Italian Firms Have Increased Vietnam Infrastructure Investment

Italian companies are expanding their footprint in Vietnam to support the nation's ambitious industrial growth plans.

Updated on Sept. 21, 2026 in Business Strategy

Isometric editorial illustration showing a steel railway track section and a power pylon, representing international industrial investment in infrastructure.
Italian firms are scaling up investment in Vietnamese construction and public utilities, aligning with the nation's high-speed rail and logistics expansion plans. AI Illustration. Upload story photo >

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Italian firms have ramped up their presence in Vietnam, targeting major infrastructure projects in construction and public utilities. This investment surge aligns with Vietnam's development of high-speed rail and integrated logistics networks.

Why it matters

Vietnam has maintained strong economic resilience through the pandemic, making it a key destination for European businesses seeking growth. Ambitious infrastructure plans have triggered significant demand for the advanced industrial technologies offered by Italian companies.

Italian companies like Herrenknecht AG, De Cardenas, and Boldrocchi are actively deploying industrial, tunnelling, and air filtration technologies across Vietnam. These projects support the country's multi-modal logistics and rail network goals.

The players

Herrenknecht AG

This German-based engineering firm provides specialized tunnelling technology essential for large-scale infrastructure projects.

Nunzio Bevilacqua

An expert observer who has identified Vietnam as a highly attractive destination for Italian business expansion.

De Cardenas

This company provides industrial solutions and is currently involved in Vietnamese infrastructure and filtration projects.

Boldrocchi

This firm specializes in industrial ventilation and air filtration systems for international manufacturing and utility infrastructure.

The details

The Viet Industry Hanoi 2026 event showcased the growing partnership between Italian enterprises and Vietnamese development goals. Firms are providing specialized expertise for infrastructure projects, ranging from construction components to complex ventilation systems.

Timeline

  1. The Viet Industry Hanoi 2026 industrial event took place during 2026.

Market Landscape

The entry of specialized Italian firms into Vietnam mirrors a broader shift as European companies seek to capitalize on emerging economies with high infrastructure demand. This expansion intensifies the competitive landscape for industrial suppliers looking to support Southeast Asian development.

The influx of advanced Italian technology is expected to accelerate the construction of modern transport and utility networks in Vietnam. For local businesses and residents, this move promises improvements in logistics efficiency and modernized infrastructure capacity.

The takeaway

Vietnam's commitment to large-scale infrastructure projects offers a stable pathway for international firms to enter the Southeast Asian market. Companies looking to expand should prioritize sectors where their specialized industrial technology can directly support national development goals.

Further reading

For more information on corporate growth trends, visit Business Strategy.

Live Poll

Is foreign investment in major national infrastructure projects beneficial for the country's long-term economic growth?