The HCM City real estate market has seen green shoots of recovery and the prospects of new supply amid easier legal procedures and lower bank lending interest rates, according to the Department of Construction.

A surge in demand for construction materials is putting pressure on major infrastructure projects across HCM City.

HCM City is accelerating transport infrastructure development to boost regional connectivity following its recent administrative merger with the former provinces of Bình Dương and Bà Rịa-Vũng Tàu.

Authorities in HCM City have approved a new expressway connecting the city to Tây Ninh Province, with a total investment of more than VNĐ10 trillion (US$383 million).

Việt Nam’s Ministry of Construction has proposed the creation of a National Housing Fund, with initial capital of VNĐ5-10 trillion (US$200-400 million), aimed at boosting social housing supply for low-income groups.

The Ministry of Construction has issued Decision No. 1019/QD-BXD approving a detailed master plan for the development of land and water areas of Hue seaport for the 2021–2030 period, with a vision to 2050. The plan aims to transform Hue seaport into a key hub for international trade, logistics services, and tourism.

Dong Nai is currently mobilising all available resources to prepare for the launch of key projects, aiming to showcase concrete outcomes in time for upcomingnational celebrations. Beyond their technical value, these projects represent an important benchmark in the province’s goal of double-digit economic growth.

Hà Nội authorities have set a target of eradicating inner-city air pollution by 2035, with low-emission zones planned as part of the effort to achieve this goal.

As of July 19, a total of 266,511 makeshift and dilapidated houses across Việt Nam have been eliminated with support from the government, according to the Ministry of Ethnic and Religious Affairs.

Installing rooftop solar power systems under a self-production, self-consumption model brings direct benefits to residents and businesses by reducing their monthly electricity bills, thereby ensuring safety for the national power system. Additionally, businesses can enhance their value by projecting the image of being green, environmentally friendly.