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Update news ministry of construction
The real estate market is entering a period of volatility, posing numerous challenges for the new Minister of Construction.
The Ministry of Construction is eyeing new mechanisms to promote affordable commercial housing as apartment prices have skyrocketed in major cities.
Minister of Construction Tran Hong Minh and the Republic of Korea (RoK)’s Minister of Land, Infrastructure and Transport Kim Yun-duk held talks on April 21 in Hanoi.
Minister of Construction Tran Hong Minh said Hanoi is expected to develop 18 urban railway lines, while Ho Chi Minh City plans 12, requiring approximately VND743.907 trillion (US$29.4 billion) to build a total of 2,224km.
Rising prices and a lack of affordable homes are exposing deeper flaws in the market, placing pressure on policymakers in the new term.
Motorbikes less than five years old may soon be exempt from direct emissions testing, under a draft regulation that introduces an age-based approach to vehicle inspection in Vietnam.
Vietnam’s aviation sector has secured sufficient jet fuel for the April 30 peak, while proposals to raise domestic airfare caps remain under review.
Vietnam’s Ministry of Construction says that improving housing supply will help stabilize the overall market, limit unreasonable price increases, and create more favorable conditions for genuine homebuyers.
The Construction Ministry will conduct direct supervision of four major state-owned enterprises in 2026, focusing on the management and use of state capital, business performance and the preservation and development of public assets.
As Vietnam closes 2025 with 3,000km of expressways, a new era of rail, airport and seaport megaprojects is taking shape for the next phase of growth.
Vietnam Register will begin issuing electronic inspection certificates for cars from March 1, incorporating QR codes and emissions ratings. The move is intended to curb forgery and reduce administrative costs.
The Ministry of Construction is racing to implement unique digital identifiers for properties to enhance market transparency and manage supply.
To support green transportation, Vietnam may soon require new condos to include EV parking and charging areas.
The Ministry of Construction has provided updates on land clearance and related activities for the North–South high-speed railway project, following Vingroup’s recent withdrawal from involvement.
The Ministry of Construction has issued a decision to transfer the operational rights of Phu Quoc International Airport from the Airports Corporation of Vietnam (ACV) to Sun Airport Corporation, effective January 1, 2026.
The Ministry of Construction has issued a circular outlining the authority & procedures for granting domestic maritime transport permits to foreign vessels. The regulation applies to both Vietnamese and foreign entities involved in such operations.
The Ministry of Construction has filed for bankruptcy procedures against 41 enterprises across 12 provinces and cities, including the parent company of the Shipbuilding Industry Corporation (SBIC).
The Ministry of Construction warns of structural issues and speculative behavior inflating real estate costs.
Vietnam’s parliament is reviewing a proposal to introduce special mechanisms to accelerate the $67B high-speed rail project.
The Ministry of Construction revealed it is currently drafting a new decree to replace Decree 16/2022, focusing on administrative sanctions for construction violations.