Despite expectations that the demand for iron and steel will rise due to the government's efforts to reduce supply by disbursing public investment, removing funding for key projects or focusing on social housing projects, the cost of construction materials remains stubbornly high.
A visiting delegation of Indian business executives from the ceramic tile, porcelain floor, wall and decoration tile, bathroom sanitary ware and related industries met with their Vietnamese counterparts in Ho Chi Minh City to compare notes and seek tie-ups.
Vietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported.
With local construction contractors recovering after the heavy impact of the COVID-19 pandemic, the increased prices of building materials and the labour costs have a significant effect on their performance.
Viglacera Corporation JSC, the largest real estate and building materials group in Vietnam, has developed 11 industrial parks in Vietnam and one economic zone in Cuba, attracting nearly 15 billion USD worth of foreign direct investment from more than 300 enterprises.
Exports of cement and clinker reached an impressive figure of about 19.26 million tonnes in the first five months of this year, increasing by 50 percent over the same period last year.
While many stocks in the building materials sector like steel or plastic have surged recently, cement stocks are still hovering around a low price zone.
The building materials market is forecast to be robust this year, with the demand fuelled by the increase in infrastructure development investment and the recovery of the property market, according to the Ministry of Construction.
Deputy Prime Minister Trinh Dinh Dung has signed a decision approving a strategy on the development of Vietnam’s building materials for the 2021-30, with a vision to 2050.
The 2020 Vietbuild International Exhibition kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City’s district 7 on June 24, with the theme “Construction - Building Materials - Real Estate - Interior and Exterior Decoration.”
The Vietbuild International Exhibition with the theme Construction – Building materials – Real Estate – Interior and Exterior Decoration will be held in Ho Chi Minh City from June 24 to 28.
A development strategy is being drawn up for the building material industry for 2021-2030, with a vision to 2050, as the management and development of the sector are still facing a number of shortcomings.
Hoa Binh Construction Group has topped the list of Vietnam’s Top 10 Most Reputable Building Contractors in 2020, according to an independent report by Vietnam Report.
The Vietbuild International Exhibition with the theme 'Real estate - Architecture - Interior and Exterior Decoration' will be held in HCM City from September 25 to 29.
New products and advanced technologies in real estate, construction, building materials and exterior-interior décor are being showcased at nearly 1,600 pavilions during the second edition of the Vietbuild Hanoi International Exhibition in 2019, which opened in the capital city on September 4.
Vietbuild Hanoi 20019, the largest exhibition of the construction sector in Vietnam, will take place from September 4-8 in the capital city, featuring 1,600 pavilions from 18 countries and territories, organizers said at a press conference on August 30.
The 2019 Vietbuild International Exhibition opened in the Mekong Delta city of Can Tho on July 25, focusing on construction, building materials, real estate and interior and exterior decoration.
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