The Government is drafting a national strategy for the materials industry through 2030, seeking to shift the country''s competitive advantage from abundant natural resources to technological capability and high-value manufacturing.
Head of the Vietnam Trade Office in Australia Trần Thị Thanh Mỹ said the Việt Nam–Australia Comprehensive Strategic Partnership is widening the lane for economic, trade, and investment ties.
The country has surpassed its national target for green buildings, with more than 828 certified projects covering a combined floor area of around 20.8 million square metres, ranking eighth among 180 countries and territories in the number of certified green...
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).
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.