As the Government accelerates public investment to support economic growth, experts said ensuring stable material supply and transparent pricing will be key to keeping major infrastructure projects on schedule and maximising the efficiency of public spending.
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.
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 latest machinery, technologies, feedstock, and solutions for the textile and garment and footwear industries are on display at four annual expos that opened in HCM City on Wednesday.
As climate change worsens, the global construction industry is turning to green materials, and Việt Nam is well-placed to follow with its rich resources.
In the cost structure of the construction industry, where input materials always account for the largest proportion, any fluctuations in input prices can quickly erode profit margins.
Tetra Pak, a leading food processing and packaging solutions company, inaugurated its second aseptic carton packaging material production line at its facility in Bình Dương, located at VSIP II-A Industrial Park in Tây Uyên Ward, HCM City.
Prime Minister Phạm Minh Chính has issued an urgent directive No. 85/CĐ-TTg dated June 10 in response to the sharp and abnormal surge in construction material prices, which is threatening the progress of key national infrastructure projects.
In his speech at the groundbreaking ceremony, chairman of the Huế City People''s Committee, Nguyễn Văn Phương, said these two key projects are expected to drive significant progress in the city''s manufacturing industry, contributing to the goal of achieving double-digit economic growth...