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Vietnam’s Construction Industry: Prospects for Foreign Investors

In: Sectoral Analysis of Trade, Investment and Business in Vietnam

Author

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  • To Ngoc Thanh

Abstract

In parallel with the fast economic growth rate in the economy, in the 1986–95 period, Vietnam’s construction industry notched up considerable growth, averaging between 21 per cent and 30 per cent annually. The construction output value in the five years 1986–90 was VN$3356 billion (equal to US$333 million), and soared to VN$36 150 billion (equal to US$3.6 billion), showing an increase of 10.8 times in the 1991–5 period.

Suggested Citation

  • To Ngoc Thanh, 1999. "Vietnam’s Construction Industry: Prospects for Foreign Investors," Palgrave Macmillan Books, in: Tran Hoa (ed.), Sectoral Analysis of Trade, Investment and Business in Vietnam, chapter 3, pages 15-23, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14626-0_3
    DOI: 10.1007/978-1-349-14626-0_3
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