Construction sector struggling because of COVID-19 epidemic

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.
Construction sector struggling because of COVID-19 epidemic ảnh 1The construction sector has been affected by the COVID-19 epidemic (Photo: VNA)


Hanoi (VNA) – The COVID-19 epidemic hasaffected the Vietnamese economy, including the construction sector.

Le Duc Tho, deputy general director of Civil EngineeringConstruction Corporation No 4 (Cienco4) said like many other businesses in thecountry, Cienco4 is being affected by the pandemic.

The biggest issue for construction enterprises such asCienco4 is access to construction materials, Tho told the Phap Luat Vietnam(Vietnam Law) newspaper.

“Some items could be purchased in Vietnam such as cement,sand and gravel, but many materials such as steel billets and other steelproducts must be imported from abroad,” he added.

He also said that the working pace has begun to slow down atsome construction sites.

"Despite this, we still mobilise the maximum number ofworkers to ensure progress," said the Cienco4 leader.

Do Hoai Dong, general director of the Housing and UrbanDevelopment Corporation (HUD) under the Ministry of Construction, said that thepandemic affects the whole economy, so it has a negative impact on the realestate market.

However, this effect is dependent on the spread of thedisease in the near future, he noted.

Due to the complex development of the disease, HUD has issueda written request to its member units to seek solutions for its employees,allowing workers to work from home.

"Currently, the corporation is working to evaluate thefull impact of the epidemic to adjust the production and business plan thisyear," Dong said. HUD would speak to member companies, and then proposesolutions to relevant ministries and branches, he added./.

VNA

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