| dc.description.abstract | 2019 is considered a failed year of the construction industry with a sharp decline
of most of the key stocks and whether this situation will improve in 2020, as will
now be explained through the following headings:
First of all, the construction industry has developed stably in recent years
mainly due to the positive influence from the real estate sector. With the rapid
urbanization rate and the increasing proportion of urban population to the total
population, the demand for construction in Vietnam is always high. with the GDP
growth rate. However, in 2019, experts expect the industry growth rate will only
reach 7.2%. Secondly, Since 2018, the real estate market in Ho Chi Minh City has been
squeezed to license new projects so far. Analysts expect this situation to continue
but not be too strict in the coming years and help construction enterprises "breathe"
more easily. On the other hand, according to BMI (Business Monitor International),
The construction industry will maintain an average growth rate of about 7.6% in the
period 2018-2025. PwC's research shows that Indonesia, Vietnam and the
Philippines are the countries that can get the greatest attention from international real
estate developers in the ASEAN region. This proves that the industry prospect is still
very good in the long term, so the correction of these stocks (if any) in 2020 is
expected to be an opportunity for investors to buy at reasonable prices. . The
shortened strategy of shortening and surfing will most likely not work for this
industry. Buying for long-term goals of 3-5 years will be more reasonable.
Last but not least, according to the Ministry of Construction, of the eight goals,
only the social housing target did not meet the plan. Total housing area increased by
about 50 million m2 of floor, of which social houses have 4,110 units with a total
area of 205,000 m2 of floor (the planned target is 50,000 units with a total area of
2,500,000 m2 of floor). ensure the progress, quality, improve the quality of legal documents; closely
coordinate with the concerned ministries and branches in formulating policies on
investment management, bidding, investment models, especially public-private
partnership (PPP) forms as a basis for implementing construction projects in the
coming time. | en_US |
