President meets with HUD Holdings executives
The Vietnam Housing and Urban Development Holdings Group (HUD Holdings)
must
develop faster than the nation’s growth rate, State President Nguyen
Minh Triet
said at his meeting with the group’s executives in Hanoi on March 25.
The Vietnam Housing and Urban Development Holdings Group (HUD Holdings) must
develop faster than the nation’s growth rate, State President Nguyen Minh Triet
said at his meeting with the group’s executives in Hanoi on March 25.
HUD Holdings, comprised of the Housing and Urban Development Corp, the Hanoi Construction Corporation (Hancorp), the Vietnam Building Glass and Ceramics Corp (Viglacera), the Bach Dang Construction Corp, and the Vietnam Water Supply Sewerage and Environment Construction Investment Corp (Viwaseen), made its debut in Hanoi on March 24.
“The establishment of HUD Holdings is the affirmation of the Party and State’s sound policy on restructuring, developing and enhancing the effectiveness of the operations of State enterprises,” President Triet said.
HUD Holdings also indicates the robust growth of Vietnamese construction enterprises, the President emphasised, referring the reality that enterprises should work together to meet requirements for fast and sustainable development and assist the country in narrowing the development gap with other developed countries in the region and the world.
According to Nguyen Hiep, Chairman of the HUD Holdings Executive Council, HUD Holding plays the core role in deploying the country’s orientations on housing development to 2020 and directing the national urban development strategy in the field to 2025.
With the goal of helping to stabilize and regulate the real estate market, the group has formulated a development strategy with 40 projects, eying to build 8-10 million sq. m of residential housing by 2015./.
HUD Holdings, comprised of the Housing and Urban Development Corp, the Hanoi Construction Corporation (Hancorp), the Vietnam Building Glass and Ceramics Corp (Viglacera), the Bach Dang Construction Corp, and the Vietnam Water Supply Sewerage and Environment Construction Investment Corp (Viwaseen), made its debut in Hanoi on March 24.
“The establishment of HUD Holdings is the affirmation of the Party and State’s sound policy on restructuring, developing and enhancing the effectiveness of the operations of State enterprises,” President Triet said.
HUD Holdings also indicates the robust growth of Vietnamese construction enterprises, the President emphasised, referring the reality that enterprises should work together to meet requirements for fast and sustainable development and assist the country in narrowing the development gap with other developed countries in the region and the world.
According to Nguyen Hiep, Chairman of the HUD Holdings Executive Council, HUD Holding plays the core role in deploying the country’s orientations on housing development to 2020 and directing the national urban development strategy in the field to 2025.
With the goal of helping to stabilize and regulate the real estate market, the group has formulated a development strategy with 40 projects, eying to build 8-10 million sq. m of residential housing by 2015./.
You should also see
Millions of children in Vietnam protected by vaccination over 40 years: UN agencies
Millions of children in Vietnam have been protected by immunisation over the past 40 years, said the World Health Organisation (WHO) and UNICEF offices in Vietnam on April 25 when they mark the World Immunisation Week from April 24-30.
See more
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
Business
Phu Yen, Ninh Thuan attractive to energy project developers
The south-central coastal provinces of Phu Yen and Ninh Thuan have become attractive destinations for investors operating in the energy industry thanks to great potential for renewable energy development.
