According to IMARC Group, the Vietnam construction market is projected to exhibit a growth rate (CAGR) of 8.01% during 2024-2032. The report has segmented the market by sector (residential construction, commercial construction, industrial construction, infrastructure (transportation) construction, energy and utilities construction), and region.
Factors Affecting the Growth of the Vietnam Construction Industry:
- Rapid Urbanization and Demographic Shifts:
Vietnam's rapid urbanization is a critica