Vietnam Construction Market Data & Forecast to 2013 - a new market research report on companiesandmarkets.com
www.companiesandmarkets.com/Summary-Market-Report/vietnam-constr ..
Vietnam Construction Market Data & Forecast to 2013 report is the essential source for Construction industry data and analysis covering Vietnam, both at the top level and providing in-depth category and channel insight.
The report provides historical data and forecasts for the Vietnamese Construction industry in the period 2004-2013, detailed profiles and financial metrics covering the major market players, a
breakdown of key recent M&A and partnership activity, and comprehensive analysis of the key factors driving the industry at consumer, market and company level.
The Vietnamese construction industry grew at a CAGR of 20.93% for the period 2003-2008. Non-residential sector’s market share was 51.4% in 2008, while residential sector accounted for the balance 48.6%. Located in South-East Asia, Vietnam, once a war savaged land, is now a fast developing market. Over the five years prior to 2008, the Vietnamese economy has recorded 8% growth in Gross Domestic Product (GDP), making it one of the fastest growing Asian markets. Even in the face of recession in 2008, the country reported a robust GDP growth of 6.2%. Vietnam has been moving to industrialization over the last two decades. The industry and construction sector which accounted for 23.8% of the country’s GDP in 1991 has grown to 39.9% in 2008.
