Tiếng Việt
Current status of construction equipment market in Vietnam
The cost of investing in purchasing new construction machinery is quite high, so in the current Vietnamese market, imports account for 95% of used machinery. In addition to the reason that the financial capacity of Vietnamese enterprises is not strong, the price of imported used machinery is relatively attractive, only 1/3 ÷ 1/4 compared to the price of new machinery. Some countries with a large amount of imported construction machinery to Vietnam include Japan, Korea, China and the US, with famous brands such as: Komatsu (Japan), Hitachi (Japan), Kobelco (Japan), Doosan (Korea), Hyundai (Korea), Daewoo (Korea) and Caterpillar (USA).
Construction equipment rental and sale market
In Vietnam, the market for buying and selling machines has been established for a long time and has developed to a certain extent along with the development of the construction manufacturing industry. However, the number of imported used construction machines and equipment originating from developed countries such as Japan, Korea, the US, etc. still accounts for a large proportion of the market. Meanwhile, the market for importing and buying and selling 100% new construction equipment is mainly from China with brands that are known in Vietnam such as MINGYU, Dynapac, Liugong, XCMG, etc. due to the low selling price factor and being very competitive compared to the same type of construction equipment originating from developed countries. It can be seen that the demand for buying and selling imported machines and renting construction equipment is bustling in provinces and cities with developed socio-economic conditions and large construction investments such as Hanoi, Ho Chi Minh City, Hai Phong, Da Nang, Dong Nai, Binh Duong… with many addresses for renting construction equipment to meet the maximum needs of the lessee. Although there are no exact statistics, it is estimated that there are about 450 units participating in importing all kinds of construction equipment and providing services for buying, selling and renting construction equipment on the market.
Construction Equipment Rental Market – Future Development Trends
Currently, renting construction machinery and equipment is popular and highly effective in developed countries, because this method can maximize capacity while reducing initial investment costs and maintenance and wear and tear costs. In Japan, where the machinery rental market is very developed, renting construction machinery and equipment has been considered an optimal solution for many years by most construction contractors, because a few contractors can spend a large amount of money to invest in purchasing all types of machinery and equipment for construction works. Meanwhile, the efficiency of investment in purchasing is often not high, and transporting construction equipment to the construction site, especially in remote areas, is costly and potentially risky.
