Build

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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