The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
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.