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 Ministry of Transport has criticised the representative of the investor – My Thuan Project’s Management Board – for causing planned repairs and upgrades at Tan Son Nhat International Airport to fall behind schedule.
Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer.
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 Directorate for Roads of Vietnam (DRVN) is planning to launch a campaign to put an end to heavy trucks that had been modified to carry excess loads.
PV Power, an subordinate company of the Vietnam Oil and Gas Group (PetroVietnam), reported positive business results in the first five months of this year despite difficulties the company faced in generating power.
The Vietnamese Government prioritises capable and prestigious contractors for the state’s transport projects, Deputy Prime Minister Trinh Dinh Dung said at the National Assembly’s Q&A session on June 5.
The Party and Government of Vietnam pay special attention to addressing issues arising in the partnership with Japan, Deputy Prime Minister Vuong Dinh Hue has said.
Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has asked the Prime Minister for permission to borrow 2.15 trillion (92.9 million USD) from the central government to pay contractors who are building Metro Line No 1.
To improve openness and transparency, the Ministry of Planning and Investment (MPI) has asked contractors to make their bids accessible to the public on the National Procurement Network (NPN).
When Pham Sy Liem, former deputy minister of construction, recommended that the Government hire private construction inspection services, he met with mixed opinions from experts.
A new circular issued by the Ministry of Agriculture and Rural Development has postponed the opening of modern slaughterhouses and delayed the closing of old facilities.
The Vietnam Association of Construction Contractors (VACC) and the Overseas Construction Association of Japan, Inc. (OCAJI) have sealed a Memorandum of Understanding (MoU) on bilateral cooperation.
Sectors, investors and contractors must speed up the progress of projects in Hanoi this year, said the municipal People's Committee Deputy Chairman Nguyen Quoc Hung.
The Vietnam Expressway Corporation (VEC) has pledged to speed up the implementation of the expressway linking central Da Nang city with Quang Ngai province.
Seven contractors from the US, Japan and the Europe wish to join the Long Thanh International Airport project as the Feasibility Study (F/S) contractor.
Contractors successfully installed the rotor of the first turbine at the Lai Chau hydroelectric plant on October 14, the Electricity of Vietnam said the same day.
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