Construction Activities
 

 Next year is likely to be a fiercely competitive one for real-estate companies in Ho Chi Minh City since scores of new projects are set to hit the market, analysts said.

 

 It is necessary to continue assessing public satisfaction with outcomes of new-style rural area building seriously in order to promote responsibility and role of the Vietnam Fatherland Front in the work, heard a seminar in Hanoi on December 28.

 

 The country’s cement sector saw a successful year in 2017 as its sales reached 80 million, up 6% from last year.

 

 Strong economic growth, rapid urbanization and huge demand for housing are expected to create favourable conditions for the property and construction sectors to thrive in the time to come.

 

 The HCM City Real Estate Association has proposed the State Bank of Vietnam raise a stimulus package similar to its previous 30 trillion VND (1.3 billion USD) preferential home loan package.

 

 The PM has approved the adjustments to the Ho Chi Minh City Region Construction Master Plan till 2030, with a vision to 2050.

 

 The Prime Minister has recently approved the adjustment of the construction plan for Ho Chi Minh City region until 2030, vision to 2050, with the goal of developing the HCM City region into a large city region of vibrant and sustainable development and important status in Southeast Asia.

 

Construction began on a series of important power transmission projects worth a total investment of VND1.3 trillion in various provinces, on December 25.

 

When Pham Sy Liem, former deputy minister of construction, recommended that the Government hire private construction inspection services, he met with mixed opinions from experts.

 

Ho Chi Minh City is becoming very popular with property developers thanks to the many infrastructure works planned for the area.

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