The construction equipment market in Vietnam is witnessing significant growth with key players like Caterpillar, Komatsu, and Volvo CE dominating the industry. The government's emphasis on public investment, particularly in transportation infrastructure such as expressways and railway projects, is driving demand for high-quality construction equipment. Key projects like the Ho Chi Minh City-Moc Bai expressway and the Southern Expressway Link are pivotal in connecting major cities and enhancing regional connectivity. Moreover, the focus on renewable energy and the strategic shift towards electric construction equipment align with global sustainability goals. Chinese manufacturers like SANY and Liugong are capitalizing on the market, with SANY holding a strong market share in 2024. Vietnam's National Hydrogen Development Strategy aims to boost the demand for green fuel-integrated construction equipment, supporting the country's net-zero emissions goal by 2050. Overall, the construction equipment market in Vietnam is poised for growth, fueled by government investments, market trends towards sustainability, and strategic infrastructure projects.