THE CONCRETE EXPO VIETNAM is the only specialized Concrete event in Vietnam that brings together an international congregation of both upstream and downstream Cement & Concrete companies and also its supporting industries gathered in the Capital City of Hanoi, Vietnam to showcase the latest developments in the Cement& Concrete industry.
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.
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
The construction sector grew 8.8 per cent in gross domestic product (GDP) for the first half of this year, the highest growth since 2010, reported the Ministry of Construction during a conference in HàNội on Thursday on tasks in the second half of this year.
In first half of this year, the ministry’s enterprises booked revenues at about VNĐ76.1 trillion (US$3.45 billion) while the rate of urban and rural construction hit 100 percent, and urbanisation nearly 35.7 percent of their respective targets for the period.
Hanoi, Vietnam – May 2, 2016 – BASF inaugurated its new production plant for concrete admixtures in the northern province of BắcGiang, Vietnam. The new plant will allow BASF to better meet the increasing demands for high quality construction chemicals products in Vietnam.
"The new plant enhances our flexibility to serve our customers with a timely supply and shorter lead times, especially in the northern part of Vietnam,” said Christian Mombaur, head of Construction Chemicals Asia Pacific, BASF. “Northern Vietnam is continuing its path of rapid urbanization and industrialization. Our new BắcGiang plant will enable us to stay closer to our customers and offer solutions to meet the growing demands in specialized construction chemicals, especially for building multi-story buildings and long-lasting infrastructure construction projects."
Located at the VănTrung Industrial Park in BắcGiang province, the plant is equipped with production units, a laboratory for product quality control as well as warehousing facilities. There, BASF produces both standard and custom-made performance admixtures from the MasterGlenium® product line under the Master Builders Solutions® brand. The company’s construction chemicals have been used in many popular construction projects such as as the NộiBài T2 Airport and the NhậtTân Bridge.
Petrus Ng, Managing Director of BASF in Thailand, Vietnam, Laos, Cambodia and Myanmar said, "Vietnam is one of the fastest growing countries in Asia Pacific and is an important market for our company. The opening of the new plant in BắcGiang is yet another milestone for us as it expands our manufacturing footprint in Vietnam and supports the rapid growth of Vietnam’s construction market."
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