The construction industry is developing and facing many challenges. Competition, technological development and high quality human resources are important factors for success in this industry
Current Status of industry
Growth: The construction industry has had a steady growth trend in recent years. The demand for construction and renovation of infrastructure, housing, industrial and commercial parks continues to increase.
Competition: Competition in the construction industry is increasingly fierce. There is the appearance of many new construction companies and international businesses participating in the Vietnamese market, creating a fiercely competitive environment.
Technology: The development of technology has significantly affected the construction industry. Information technology, automation and robotics are applied to enhance performance and work quality.
Human resources: The construction industry is having difficulty attracting and maintaining high quality human resources. The shortage of expert and technical labor is a major challenge for businesses in the industry.
Sustainability: There is a trend to increase awareness of environmental protection and sustainable construction in the construction industry. Green standards and energy-saving technologies are applied to minimize negative impacts on the environment.

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