Vietnam reported about 27.26 billion USD in foreign direct investment (FDI) in the first 10 months of the year, an on-year increase of 1.9%. The capital disbursed for foreign investment projects is estimated at approximately 19.58 billion USD, up 8.8% compared to the same period in 2023.
Prefabrication has revolutionized the construction industry, offering a faster, more cost-effective, and sustainable way to build. By manufacturing components off-site and assembling them on location, this method reduces construction time, waste, and costs. But while prefabrication offers numerous advantages, it also presents challenges that contractors must navigate. In this article, we’ll explore how prefabrication works, its benefits, potential drawbacks, and how contractors can optimize its use for maximum efficiency.