BIM cost management was the focus of Glodon’s October 9, 2026 meeting with Vietnam’s Ministry of Construction in Hanoi, where officials and company executives explored digital tools for construction estimating and investment cost control. The discussions produced proposals for project trials, professional training and research, rather than a completed commercial agreement.
Key Takeaways
- Vietnam’s construction ministry wants BIM to support cost control, not just 3D visualization.
- Glodon proposed cooperation on project trials, professional training and digital research.
- The Institute of Construction Economics was tasked with developing a draft memorandum for ministry consideration.
Table of Contents
- BIM cost management moves beyond visualization
- Three proposed areas of cooperation
- Draft memorandum still requires review
- Conclusion
BIM cost management moves beyond visualization
Deputy Minister Bui Xuan Dung chaired the session at the ministry’s headquarters. The Institute of Construction Economics coordinated the meeting, which included ministry departments, railway authorities and major project management boards. Glodon’s delegation was led by Vice Chairman Liu Qian and Vice President Wataru Matsumoto.
Dung emphasized that Building Information Modelling, or BIM, should serve practical cost-management needs rather than stop at visual representations. He highlighted accurate quantity takeoff—the measurement of materials and work required for a project—as a way to strengthen investment controls and reduce the risk of overruns and waste.
The distinction matters for large infrastructure projects: connecting design information with measured quantities and estimates can make BIM part of budget management, rather than simply a design presentation tool. These were the objectives discussed at the meeting, not demonstrated results from a Vietnamese pilot.
| Item | Details |
|---|---|
| Project trial | Test digital estimating on a real construction project against manual methods. |
| Professional training | Develop a standardized BIM center for training and certification of quantity surveyors and project managers. |
| Joint research | Study digital technology and AI applications in quantity takeoff and cost estimation. |
Three proposed areas of cooperation
The proposed digital pilot and training cooperation would connect Glodon’s technology with the Institute of Construction Economics’ work on construction cost management. Glodon also presented connected-data, 5D BIM and AI-powered tools intended to improve quantity takeoff and estimating.
The proposed work spans testing software on an actual project, developing professional capabilities and studying further applications of digital technology. A real-project trial would provide a basis for assessing estimating speed and accuracy against manual methods.
Draft memorandum still requires review
Dung supported the proposals in principle and instructed the Institute of Construction Economics to work with relevant ministry departments to review and complete a draft memorandum of understanding for formal consideration.
That leaves the cooperation at a development stage. The meeting established areas to pursue, but did not demonstrate that a training center had opened, a pilot had begun or the proposed memorandum had been formally signed.
Conclusion
The next identified step is completion and ministry review of the draft memorandum. Any subsequent agreement or project trial would mark a move from the October discussions toward implementation.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
