Safeguards crucial to protect local construction groups

Safeguards crucial to protect local construction groups

Numerous building firms are in crisis, and there is a risk of insolvency. President of the Vietnam Association of Construction Contractors (VACC), Nguyen Quoc Hiep, spoke with VIR’s Van Nguyen about this dangers of halted production and business in this area.
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).