Infrastructure projects, regulatory changes seen driving strong recovery in Vietnam construction
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Singapore
VIETNAM'S construction industry is set to continue its recovery in 2022 as several large-scale infrastructure projects move through different stages of development.
Amendments to the nation's construction and investment laws will likely bring further investment into the sector as well, analysts said.
This comes as companies in other parts of South-east Asia appear to be actively exploring opportunities in Vietnam.
Most recently, concrete and cement provider Pan-United Corporation signed a cooperation agreement with Vietnam property company Novaland Group. Its subsidiary, FiCO Pan-United Concrete (FiCO PanU), will provide sustainable concrete solutions to Novaland until 2024.
Under the agreement, FiCO PanU will build two on-site batching plants in Aqua City - a smart-eco integrated development in Vietnam's Dong Na…
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