many foreigners continue to buying property in vietnam

Many foreigners continue to buying property in Vietnam

According to a report compiled by the Ministry of Construction, a total of 3,197 foreign individuals and 236 foreign entities, have purchased and obtained ownership of residential properties across Vietnam, and the issuing authority continues to grant certification to permitted foreign entities and individuals.
localities pinning hopes on pdp8 to help beat the heat

Localities pinning hopes on PDP8 to help beat the heat

With clear evidence that Vietnam’s electricity structure is creaking under the current heat and grid overload, the Power Development Plan VIII contains the acute task of successfully implementing an equitable energy transition in association with smart grid construction and advanced power system management in line with a greener outlook.
construction and real estate grapple with insolvency

Construction and real estate grapple with insolvency

Although numerous plans have been issued in an attempt to revitalise the real estate market and various related construction schemes, policy complexities persist.
four mega highway projects to kick off

Four mega highway projects to kick off

The construction of inter-regional highway projects and Ho Chi Minh City’s Ring Road No.3 will start in mid-June, according to the prime minister's plan.
thailands thg joins forces with iff holdings and mithmitree clinic to build wellness clinic

Thailand's THG joins forces with IFF Holdings and Mithmitree Clinic to build wellness clinic

Thailand-headquartered Thonburi Healthcare Group (THG) forged a strategic alliance on June 9 with Vietnam-based property developer IFF Holdings and Mithmitree Clinic to embark on the construction of a state-of-the-art wellness clinic in Vietnam.
consider easing restrictions on foreign ownership of construction projects vcci

Consider easing restrictions on foreign ownership of construction projects: VCCI

To assist the growth of the real estate market, the Vietnam Chamber of Commerce and Industry (VCCI) has proposed allowing foreign individuals and organisations to acquire construction sites.
deputy pm urges early handover of clean land for long thanh airports sub projects

Deputy PM urges early handover of clean land for Long Thanh airport’s sub-projects

Deputy Prime Minister Tran Hong Ha has requested the Airports Corporation of Vietnam (ACV) to closely coordinate with the People’s Committee of the southern province of Dong Nai to accelerate ground clearance work and early hand over clean land for construction of sub-projects of Long Thanh international airport.
304 per cent of real estate companies left market in first five months

30.4 per cent of real estate companies left market in first five months

30.4 per cent of real estate companies, or a total of 554, were dissolved in the first five months of 2023. Along with this, the number of newly registered property firms decreased by 61.4 per cent on-year.
fast ground clearance enables belt road no3 project to start on june 18

Fast ground clearance enables Belt Road No.3 project to start on June 18

Ho Chi Minh City has handed over more than 81 per cent of the land needed for the section crossing the city of Belt Road No.3 project, enabling its construction to be launched on June 18 in Long Binh ward of Thu Duc city, according to HCM City’s Management Board of Traffic Works Construction and Investment.
cb on verge of mandatory transfer to vietcombank

CB on verge of mandatory transfer to Vietcombank

Construction Bank (CB) is reaping rewards as it embarks on its ninth year of restructuring, poised to undergo a compulsory transition into becoming a subsidiary of Vietcombank.
deputy pm requests moc to amend fire prevention regulations

Deputy PM requests MoC to amend fire prevention regulations

Deputy Prime Minister Tran Hong Ha has tasked the Ministry of Construction (MoC) with studying, reviewing, and amending the criteria on fire safety for buildings and constructions to correspond with the recent technological advances without wasting social capital.
ministry of construction request review of fire prevention

Ministry of Construction request review of fire prevention

After receiving numerous opinions on the amendment of fire safety regulations, the Ministry of Construction recently requested a review and revision of the national technical standards for fire safety in buildings and construction projects.
coteccons signs mou with microsoft vietnam

Coteccons signs MoU with Microsoft Vietnam

On May 30, Coteccons – one of the top construction companies in Vietnam – signed a three-year MoU with Microsoft Vietnam for the 2023-2025 period to leverage the power of AI and cloud technology to promote innovation in the construction industry.
phase 2 completes as main sections of vinh tuy bridge 2 joined

Phase 2 completes as main sections of Vinh Tuy Bridge 2 joined

The main segments of the second-phase construction of Vinh Tuy bridge spanning Hong (Red) River (Vinh Tuy Bridge 2) in Hanoi was connected on May 30.
hanoi ready for official construction of ring road no4

Hanoi ready for official construction of Ring Road No.4

Hanoi is urgently speeding up the progress of sub-projects of the Ring Road 4 - Hanoi Capital Region project so that it can start the official construction of the important road in June, according to the Hanoi Management Board for Traffic Infrastructure Investment and Construction Projects.