2026-2030: Historic Opportunity for Pipe and Construction Materials Market
Vietnam's government has announced a major infrastructure financing initiative targeting $55 billion in Official Development Assistance (ODA) and concessional loans through 2030. This represents the largest single infrastructure investment program in Southeast Asia and creates unprecedented demand for pipes, tubes, and construction materials.
Recent announcements and updates
Effective from May 5, 2025, Hoa Phat is authorized to export its Light-Walled Rectangular Pipe and Tube (LWRPT) products to the U.S. market under a self-certification process without being subject to anti-dumping duties. This outcome follows Hoa Phat’s successful demonstration that the steel substrate used in its pipe exports to the U.S. originates from Vietnam.
High demand for welded and high-pressure seamless pipes presents lucrative entry opportunities for global manufacturers
Achieving double-digit economic growth in 2026 will hinge on pooling and deploying investment resources, with public funds playing a pivotal role, according to experts.
GDP Growth Reaches 8.02%, Marking Recent Peak Performance
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