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According to Singapore’s Ministry of Trade and Industry (MTI), the country’s economy grew 3.8% in 2022, slower than the 7.6% recorded in 2021.

Cambodia continued to receive substantial Foreign Direct Investment (FDI) in the construction sector in 2021, despite the economic slowdown in the wake of the COVID-19.

The Vietnam Green Building Week 2022, slated for October 13 - 14, is set to promote dialogue and multidimensional cooperation to facilitate green practices in the construction sector.

Up to 85% of firms have an optimistic outlook for the business environment in Q4, whereas 15% are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).

Up to 85% of enterprises in the processing-manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, while only 15% predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).

President Nguyen Xuan Phuc has asked the Vietnam Federation of Civil Engineering Association (VFCEA) to improve the quality of consulting, assessment and social criticism in the construction sector.

In 2021, despite being affected by the COVID-19 epidemic, all three areas of agro-forestry and fisheries, industry and construction, and services posted higher growth rates compared to 2020.

Singapore's economy will grow by 4 percent next year, likely be driven by improvements in the construction sector as well as manufacturing and finance, according to a survey of professional forecasters.

Climate change’s impacts, which are forecast to make the Mekong Delta lower than the sea level by about one metre in the next decade, are the greatest challenge facing the region, threatening all socio-economic sectors, including construction.

The Singaporean economy grew 0.2 percent in the first quarter of this year, a positive signal compared to a 2.4 percent contraction in the fourth quarter of 2020.

One of the country’s key traffic projects, the Hai Van Tunnel 2 completed after 45 months of construction. The project is considered a highlight for Vietnam’s construction sector as it is the longest road tunnel in Southeast Asia and was built completely by domestic workers and engineers.

China’s direct investment in Cambodia reached 860 million USD in the first 11 months of last year, up 70 percent year-on-year, the Phnom Penh Post cited data from the Chinese Embassy in Phnom Penh as saying on January 5.

Prime Minister Nguyen Xuan Phuc has urged the construction sector to pay more attention to housing demand of residents.

The Vietbuild Hanoi International Exhibition 2020 opened in the capital on November 25, showcasing a series of new products, technologies, and services from the construction sector.

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.

Cambodia attracted a total of 3.84 billion USD worth of construction investment in the first half of 2020, up 13 percent from the 3.39 billion USD recorded in the same period last year.

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.

The Hoa Binh Construction Group (HBG) has been named in the list of top 10 prestigious construction and building materials companies selected by the Vietnam Report JSC.

More measures and policies should be introduced to support enterprises, especially small and medium-sized enterprises (SMEs), in the context of a growing number of businesses temporarily ceasing operations due to the COVID-19 pandemic, economists have said.

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.