{"id":3178,"date":"2023-10-12T06:59:36","date_gmt":"2023-10-12T06:59:36","guid":{"rendered":"https:\/\/dnphawaco.vn\/?p=3178"},"modified":"2023-10-12T07:15:07","modified_gmt":"2023-10-12T07:15:07","slug":"high-growth-prospects-for-vietnams-water-supply-companies","status":"publish","type":"post","link":"https:\/\/dnphawaco.vn\/en\/tin-moi-en\/high-growth-prospects-for-vietnams-water-supply-companies\/","title":{"rendered":"High growth prospects for Vietnam’s water supply and sewerage companies"},"content":{"rendered":"

In 2023, the revenue growth prospects of water supply companies are said to be quite positive due to forecasted increases in demand and selling prices.<\/span><\/p>\n

Experts from SSI Securities Corporation predict that water consumption demand in Hanoi will increase by 12% in the period 2025 to 2030 and an average increase of 6-8%\/year in Ho Chi Minh City during the same period.<\/span><\/p>\n

According to the water sector master plan, until 2030, the average water consumption per capita will increase from approximately 105 to 110 liters per person per day in 2021, to 120 liters per person per day in 2030. Water supplied to rural area ratio is estimated to increase from 43.5% to 47% by 2030 by the water supply system.<\/span><\/p>\n

At the same time, the operational efficiency of water distribution companies continues to improve. Analysts expect this trend to continue in the medium term.<\/span><\/p>\n

According to SSI Securities Corporation, the average water loss rate is expected to decrease from 17.5% in 2022 to 16.5% in 2023, as water supply companies apply improved water leak detection systems, in addition to improving the water pipeline network for end consumers.<\/span><\/p>\n

In addition, experts from SSI Securities Corporation also forecast that the average selling price of clean water will increase by about 3 to 5% depending on the province and city; Of which, Hanoi and Ho Chi Minh City are likely to increase average retail prices by 5% and Binh Dinh is likely to increase average retail prices by 3% in 2023.\u00a0<\/span><\/p>\n

Currently, the rate of water loss is less and the operational efficiency of water sector enterprises is improved. The average water loss rate in Vietnam is 17.5% in 2022, down from 18.7% in 2021. Experts from SSI Securities Corporation estimate that a 1% decrease in water loss rate will help improve gross profit margins to improve by 1.1%.<\/span><\/p>\n

According to the Ministry of Construction, by 2022, Vietnam will have 750 clean water plants in urban and rural areas in operation, with a total capacity of 11.2 million m3\/day. Planning for water plants is regulated by the Ministry of Construction, in accordance with the water supply planning of each area; in which, private companies are allowed to participate. Meanwhile, the distribution system is managed by the provincial water supply, drainage and environment company.<\/span><\/p>\n

Source: TTXVN\/Vietnam+<\/span><\/i><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In 2023, the revenue growth prospects of water supply companies are said to be quite positive due to forecasted increases in demand and selling prices. Experts from SSI Securities Corporation predict that water consumption demand in Hanoi will increase by 12% in the period 2025 to 2030 and an average increase of 6-8%\/year in Ho … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":3182,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,32],"tags":[],"acf":[],"yoast_head":"\nHigh growth prospects for Vietnam's water supply and sewerage companies - DNP Hawaco<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dnphawaco.vn\/en\/tin-moi-en\/high-growth-prospects-for-vietnams-water-supply-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High growth prospects for Vietnam's water supply and sewerage companies - DNP Hawaco\" \/>\n<meta property=\"og:description\" content=\"In 2023, the revenue growth prospects of water supply companies are said to be quite positive due to forecasted increases in demand and selling prices. 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