Ho Chi Minh City Ready-Mix Concrete Market 2025: Growth in Tandem with Real Estate
In 2025, Ho Chi Minh City’s real estate market is witnessing a strong recovery, particularly in the residential segment and key infrastructure projects. This rebound is driving a significant increase in demand for ready-mix concrete, especially in both civil and industrial construction.Real Estate Revival Boosts Demand for Ready-Mix Concrete
According to the Ho Chi Minh City Department of Construction, the real estate market in 2025 is projected to outperform 2024, attracting more investors. The residential segment is booming, with strong demand and rising prices, particularly in satellite areas and regions benefiting from favorable urban planning policies.
At the same time, major infrastructure projects—such as the North–South Expressway, Long Thanh International Airport, and metro lines—are being accelerated. These developments are energizing the construction sector and driving up the demand for ready-mix concrete.
Slight Price Fluctuations in the Ready-Mix Concrete Market
In 2025, ready-mix concrete prices in Ho Chi Minh City have seen slight adjustments due to fluctuations in raw material costs. For example, grade 250 concrete ranges from 1,200,000 to 1,300,000 VND/m³, while grade 300 ranges from 1,300,000 to 1,400,000 VND/m³.
However, the limited availability of construction sand has caused supply difficulties for several concrete batching plants, affecting the progress of some ongoing projects.
Concrete Suppliers Expanding Capacity and Service Quality
In response to rising demand, many ready-mix concrete companies in Ho Chi Minh City are expanding their production capacity and improving service quality. For instance, Saigon Manufacturing – Trading Joint Stock Company (SMC) currently operates plants in Tan Tao, Thu Duc, Tan Duc, and Tan Kim, with a total capacity of up to 360 m³/h, ensuring timely supply for the growing market.
Positive Outlook for the Ready-Mix Concrete Industry
With the continued recovery of the real estate sector and accelerated public investment, Ho Chi Minh City’s ready-mix concrete industry is expected to maintain a positive growth trajectory. However, suppliers must pay close attention to securing stable raw material sources and enhancing product quality to meet increasingly high market expectations.
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