The report provides a holistic understanding of the infrastructure landscape in Vietnam, giving insights on how to navigate the market and highlighting key considerations for success.
As one of the fastest-growing economies in Southeast Asia, Vietnam has historically relied on Official Development Assistance (ODA) for development. However, with its graduation to middle-income economy status, the ODA availability is dwindling. Despite this, there is still a significant need for new and upgraded infrastructure to accommodate a rapidly growing and urbanising population, and to meet climate commitments.
Our new report, commissioned by the UK’s Foreign, Commonwealth and Development Office (FCDO), details the state of play, bottlenecks and opportunities for infrastructure development in Vietnam, focusing on five sectors: transport, energy, water and waste, social and digital. Through a thorough literature review, workshops and stakeholder consultations with both private and public sector professionals, the report provides insights into Vietnam’s infrastructure development across all sectors.
The report identifies the main supply and quality gaps for infrastructure, as well as the most promising opportunity areas, with energy emerging as a flourishing space. It also examines the bottlenecks throughout a project’s lifecycle, finding significant constraints in upstream activities such as regulatory roadblocks, capacity or skill shortage and a lack of enabling infrastructure, among others.