Construction material hikes put pressure on property prices

Construction material hikes put pressure on property prices

Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors (VACC).
Soaring steel prices hinder projects

Soaring steel prices hinder projects

A spiralling hike in steel prices is continuing to dent public investment efforts in Vietnam, in the context of an expansion in imports.
MoIT denies proposing price stabilisation fund for steel

MoIT denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
Steel prices surge

Steel prices surge

Steel prices rebounded globally and Vietnamese steel exports also saw positive growth last month.
Construction steel sales projected to recover in year-end months

Construction steel sales projected to recover in year-end months

Construction steel sales are predicted to recover in the remaining months of 2020 after a fall in the January-August period due to impacts from the COVID-19 pandemic, according to the Vietnam Steel Association (VSA).