The Asian Infrastructure Investment Bank (AIIB) will continue supporting Việt Nam in implementing green infrastructure projects towards the core goals of sustainability, innovation and connectivity.

Localities have been urged to ready themselves for any incoming storms, checking out drainage systems for obstructions and clearing water channels to reduce the possibility of urban flooding.

Chairing a meeting on the establishment of a carbon market in Việt Nam, Hà said that the establishment is difficult and complex, with many developments and changes, requiring a unified commitment to global-scale implementation.

Reviewing work over the first six months this year, Đậu Minh Thanh, Chief of the Ministry of Construction Office, said the building of social housing projects is still far off from the target set by the Government of 130,000 homes completed by the end of the year.

The North-South High-Speed Rail project, which spans over 1,500 km, is expected to be implemented in 2026-2027.

Bình Phước Province aims to wrap up its programme of eliminating temporary and dilapidated dwellings and replace them with concrete houses for poor people next year.

The suburban Hoà Vang district is offering a total of 775 hectares, for six key projects, which will include a wholesale market, a logistics centre and three hi-tech farming areas.

Vinhomes Ocean Park 2 and 3 have been officially approved by Hưng Yên province to sell properties to foreign buyers.

If this proposal is accepted by HCM City, it will increase the supply of social housing on the market and reduce the cost of social housing due to compensation and site clearance.

Bình Dương will invest in over 160,000 homes, with over 32,000 up for rental.