The Hai Phong government held a ceremony on March 11 to kick off construction of the Tan Vu-Hung Dao-Bui Vien section of its second ring road to enhance the port city’s road capacity.

On March 9, Deputy Prime Minister Nguyen Chi Dung and members of the Government's Working Group No.2 inspected the construction progress of the North-South Expressway component projects, Bai Vot -Ham Nghi, Ham Nghi-Vung Ang, and Vung Ang-Bung.

In the last three months HCM City has issued land use rights and property ownership certificates (pink books) for tens of thousands of apartments, its Department of Natural Resources and Environment said.

2025 will serve as a crucial foundation year for the real estate sector in HCM City, marking the path towards a full recovery by 2026 after facing challenges caused by COVID-19 and economic recession, expert predicted.

The scarcity of affordable housing is a factor that pushes prices up, according to an economist.

Việt Nam’s housing market is facing pressure with soaring prices, making HCM City and Hà Nội, the country’s two business and financial hubs, among Asia’s least affordable cities for homebuyers, according to a report by property consultancy CBRE.

Deputy Prime Minister Trần Hồng Hà stressed that proven and essential practical issues should be incorporated into the draft Law on Urban Development Management, while also providing directional regulations for new and evolving content to unlock resources and drive growth.

Bình Định Province will build a road connecting the North – South Expressway to its upcoming Phù Mỹ Industrial Park and Phù Mỹ Port.

PM Phạm Minh Chính highlighted the urgent need for an additional dual-use airport in the Red River Delta, a key economic engine of northern Việt Nam with Hà Nội at its centre.

The Hà Nội People’s Committee has submitted a proposal to the municipal People’s Council for approval of investment plans and adjustments to several public investment projects, including the three bridges.