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HCM City authorities are accelerating work on four major social housing developments as they struggle to meet a national target of delivering 100,000 affordable homes by the end of 2030.
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The Ministry of Construction has proposed upgrading more than a dozen four-lane sections of the eastern North–South Expressway to six lanes, with a preliminary total investment of more than VNĐ152 trillion (around US$6 billion), to meet growing transport demand and improve road safety.
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Individuals who already own a home but live far from their workplace may now be considered for social housing benefits in HCM City, provided they belong to the eligible groups.
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The southern province of Tây Ninh is placing transport connectivity at the heart of its development agenda, with a strong focus on building new roads and upgrading existing ones to link more directly with HCM City, its closest major urban and economic hub.
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Hưng Yên Province is expediting the implementation of commercial and social housing projects to meet the growing accommodation demand for workers and low-income earners.
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Hoàn Kiếm Ward’s People’s Committee held a conference on Tuesday to unveil plans for land clearance and to clarify State regulations on compensation, support and resettlement related to the construction of a new square and park east of Hoàn Kiếm Lake.
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Local infrastructure developer, Đèo Cả Group has proposed a plan on the development of key urban railway traffic systems connecting Đà Nẵng and Hội An with Public-Private Partnership investment, and the route would complete in 2030.
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As Việt Nam’s economic and financial hub, HCM City is seeking strategies to optimise the functions of both Tân Sơn Nhất and Long Thành international airports in order to reinforce its role as the nation’s aviation gateway and a regional transit centre.
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The Ministry of Construction is pushing to raise the income cap for individuals eligible to buy homes in social housing projects from VNĐ15 million to VNĐ20 million, potentially widening the door for more low-income earners to become homeowners.
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According to the latest statistics from the United Nations Environment Programme (UNEP), the construction sector accounts for nearly 40% of global CO2 emissions, with building materials making up a significant share. This poses an urgent demand for major cities to replace traditional construction materials with green alternatives.