The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.
Indonesia’s construction industry will expand by 5.2% in 2024, according to a report by Research and Markets - the world's largest market research store.
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.
The Vietnam Green Building Week 2023, which highlights the construction industry’s green transition, will be held in various locations across the country, with its key activities scheduled for September 27 and 28 in Ho Chi Minh City.
Coteccons, one of the top construction companies in Vietnam, has signed a three-year memorandum of understanding with Microsoft Vietnam to accelerate its innovation and value chain in the construction industry by leveraging the power of artificial intelligence and cloud technology.
Despite being affected by general difficulties, the growth rate of the construction industry achieved about 8-8.5% this year, contributing to bringing the economy's overall growth rate surpassing the 6-6.5% plan set by the Government.
Lower steel prices and public investment disbursement are expected to provide growth momentum for the construction industry over the second half of 2022.
The COVID-19 pandemic continues to leave a lasting impact on the construction industry in Malaysia, which suffered big losses during the initial phase of the Movement Control Order (MCO), the New Straits Times reported.
Ho Chi Minh City recorded high economic growth in the first six months of 2018 thanks to right-track economic restructuring and better business environment.
Vietnam’s Ministry of Construction and the UK's Foreign and Commonwealth Office on July 5 signed a memorandum of understanding (MoU) on cooperation in applying a building information model (BIM) in Vietnam’s construction industry.
The Electricity of Vietnam (EVN) Group’s Northern Power Corporation (EVNNPC) has reported that its commercial power output in the first quarter of 2018 picked up 14.06 percent year-on-year to more than 13.8 billion kWh.
With demand for sand for construction rising even as prices are skyrocketing, Deputy Prime Minister Trinh Dinh Dung has recommended the use of other materials in construction in place of natural sand.