Minister of Construction Tran Hong Minh applauded the RoK’s proposal to organise a railway cooperation forum, seeing it as an opportunity for state management agencies, experts, research institutions, universities, and businesses of Vietnam to gain insights from the RoK’s experience in planning, construction, maintenance, and developing high-speed rail industry.
The biometric system is set for deployment at Tan Son Nhat between April and June, while at Noi Bai between March and September.
The Dong Nai provincial Finance Department is currently inviting investments for more than 3,000 social housing units in two main locations: Nhon Trach district and Bien Hoa city.
Minister of Construction Tran Hong Minh insisted that flagship projects, including the Lao Cai – Hanoi – Hai Phong railway and the North – South high-speed railway, must meet deadlines without compromising quality.
The Ministry of Construction said apartment prices are likely to continue soaring in 2025, following a hike last year.
Vietnam is now implementing the program on building at least 1 million social housing units for low-income earners and industrial park workers during 2021–2030.
The supply of social housing in Vietnam is anticipated to increase significantly next year, driven by preferential policies and the Ministry of Construction’s (MoC) efforts to address obstacles hindering related projects, according to experts.
Based on statistics reported by localities, the Ministry of Construction projects that over 100,000 social housing units will be completed nationwide in 2025.
Based on statistics reported by localities, the Ministry of Construction projects that over 100,000 social housing units will be completed nationwide in 2025.
Vietnam's Minister of Construction Nguyen Thanh Nghi and Cuba's Minister of Agriculture Ydael Jesus Perez Brito discussed strengthening collaboration in rice production at a meeting in Hanoi on December 9.
Speculation and manipulation are among factors which have inflated housing prices in major cities recently, in addition to increases in land-related costs and limited supply, according to the Ministry of Construction.
Despite significant domestic demand due to low housing rates and incomplete infrastructure, Vietnam's construction materials industry faces challenges, according to insiders.
The Ministry of Construction always encourages and supports US companies to collaborate and invest in construction projects with Vietnamese enterprises to enhance the quality of human resources and real estate products, Minister Nguyen Thanh Nghi has said.
Prime Minister Pham Minh Chinh has issued a directive on solutions to remove problems and promote production and consumption of building materials.
If prices in the real estate market increase by more than 20% for three months, ministries and branches managing the property market have to propose measures to regulate the market.
Foreign entities and individuals can now own up to 30% of the residential apartments in a building, including mixed-use developments, under a new decree effective on August 1.
Minister of Construction Nguyen Thanh Nghi held talks with Cuban Minister of Construction Rene Mesa Villafana in Hanoi on July 23, aiming to review the implementation of agreements on cooperation in construction in line with the minutes of the 41st meeting of the Vietnam-Cuba Intergovernmental Committee signed in Cuba on April 15 and exchange contents that need to be promoted in the coming time.
The construction sector recorded a 7.34% expansion in the first six months of 2024, the highest in the first half of a year in the 2020-2024 period, head of the Ministry of Construction (MoC)’s Office Dau Minh Thanh said at a conference held by the ministry on July 11.
Vietnam may develop regulations about caps on the number of property transactions and revenues individuals make in a year to limit speculation, heard a meeting to discuss the draft decree detailing several points of the Law on Real Estate Business.
The Ministry of Construction has urged the State Bank of Việt Nam to study a new credit package for low-income home buyers with preferential interest rate 3-5% lower than lending rates provided by commercial banks.