Vietnamplus

Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors (VACC).

The consumer price index (CPI) in April rose 0.18 percent over the previous month and 2.64 percent year on year, according to the General Statistics Office (GSO).

Prime Minister Pham Minh Chinh chaired a meeting on February 4 reviewing the progress of the eastern section of the north-south expressway project.

Deputy Prime Minister Le Van Thanh has signed a decision approving a development programme for unbaked construction materials in Vietnam to 2030.

Construction enterprises have reported divergence in the first half of 2021 as a sharp increase in raw material prices has put them under pressure.

Prices of construction materials such as steel, bricks and sand are recovering post-pandemic, hitting contractors’ profits.

Japan's Ube Construction Materials Co. has set up a subsidiary in Ho Chi Minh City to sell waterproof agents and other construction materials in Vietnam and other Southeast Asian countries.

Ho Chi Minh City is removing legal bottlenecks to the housing market and the COVID-19 pandemic is under control, factors that will revive its construction materials market whose annual peak season begins in the first quarter.

Leading steel manufacturer Hoa Phat Group sold 95,000 tonnes of steel pipes in November, a year-on-year increase of 31.2 percent.

After a gloomy period due to the COVID-19 pandemic, the construction materials market in HCM City started to flourish again in the third quarter as the peak construction season began and demand from some export markets recovered.

ASEAN plans to sign a pact on mutual recognition arrangements (MRAs) for automobiles and building and construction materials in September with the aim of reducing production costs and fostering trade among members.

Japanese supplier of construction materials and equipment the JUTEC Corporation and Vietnam’s ISN Corporation have established a joint venture headquartered in Hanoi to welcome investment flows from Japan.

An online trade conference between Vietnam and China was held in Hanoi on June 2, focusing on construction materials and interior and exterior décor.

Japanese building product distributor JUTEC Holdings Corporation will team up with a Vietnamese partner to establish a housing services joint venture in Vietnam.

The Cambodian Ministry of Land Management, Urban Planning and Construction said the construction industry in the country remains stable despite a serious downturn facing many sectors globally due to impact of COVID-19.

Tonnes of plastic waste, particularly discarded plastic bags threaten our planet with environmental pollution, and by now almost everybody knows it.

A trade promotion workshop between businesswomen from Vietnam and the Republic of Korea (RoK) and an “ao dai” (Vietnamese traditional long dress) show were held in the RoK on October 20.

Vietnam and Japan are working together to set up a construction waste management system to control pollution.

The People’s Committee of Hanoi has asked authorised agencies and local authorities at the grass-roots levels to tighten inspection and demolish the areas being illegally used to store construction materials in the city.

The Vietbuild International Exhibition with the theme of construction, building materials, real estate, and interior and exterior decoration will be held in Ho Chi Minh City from June 19-23.