The 2024 Land Law has abolished the long-standing land price framework and requires local authorities to issue annual land price tables that more closely reflect market values.
Several steel companies have announced price cuts for construction steel products, marking the first downward adjustments this year and offering some relief to contractors facing rising project costs.
Việt Nam''s most outstanding developers, architecture firms and contractors were honoured at the Hubexo Asia Awards 2026 in HCM City last week for their contributions to shaping the country''s built environment through innovation, sustainability and project excellence.
The Ministry of Construction has proposed sweeping reforms to streamline administrative procedures in the construction sector with the principle that each construction project should undergo only one administrative procedure before breaking ground.
There are currently 44 projects under the supervision and direction of the Steering Committee for key projects, with a total investment capital of approximately VNĐ569 trillion (US$21.63 billion).
Jet fuel supply is expected to meet demand through the end of April and the upcoming Reunification Day (April 30) and International Workers'' Day (May 1) holiday peak, authorities confirmed.
Fuel prices, particularly for diesel, jumped significantly in March, pushing up prices across a range of construction materials due to higher production and transportation expenses.
As Việt Nam undergoes one of the fastest urbanisation cycles in Asia, the demand for sustainable infrastructure, resilient urban planning, and green construction solutions continues to grow rapidly, experts said at the Build to Last 2026 conference held in HCM City on Tuesday.
The VACC has urged the Government to introduce support measures, warning that volatility in fuel and material prices is directly affecting contractors, particularly those involved in transport infrastructure projects that consume large volumes of fuel and bulk materials.
The timely and coordinated actions taken by regulatory authorities and the business community will not only help ease cost pressures but also ensure smooth maritime transport, and stabilise the supply of goods and energy for the economy.