Construction Statistics News Today

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During the 35-year journey of attracting foreign direct investment (FDI), Vietnam has continuously improved institutions and preferential policies, effectively attracting and managing domestic and foreign investment resources. The expansion of economic diplomacy activities of the Party and Government in recent times has created more opportunities for Vietnam to attract high-quality capital flows into new industries.

Foreign direct investment (FDI) into Vietnam has recovered and started to grow again in the third quarter of 2023 after a period of decline. This is a vital driving force to promote Vietnam’s economic growth in 2023 and the following years.

Current information from the Federal Administration. All press releases from the Federal Administration, the departments and offices.

THE value of construction buildings in the country increased to P398.93 billion in 2021 from P275.81 billion in 2020, with residential-type building constructions accounting for 53.1 percent of the total value of constructions in 2021, according to the Philippine Statistics Authority (PSA). In the Construction Statistics from Approved Building Permits…

Vietnams GDP growth is projected at 6.3 per cent in 2023, according to the latest Global Economic Prospects report by the World Bank.

This is the highest growth rate in over a decade, indicating a robust economic rebound this year.

Growth in Vietnam’s economy may slow down next year due to massive complexities, including a reduction in global demand caused by tightened spending.

Construction activities in the country managed to recover with the downgrade of alert level in several areas, evident in the jump in the value of building works during the last quarter of the year.

THE gradual recovery of the economy has been reflected in the value of construction projects nationwide, according to data from the Philippine Statistics Authority (PSA). In the Construction Statistics from Approved Building Permits for the Fourth Quarter 2021, PSA said the total construction of residential and non-residential buildings grew 24.8…