Deputy Prime Minister Vu Van Ninh said the real estate market has been successfully restructured and more subsidised housing made available to the poor.
Hanoi (VNA)💫 – Deputy Prime Minister Vu Van Ninh said the real estate market has been successfully restructured and more subsidised housing made available to the poor.
During a conference to launch the Ministry of Construction’s 2016 tasks in Hanoi on January 15, the Deputy PM also hailed the sector for its effective management of construction projects using the State budget and a new mindset for planning and urban management.
As 2016 is the first year for the five-year plan, he asked the ministry to continue improving the quality of planning and adopt a long-term vision for up to 50 years or even a century.
Minister of Construction Trinh Dinh Dung praised localities for making positive changes in planning that ensure harmonious and sustainable urban development.
From 2011 to 2015, the ministry submitted a total of 44 construction and 18 infrastructure master plans to the Prime Minister for approval. Sixty of 63 localities devised construction plans at the provincial level.
Last year, the sector classified and recognised 19 urban areas.
The northern province of Quang Ninh urged the ministry and relevant agencies to promptly complete planning for a coastal corridor linking with the northern city of Hai Phong in order to tap local and regional economic strengths.
Meanwhile, the Central Highlands province of Lam Dong expected more support from the ministry to launch a green urban village model in Da Lat, starting from the design to appraisal.
According to the minister, the sector is mostly concerned about refining mechanisms and designing the Law on Planning while improving State management on construction and accelerating administrative reform this year.-VNA
Strong recovery was seen in the Ho Chi Minh City housing market in 2015, particularly in the mid- and hi-end segments, according to an expert from CBRE Vietnam.
The Ministry of Construction (MoC) has set the target of raising average living space per person to 22.6 square metres this year, an increase of 0.6 square metres against the figure of 2014.
Greater efforts at a national level are needed to create a new wave of investments in Vietnam, Vuong Dinh Hue, Head of the Party Central Committee's Economic Commission, said.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA)
