Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Our outlook for Vietnam's construction and infrastructure sector remains positive, supported by
strong economic growth, regulatory changes, large FDI inflows and strong project pipeline.
Latest Updates And Structural Trends
? Our outlook for Vietnam's construction industry remains positive and we forecast real growth of 5.5%
and 6.3% in 2016 and 2017, respectively.
? We forecast transport infrastructure growth to peak at 6.8% in 2016. The Ho Chi Minh City People's
Committee has submitted for a list of priority transportation projects to government, for approval, that
will be developed in a public-private partnership (PPP) format between 2016 and 2020, including a
monorail line project, which underscores the significant growth potential of the sector.
? With power consumption expected to almost double between 2016 and 2025, we expect energy and
utilities infrastructure to grow at an annual average rate of 5% during this period. There is a long list of
projects in the pipeline as the government plans to step up the country's power generation to meet
growing demand and avoid further power shortages.