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Update news ministry of construction
Vietnam's revised road network plan through 2050 calls for a nationwide expressway system of 46 routes totaling about 10,106 km, including five newly added routes.
Vietnam has adjusted its national railway network plan to add several new interregional and international routes, including lines connecting the country with China, Laos and Cambodia.
Vietnam's Ministry of Construction has removed a controversial proposal to introduce time-limited ownership of apartment units from the latest draft of the revised Housing Law submitted to the government.
Vietnam's Ministry of Construction has proposed ending apartment ownership when residential buildings reach the end of their service life or must be demolished, prompting objections from the Ho Chi Minh City Real Estate Association.
The Ministry of Construction said at a July 7 conference that it is stepping up efforts to expand social and rental housing in the second half of this year to improve housing affordability and support a more stable property market.
Vietnam's revised Construction Law takes effect on July 1, exempting more projects from building permits and reducing approval times to a maximum of seven days.
Several sections of Vietnam's flagship railway project are under construction, but unresolved site clearance issues continue to delay broader implementation.
Vietnam is preparing a new wave of incentives aimed at accelerating the development of long-term rental housing, as policymakers seek to address affordability challenges and rebalance the housing market.
The Government is set to make rental housing a strategic pillar of its housing market as the Government shifts from an ownership-focused approach toward a model centred on housing access and use, according to Minister of Construction Tran Hong Minh.
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.