Construction in Vietnam
Summary
Construction in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Construction in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The construction market includes both residential and non-residential construction. Market value refers to the total output value of construction activity in a specific year. Construction output value is defined as the total value of construction activity in any given period, including costs related to all materials, equipment, and services used.
- The Vietnamese construction industry recorded a revenue of $107.1 billion in 2025, representing a compound annual growth rate (CAGR) of 8.5% between 2020 and 2025.
- The non-residential segment accounted for the industry's largest proportion in 2025, with total revenue of $69.5 billion, equivalent to 64.9% of the industry's overall value.
- In 2025, the Vietnamese construction industry recorded a growth of 11.6%. The growth is attributed to a substantial rise in nominal Gross Value Added (GVA) in construction. According to GlobalData, in 2025, the nominal GVA in construction in Vietnam reached $26.9 million, up 2.1% annually.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Vietnam
- Leading company profiles reveal details of key construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam construction market with five year forecasts
- What was the size of the Vietnam construction market by value in 2025?
- What will be the size of the Vietnam construction market in 2030?
- What factors are affecting the strength of competition in the Vietnam construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Vietnam's construction market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Market trends
2.4. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players in this industry?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the most recent developments in the industry?
8 COMPANY PROFILES
8.1. Hoa Binh Construction Group
8.2. Coteccons Construction
8.3. Vingroup JSC
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
2.3. Market trends
2.4. Regulatory landscape
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players in this industry?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the most recent developments in the industry?
8 COMPANY PROFILES
8.1. Hoa Binh Construction Group
8.2. Coteccons Construction
8.3. Vingroup JSC
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Vietnam construction industry value: $ million, 2020-25
Table 2: Vietnam construction industry category segmentation: % share, by value, 2020-25
Table 3: Vietnam construction industry category segmentation: $ million, 2020-25
Table 4: Vietnam construction industry geography segmentation: $ million, 2025
Table 5: Vietnam construction industry value forecast: $ million, 2025-30
Table 6: Hoa Binh Construction Group: Key Facts
Table 7: Hoa Binh Construction Group: Annual Financial Ratios
Table 8: Hoa Binh Construction Group: Key Employees
Table 9: Coteccons Construction: Key Facts
Table 10: Coteccons Construction: Annual Financial Ratios
Table 11: Coteccons Construction: Key Employees
Table 12: Vingroup JSC: Key Facts
Table 13: Vingroup JSC: Annual Financial Ratios
Table 14: Vingroup JSC: Key Employees
Table 15: Vietnam Size of Population (Million), 2021-25
Table 16: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 17: Vietnam GDP (Current Prices, $ Billion), 2021-25
Table 18: Vietnam Inflation, 2021-25
Table 19: Vietnam Consumer Price Index (Absolute), 2021-25
Table 20: Vietnam Exchange Rate, 2020-25
Table 1: Vietnam construction industry value: $ million, 2020-25
Table 2: Vietnam construction industry category segmentation: % share, by value, 2020-25
Table 3: Vietnam construction industry category segmentation: $ million, 2020-25
Table 4: Vietnam construction industry geography segmentation: $ million, 2025
Table 5: Vietnam construction industry value forecast: $ million, 2025-30
Table 6: Hoa Binh Construction Group: Key Facts
Table 7: Hoa Binh Construction Group: Annual Financial Ratios
Table 8: Hoa Binh Construction Group: Key Employees
Table 9: Coteccons Construction: Key Facts
Table 10: Coteccons Construction: Annual Financial Ratios
Table 11: Coteccons Construction: Key Employees
Table 12: Vingroup JSC: Key Facts
Table 13: Vingroup JSC: Annual Financial Ratios
Table 14: Vingroup JSC: Key Employees
Table 15: Vietnam Size of Population (Million), 2021-25
Table 16: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 17: Vietnam GDP (Current Prices, $ Billion), 2021-25
Table 18: Vietnam Inflation, 2021-25
Table 19: Vietnam Consumer Price Index (Absolute), 2021-25
Table 20: Vietnam Exchange Rate, 2020-25
LIST OF FIGURES
Figure 1: Vietnam construction industry value: $ million, 2020-25
Figure 2: Vietnam construction industry category segmentation: $ million, 2020-25
Figure 3: Vietnam construction industry geography segmentation: % share, by value, 2025
Figure 4: Vietnam construction industry value forecast: $ million, 2025-30
Figure 5: Forces driving competition in the construction industry in Vietnam, 2025
Figure 6: Drivers of buyer power in the construction industry in Vietnam, 2025
Figure 7: Drivers of supplier power in the construction industry in Vietnam, 2025
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Vietnam, 2025
Figure 9: Factors influencing the threat of substitutes in the construction industry in Vietnam, 2025
Figure 10: Drivers of degree of rivalry in the construction industry in Vietnam, 2025
Figure 1: Vietnam construction industry value: $ million, 2020-25
Figure 2: Vietnam construction industry category segmentation: $ million, 2020-25
Figure 3: Vietnam construction industry geography segmentation: % share, by value, 2025
Figure 4: Vietnam construction industry value forecast: $ million, 2025-30
Figure 5: Forces driving competition in the construction industry in Vietnam, 2025
Figure 6: Drivers of buyer power in the construction industry in Vietnam, 2025
Figure 7: Drivers of supplier power in the construction industry in Vietnam, 2025
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Vietnam, 2025
Figure 9: Factors influencing the threat of substitutes in the construction industry in Vietnam, 2025
Figure 10: Drivers of degree of rivalry in the construction industry in Vietnam, 2025