The strong return of Vietbuild exhibition has contributed to strengthening the construction material industry market in Vietnam. Just more stable after more than two years of the pandemic and the economic recession, has caused the market of the construction materials industry to slow down many times. The appearance of Vietbuild exhibition as a breeze brought many development strategies and strong trade promotion activities.
The general situation of the construction material industry market
In the first months of the year, the situation of gasoline and oil at home and abroad increased continuously. Directly affecting transportation costs and profits of market manufacturers in the construction material industry market. Prices have risen, and people’s demand for goods has decreased significantly. Enterprises in the market of construction materials are forced to reduce prices to sell off inventories and maintain the production of goods.
The business situation of the construction material industry market is considered to be very slow. Many dealers who supply building materials complain about price changes. Construction works are also decreasing day by day. Although gasoline and oil prices have decreased a bit, transportation costs are still high.
Companies representing the construction material industry market said: cement, sand, construction stone, unburnt bricks, etc. all increased by 20-30% compared to the same period last year. Although the price has fallen sharply, the actual price of steel is still very high. In addition, the cost of wages for workers is also higher than in 2021. Because the price of construction materials shows no sign of decreasing, many constructions works and projects if signed contracts with fixed unit prices or packages have so far started to incur losses, despite the calculated risks.
According to the Vietnam Steel Association (VSA), steel consumption in September was nearly 2 million tons, down 7.2% over the previous month and down 10% over the same period last year. By the end of September 2022, inventories of steel mills stood at 1.6 million tons in the context of weak domestic consumption and exports.
On the stock listing floor, the construction material industry market is under the double impact of the general index and the less optimistic picture in the third quarter financial reporting season of this industry group. However, for domestic consumption, the last quarter of the year is usually the time to break through the progress of construction investment projects. Investors expect this will be a positive signal for the construction materials industry and this industry’s stocks will recover.
Development strategy of the construction materials industry to 2030
Vietbuild Exhibition is a regular event that takes place every year under the support of the construction material industry market, organized by the Ministry of Construction of Vietnam in collaboration with the People’s Committee of Hanoi, the People’s Committee of the city. Ho Chi Minh City, the People’s Committee of Da Nang City and the People’s Committee of Can Tho City direct and sponsor the organization in major cities.
Get that support and cooperation from Ministries and sectors. The representative of the Construction Materials Department – Ministry of Construction introduced the “Strategy for development of the construction materials industry in the period of 2023 – 2030” and the “Program of unburnt construction materials in Vietnam to 2030”. Besides, at the seminar, the board of representatives and leaders also shared about the market situation of the construction material industry market.
Unburnt bricks are construction bricks that are shaped and self-curing to achieve mechanical indicators: compressive strength, flexural strength, water absorption… without going through temperature. The durability of adobe bricks is increased by pressing or vibrating or both pressing and vibrating on the bricks and their adhesives. Unburnt bricks are certified and popular in countries around the world: USA, Germany, Japan, China, .. because their durability is gradually increased over time.
Currently, the Vietnamese the construction material industry market is aiming to develop smart, green, clean and environmentally friendly building materials. Products must meet standards such as: consuming less production energy, saving energy when in use. Typically, products that apply mineral silicate technology, are safe for humans, do not contain toxic and allergic substances. Combined with the selection of a reputable and quality exhibition booth design unit in the market
In addition, these products have minimal impact, beneficial to the environment such as: Using very little energy in production, transportation and construction; using very little water resources in construction; treating some types of industrial waste; waste hardly affects the environment; can be recycled up to 100%; Easy to clean and the longer you leave it, the stronger it becomes…
According to the orientation, Vietbuild 2023 exhibition will be a place for businesses to introduce the construction material industry market as well as new materials, decorative and finishing materials.
– Unburnt brick products
– Soundproof and heat-insulating panel products
– Flexible mortar against cracking, waterproofing and anti-corrosion of marine works.
– Gypsum-based interior plaster
– Development solutions for the construction industry, building materials
– Digital transformation in the industry of construction materials,…
It is expected that about 130 participants will be scientists from specialized research institutes, associations, industry associations, construction enterprises and investors as well as the media. Promising to be an important event in the future about the policies as well as the market of the construction material industry market.
Therefore, Vietbuild Expo is the optimal platform for global suppliers and local manufacturers to exchange business and build long-term cooperative relationships. Since then, promoting the development of the construction material industry market. With a reasonable cost and a lot of potential to be supported by the state, Vietbuild HCM 2023 exhibition, Vietbuild Da Nang 2023 exhibition, Vietbuild Hanoi 2023 exhibition is considered a must-attend exhibition at least once in the life of businesses. In addition, businesses must also choose for themselves a reputable and professional stand booth company to bring the best effect when participating in trade fairs and exhibitions.