Gloomy building material market
The building material market was fairly gloomy in the first weeks of the year, with building material stores and construction contractors suffering firsthand because there have not been many new projects.
HCMC youth wholeheartedly participating in voluntary campaigns
Leaving the fun behind, many young people in Ho Chi Minh City are joining in voluntary programs to remote areas. With their enthusiasm, youth, and knowledge, they are helping to transforming poor areas into places worth living.
Constant re-planning of transport projects in Vietnam
Almost all transportation projects of bridges and roads are rarely ever completed the first time round in Vietnam.
Many projects in Central Highlands still suspended, behind schedule
The provinces of Central Highlands so far have received investments in hundreds of projects for socio-economic development. Sadly, many of them are still behind schedule or not even launched yet, wreaking havoc on residents’ life.
Green building materials flourish
Recently, the number of projects built with environmentally friendly building materials has been increasing because of their convenience and cost savings.
HCMC's Northwest Urban Area waits for more investment to wake up
The Northwest Urban Area can be called the remaining golden land with a large area of Ho Chi Minh City. With its special geographical location and geology, when being properly invested, this place will one day become one of the key dynamic development areas of the city.
HCMC resumes over 65 construction projects
Deputy Director of Ho Chi Minh City Department of Transport Phan Cong Bang said that the agency approved the resumption of 65 construction projects, which meet the safety plans of the Covid-19 pandemic prevention and control.
Steel prices cool down
After sharp increases to above VND19,000 per kilogram, causing difficulties for construction projects, steel prices have gradually cooled down to around VND17,000 per kilogram in recent days, depending on brands and products.
Ministries seeks solutions to stabilize steel prices
Construction material prices, especially steel prices, have continuously escalated with an increase of about 40 percent in the domestic market. It has caused negative impacts on construction activities, house prices, and other construction works. In the past 10 days, large domestic steel manufacturers have continued to increase their selling prices of steel products from VND300 to more than VND500 per kilogram. Ministries of Construction, Industry and Trade, and Finance are seeking solutions to solve this situation.
Government inspectorate propose to reclaim long delayed projects in HCMC
After finishing their inspection over land use, urbanization planning adjustment and construction investment in Ho Chi Minh City, the Government Inspectorate petitioned the Prime Minister to take back property projects whose land has been allocated but implementation has been delayed for a long time.
HCMC proposes construction projects of five high-speed railways
HCMC has been building a project to propose construction of five new high-speed railways to meet the growing demand in transporting goods.
HCMC beefs up public investment disbursement
Director of the HCMC Department of Planning and Investment Le Thi Huynh Mai said that Ho Chi Minh City has allocated VND41,691 billion (US$1.7 billion) for public investmen to beef up public construction projects.
Tens of construction projects encroach Saigon River
The Saigon River plays an extremely significant role to HCMC, supplying fresh water, being an important waterway traffic route with many seaports and beautifying the city. Still, many sections alongside the river have been reclaimed and encroached with lot of houses and tens of construction projects.