vietnams construction market forecast to lure more foreign investors

Vietnam’s construction market forecast to lure more foreign investors

More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.
construction of phan thiet dau giay to kick off in late september

Construction of Phan Thiet-Dau Giay to kick off in late September

At a meeting with Dong Nai province on land clearance, Thang Long Project Management Board – the investor of Phan Thiet-Dau Giay Expressway – announced that construction works will begin in September.
law change offers construction clarity

Law change offers construction clarity

The National Assembly has passed amendments to the Law on Construction, which will take effect from January 2021. Frederick Burke, managing partner of Baker McKenzie and Nguyen Thanh Hai, special counsel outline the practical changes that address unclear points under the current legislation, and reflect on government efforts to clarify and simplify licensing procedures for construction operations.
priorities refocused for north south expressway

Priorities refocused for North-South Expressway

The sluggish construction of the North-South Expressway will be accelerated as a priority in the country’s medium-term public investment transport planning for the 2021-2025 period.
foreign access urged for holiday property

Foreign access urged for holiday property

The Ministry of Construction has sent a proposal to the government to permit non-national individuals and organisations to purchase holiday property in Vietnam.
ministry of construction eyes building low cost housing

Ministry of Construction eyes building low-cost housing

The Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year.
scg latest operating results highlight agility and strategies to overcome covid 19

SCG latest operating results highlight agility and strategies to overcome COVID-19

SCG, a leading conglomerate in the ASEAN region, has amped up business strategies to triumph in the dragged out COVID-19 battle with agility and solid business continuity management.
hanoi proposes pm to speed up apprisal of 175 billion metro line no3

Hanoi proposes PM to speed up apprisal of $1.75 billion Metro Line No.3

Hanoi People’s Committee has requested the prime minister's approval to appraise the pre-feasibility report of the $1.73 billion Metro Line No.3 (Hanoi Railway Station – Hoang Mai station). The construction is expected to start by 2021 and start operation in 2028.
outlining the preferential mechanisms for new ppp projects

Outlining the preferential mechanisms for new PPP projects

Public-private investment projects play a significant role in developing infrastructure and have the potential to accelerate large-scale construction works across the country. Managing partner of Indochine Counsel Duc Dang and Steven Jacon, foreign consultant of Indochine Counsel go into the ins and outs of the laws governing the the bidding and funding of such projects.
small apartments command market attention

Small apartments command market attention

A new regulation permitting the construction of small apartment units in commercial projects has sparked controversy among developers and policymakers when it came into effect on July 1.
construction of over 52 trillion vnd wind farms begins in bac lieu

Construction of over 5.2-trillion-VND wind farms begins in Bac Lieu

The construction of two wind farms with a combined capacity of 100 MW began in Hoa Binh district of the Mekong Delta province of Bac Lieu on July 26.
local groups forced to figure out expressway finances

Local groups forced to figure out expressway finances

Driven by favours and other advantages, domestic construction giants like Cienco4, Hoa Binh Construction Group, Licogi 16, and Vinaconex Corporation have a high possibility of joining five sections of the North-South Expressway via the public-private partnership model. However, their real capacity and the current process of the key national project remains a concern.
sustainable buildings fit for tomorrow

Sustainable buildings fit for tomorrow

Which hurdles face the construction of buildings that ensure comfort, healthiness, enrichment of local culture, and environmental friendliness? Ton Nu Thanh Mai and Nguyen Hong Nhung from the Vietnam Energy Efficiency Network (EEN-Vietnam) discuss if the construction market in the new normal can accept current supply chain and operations quality.
towards greener healthier urban lives

Towards greener, healthier urban lives

Green buildings and energy-efficient realty projects have received much global attention in past years and the latest moves from the government show that Vietnam is refusing to be left behind. Vu Ngoc Anh, director of the Science-Technology and Environment Department under the Ministry of Construction (MoC), talked with VIR’s Mai Hanh the country’s attempts to develop green properties.
green vietnam fund builds bridges to facilitate rural travel

Green Vietnam Fund builds bridges to facilitate rural travel

Green Vietnam Fund and Rural Bridge Progamme on July 15 kicked off the construction of nine bridges in Tan Hung district of the Mekong Delta province of Long An to support travelling of local residents.