As the global economy shifts dramatically from West to East, Vietnam emerges as a bright spot, boasting a strategic position and unprecedented development opportunities. This shift opens doors for extensive collaboration with leading nations worldwide, including the United States, China, Japan, and European countries. Notably, in the construction sector, domestic contractors have become reliable partners for both domestic and international consultants, contributing to the industry's remarkable growth in Vietnam (contributing 7.5% to GDP in 2023).
We are at a historical juncture where precast technology, also known as precast concrete, is being widely adopted and becoming an advanced construction solution by addressing societal issues such as: "Labor shortage, cost, raw materials, environmental impact..." However, in the Vietnamese construction market – a country with high urbanization potential and speed in the region over the past decade, precast currently only has a modest coverage of around 5% – significantly lower than other economies in the region.
