Is There a Future for Green Buildings in Vietnam?
Solidiance collaborated with Vietnam Green Building Council to release a comprehensive assessment on Vietnam's Green Building Sector. The results show that the green buildings market in Vietnam is still at the early stages of development, primarily as a result of cost sensitivities, low electricity prices, short-term thinking and misaligned incentives between building developers and users, an underdeveloped regulatory market, and a limited supply of skilled employees with green building awareness. This paper elaborates the market overview of the green building industry, green certifications used i.e. LOTUS and LEED, BCA GreenMark, and the market opportunity currently existing in Vietnam.
This white paper aims to address these main questions :
- 01. What is the current state of green buildings in Vietnam?
- 02. What drives green initiatives in Vietnam and what are the barriers stalling market development Vietnam?
- 03. What are the opportunities in Vietnam’s Green Building industry?