construction
The Construction category covers the latest developments in the building and infrastructure sector, including real estate projects, public infrastructure, industrial construction, and housing markets. It explores investment trends, government policies, supply chain challenges, and sustainability initiatives, providing insights into materials, workforce dynamics, and technological advancements shaping the construction industry.
Construction industry in Vietnam records US$10.57 million in January FDI
In January, Vietnam’s construction sector registered a total of US$10.57 million in new foreign direct investment (FDI) across five new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$3.5 million compared to December, which saw US$14.0 million in registered capital. However, the number of new projects increased from two in December.
Housing and utility costs in Vietnam rise .35 percent in January
Housing, electricity, water, fuel, and construction material costs in Vietnam increased by 0.35 percent in January, contributing 0.07 percentage points to the Vietnam’s Consumer Price Index. House rentals saw the highest increase at 0.84 percent, while home repair services rose by 0.74 percent.
Vietnam’s exports of clinker and cement rise by 4.02 percent in December
Vietnam’s exports of clinker and cement total US$1.14 billion for 2024, reflecting strong demand in several key markets.
Oversupply of cement causing headache for Vietnam cement makers
Vietnam cement makers have a capacity of 122.34 million tons of cement a year, however, the local market is expected to absorb just 65 million tons in 2025. Moreover, cement exports are expected to reach a maximum of 35 million tons leaving an excess supply of roughly 25 million tons, according to the Ministry of Construction.
Vietnam’s clay-based building materials see annual growth in 2024
Year-on-year, the sector grew by 8.7 percent in December compared to December 2023. For the full year of 2024, cumulative growth stood at 3.6 percent compared to 2023, reflecting a steady annual performance despite the monthly dip.
Vietnam housing and construction materials prices increase in December 2024
For the full year, prices of housing and construction materials showed a 5.20 percent rise over 2023 levels, reflecting sustained growth in the sector.
Vietnam’s cement and lime sector shows steady growth in December
Year-on-year, the sector grew by 7.9 percent in December 2024 compared to December 2023. However, for the full year of 2024, cumulative growth was a modest 0.3 percent compared to 2023, indicating stabilisation in the industry over the year.
Vietnam’s iron and steel production sees steady growth in 2024
Year-on-year, the sector grew by 5.6 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 9.5 percent compared to 2023, reflecting consistent progress throughout the year.
Vietnam’s construction sector sees decline in FDI in December
In 2024, the sector attracted a total of 52 new projects with US$642.77 million in newly registered capital…
Vietnam’s concrete and cement products sector grows month-on-month despite challenges
Year-on-year, the sector saw a significant decline of 24.6 percent in December 2024 compared to December 2023. However, cumulative production for the full year of 2024 grew by 2.3 percent compared to 2023, highlighting steady annual growth despite notable challenges.
Vietnam’s clinker and cement exports dip sharply in November
The Philippines remained the largest market, with imports of US$33.87 million, a slight 3.03 percent increase month-on-month.
Vietnam’s concrete and cement products sector faces mixed performance in November
Compared to November 2023, the sector contracted by 13.21 percent, reflecting reduced activity in this category. Despite this, the first 11 months of 2024 showed a cumulative growth of 4.32 percent compared to the same period last year, highlighting its long-term potential despite short-term challenges.
Vietnam’s cement, lime, and plaster production shows steady growth in November
Year-on-year, the sector grew by 8.83 percent in November 2024 compared to the same month in 2023. However, the first 11 months of 2024 showed a slight cumulative contraction of 0.17 percent compared to the same period last year, highlighting lingering challenges in earlier parts of the year.
Vietnam sees a decline in construction sector FDI in November
Year-to-date (YTD), the sector has attracted a total of 50 new projects with US$628 million in newly registered capital, showing a significant year-over-year increase in investment despite the decline in November.
Vietnam’s housing and construction materials records price hike in November
The sector has experienced fluctuations throughout the year, with September’s CPI at 4.37 percent and a mid-year peak of 5.60 percent in June. The rise in November reflects growing demand for construction materials and housing-related expenses as urbanisation continues to shape the market.
Philippines to investigate Vietnam cement dumping claims
Notably, the Philippines had accounted for 27 percent of Vietnam’s cement exports to the end of October this year. With this in mind, Vietnam’s cement oversupply problem may be about to get worse.
Vietnam’s clinker and cement exports soar in October, but year-to-date figures decline
Despite the strong performance in October, year-to-date figures reveal a decline. From January to October, Vietnam exported 25.21 million tonnes of clinker and cement valued at US$967.97 million. This represents a 3.9 percent drop in volume and a 14.1 percent decrease in value compared to the same period in 2023…
Vietnam’s construction sector sees FDI project increase but capital plunges
Year-to-date, the construction sector has attracted 47 projects with a cumulative registered capital of US$597.67 million…
Vietnam’s housing and construction materials prices see steady October growth: Vietnam CPI
From January to October 2024, the CPI for housing and construction materials increased by 5.22 percent compared to the same period in 2023. This year-to-date growth underscores rising costs driven by factors such as supply chain pressures and raw material cost inflation. …
Vietnam’s housing and construction material prices show mixed trends in 2024
Vietnam’s Consumer Price Index–CPI–data for September 2024 showed a steady increase in housing and construction material prices of 4.37 compared to September 2023. Prices were also up 3.59 percent over December of last year…
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