| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 19.61 Billion |
| Market Size (2030) | USD 27.51 Billion |
| CAGR (2025 - 2030) | 7.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Vietnam Infrastructure Market Analysis
The Vietnam Infrastructure Market size is estimated at USD 19.61 billion in 2025, and is expected to reach USD 27.51 billion by 2030, at a CAGR of 7% during the forecast period (2025-2030).
Up until 2024, Vietnam's infrastructure market has experienced significant growth, fueled by proactive government initiatives and substantial foreign investments. As part of the Socio-Economic Development Plan for 2021–2025, the government is emphasizing transport and energy infrastructure. Key goals include completing the North-South Expressway by 2025 and bolstering the renewable energy sector. In May 2024, the Ministry of Planning and Investment underscored these initiatives as vital for propelling the nation's economic growth.
Foreign direct investment (FDI) has played a crucial role in bolstering Vietnam's infrastructure. In 2023, the nation saw a registered FDI of USD 36.6 billion, a notable 32.1% rise from the previous year. Sectors like renewable energy and smart city projects drew significant investor attention, mirroring Vietnam's commitment to sustainable, high-value endeavors that are seamlessly woven into global supply chains.
Moreover, Vietnam is harnessing innovation hubs, such as the National Innovation Center (NIC), to champion the adoption of Industry 4.0. The NIC is a collaborative platform focusing on domains like smart cities, cybersecurity, and green technology, nurturing a forward-thinking infrastructure landscape. These initiatives dovetail with broader regional connectivity ambitions, bolstering Vietnam's stature as a pivotal logistics and trade nexus in Southeast Asia.
Vietnam Infrastructure Market Trends
Boost in Airport Infrastructure Driving Vietnam's Transportation Growth
Vietnam is rapidly transforming its airport infrastructure to cater to its burgeoning economy and rising connectivity demands. The government has greenlit an extensive plan to bolster the nation's airport network, aiming to expand the count to 30 by 2030. This ambitious endeavor, necessitating a hefty investment of USD 16.5 billion, will be financed through a blend of state budget allocations and private contributions. Such enhancements are pivotal for Vietnam to sustain its economic trajectory and bolster its burgeoning tourism and business sectors.
At the forefront of these initiatives is the Long Thanh International Airport, poised to become Vietnam's largest upon its completion. The airport's inaugural phase, with a capacity for 25 million passengers annually, is on track to debut in 2025, while the entire project eyes a 2035 completion. Additionally, the cargo terminal, vital for the nation's burgeoning logistics sector (a significant GDP contributor), will see its construction kick off in January 2025.
Upgrades aren't limited to major hubs; regional airports are also seeing enhancements. Dong Hoi Airport in Quang Binh, for instance, is undergoing a USD 57 million expansion, boosting its capacity to 3 million passengers yearly. Meanwhile, Dien Bien Phu Airport is channeling a USD 65 million investment into its runway and taxiway upgrades, a move set to enhance access to remote regions and amplify tourism prospects. By 2030, these advancements will ensure that 95% of the populace is within 100 kilometers of an airport, markedly elevating both domestic and international connectivity across Vietnam.
These strategic investments in airport infrastructure are crucial for cementing Vietnam's status as a competitive economic nexus in Southeast Asia, streamlining passenger travel and cargo operations, and championing regional growth..
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Advancements in Primary and Vocational Education Infrastructure
Vietnam is rapidly evolving its educational infrastructure, especially in primary and vocational education, becoming a pivotal driver of national growth. Central to this initiative is the expansion of classrooms and enhancement of educational quality, addressing the needs of its burgeoning youth population. Between 2016 and 2024, the steady increase in primary school classrooms underscores the government's commitment to universal education and equitable access to learning nationwide.
Underpinning the government's education strategy are investments in both physical infrastructure and quality enhancement, with a clear goal: to broaden access to primary schools in urban and rural locales alike. This commitment is further underscored by Vietnam's education budget, which commands a notable 20% of the national expenditure. Such financial dedication fuels initiatives, from bolstering early childhood education to upholding essential quality standards in every primary institution.
Meanwhile, vocational education is undergoing a transformation, aligning more closely with labor market demands. This shift is designed to arm students with the skills needed in a global economy, spotlighting technical training in areas like manufacturing and digital tech. The government's vision for vocational education encompasses establishing new institutions tailored to specific industries, ensuring a more agile response to labor market needs. Such a transformation is crucial, positioning Vietnam's workforce as globally competitive and aligning with the nation's broader economic aspirations.
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Vietnam Infrastructure Industry Overview
The market is fragmented, as many new entrants focus on bagging projects to strengthen their positions among the market's key players and are expected to grow during the forecast period due to private and venture capital investment.
Key players in the market are Central Power Corporation, Coteccons Construction, Hoa Binh Construction Group, Construction Corporation No.1, and Song Da Corporation.
Vietnam Infrastructure Market Leaders
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Central Power Corporation
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Coteccons Construction
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Hoa Binh Construction Group
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Construction Corporation No.1
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Song Da Corporation
- *Disclaimer: Major Players sorted in no particular order
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Vietnam Infrastructure Market News
- November 2024: Vietnam's National Assembly has approved a transformative high-speed railway project, with an investment of USD 67 billion. This strategic initiative will connect Hanoi, the northern capital, to Ho Chi Minh City, covering a distance of 1,541 kilometers (957 miles).
- October 2024: Vingroup of Vietnam and AD Ports Group from Abu Dhabi have signed a memorandum of understanding (MoU) to jointly explore opportunities for developing and modernizing Vietnam's maritime infrastructure, thereby enhancing the country's position as an international trade hub.
Vietnam Infrastructure Industry Segmentation
Infrastructure is the backbone of domestic and international commerce and industrial and agricultural production. It is the fundamental organizational and physical framework necessary to operate a firm successfully. The infrastructure sector focuses on major infrastructure such as power, roads and bridges, dams, and urban infrastructure.
The market is segmented by the Infrastructure segment (Social Infrastructure, Transportation Infrastructure, Extraction Infrastructure, Utilities Infrastructure, Manufacturing Infrastructure). The report offers market size and forecast for all, the above segments in value (USD).
| By Infrastructure segment | Social Infrastructure |
| Transportation Infrastructure | |
| Extraction Infrastructure | |
| Manufacturing Infrastructure | |
| Utilities Infrastructure |
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Vietnam Infrastructure Market Research Faqs
How big is the Vietnam Infrastructure Market?
The Vietnam Infrastructure Market size is expected to reach USD 19.61 billion in 2025 and grow at a CAGR of 7% to reach USD 27.51 billion by 2030.
What is the current Vietnam Infrastructure Market size?
In 2025, the Vietnam Infrastructure Market size is expected to reach USD 19.61 billion.
Who are the key players in Vietnam Infrastructure Market?
Central Power Corporation, Coteccons Construction, Hoa Binh Construction Group, Construction Corporation No.1 and Song Da Corporation are the major companies operating in the Vietnam Infrastructure Market.
What years does this Vietnam Infrastructure Market cover, and what was the market size in 2024?
In 2024, the Vietnam Infrastructure Market size was estimated at USD 18.24 billion. The report covers the Vietnam Infrastructure Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Infrastructure Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Vietnam Infrastructure Industry Report
Statistics for the 2025 Vietnam Infrastructure market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Infrastructure analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
