 Bargaining Power of Suppliers
4.8.3 Bargaining Power of Buyers
4.8.4 Threat of Substitutes
4.8.5 Intensity of Competitive Rivalry
4.9 Comparison of Consulting-Market Maturity: Vietnam vs Other ASEAN Countries
5 Market Size & Growth Forecasts (Value, in USD Billion)
5.1 By Service Type
5.1.1 Project Management Consultancy (PMC)
5.1.2 Feasibility Studies
5.1.3 Detailed Project Reports (DPR)
5.1.4 Design & Engineering Services
5.1.5 Master Planning & Other Services
5.2 By Sector
5.2.1 Residential
5.2.2 Commercial
5.2.2.1 Office
5.2.2.2 Retail
5.2.2.3 Industrial and Logistics
5.2.2.4 Data Center
5.2.2.5 Others - Institutional, Hospitality etc.
5.2.3 Infrastructure/Civil
5.2.3.1 Transportation Infrastructure (Roadways, Railways, Airways, others)
5.2.3.2 Energy & Utilities
5.2.3.3 Social Infrastructure
5.2.3.4 Others
5.3 By Construction Type
5.3.1 New Construction
5.3.2 Renovation
5.4 By Investment Source
5.4.1 Public
5.4.2 Private
5.5 By Key Cities
5.5.1 Ho Chi Minh City
5.5.2 Hanoi
5.5.3 Danang
5.5.4 Hai Phong
5.5.5 Rest of Vietnam
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
6.4.1 AECOM Vietnam
6.4.2 Arcadis Vietnam
6.4.3 WSP Vietnam
6.4.4 Mott MacDonald Vietnam
6.4.5 Arup Vietnam
6.4.6 Jacobs Vietnam
6.4.7 Stantec Vietnam
6.4.8 SMEC (Surbana Jurong) Vietnam
6.4.9 TYPSA Vietnam
6.4.10 Nippon Koei Vietnam
6.4.11 Oriental Consultants Global Vietnam
6.4.12 CONINCO (Consulting & Inspection JSC)
6.4.13 TEDI (Transport Engineering Design Inc.)
6.4.14 VIWASEEN
6.4.15 CDC Consulting JSC
6.4.16 PECC 2 (Power Engineering Consulting JSC 2)
6.4.17 CEC (Construction Engineering Consultant)
6.4.18 Vinaconsult
6.4.19 VINHTECH
6.4.20 Apave Vietnam & SEA
6.4.21 Tractebel Vietnam
7 Market Opportunities & Future Outlook
7.1 White-space & Unmet-Need Assessment
8 Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AECOM Vietnam
  • Arcadis Vietnam
  • WSP Vietnam
  • Mott MacDonald Vietnam
  • Arup Vietnam
  • Jacobs Vietnam
  • Stantec Vietnam
  • SMEC (Surbana Jurong) Vietnam
  • TYPSA Vietnam
  • Nippon Koei Vietnam
  • Oriental Consultants Global Vietnam
  • CONINCO (Consulting & Inspection JSC)
  • TEDI (Transport Engineering Design Inc.)
  • VIWASEEN
  • CDC Consulting JSC
  • PECC 2 (Power Engineering Consulting JSC 2)
  • CEC (Construction Engineering Consultant)
  • Vinaconsult
  • VINHTECH
  • Apave Vietnam & SEA
  • Tractebel Vietnam