ministry of construction

Update news ministry of construction

Ministry of Construction updates progress on North–South high-speed railway

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.

Vietnam's Phu Quoc airport gets new operator

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.

Circular on domestic maritime transport permits for foreign vessels issued

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.

Vietnam moves to restructure shipbuilding giant SBIC amid broader reform push

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).

VN housing affordability crisis deepens as prices surge past citizens’ reach

The Ministry of Construction warns of structural issues and speculative behavior inflating real estate costs.

Vietnam considers special policies for $67B North–South high-speed railway

Vietnam’s parliament is reviewing a proposal to introduce special mechanisms to accelerate the $67B high-speed rail project.

Vietnam weighs criminal charges for serious land and construction violations

The Ministry of Construction revealed it is currently drafting a new decree to replace Decree 16/2022, focusing on administrative sanctions for construction violations.

Hanoi to host Green Building & Transportation Week

The Vietnam Green Building and Transportation Week 2025 will open in Hanoi on October 29 with the theme “Innovation in sustainable construction: Promoting green building and green transport development”.

Hanoi’s social housing hits record prices, ministry orders investigation

As social housing prices in Hanoi soar to nearly USD 1,200 per square meter, the Ministry of Construction demands an official review.

Cooling Vietnam’s real estate bubble: Can new policies control prices?

Vietnam's housing prices are soaring. A draft resolution proposes structural reforms to regulate the market and reduce speculation-driven inflation.

Construction ministry to tighten lending for second and subsequent homes

The Ministry of Construction (MOC) has proposed applying home buyer loan limits of no more than 50 percent of housing value for second homes, and no more than 30 percent for third or more homes in an aim to control real estate prices.

Ministry to announce unprecedented changes regarding real estate market

The Ministry of Construction (MOC) is finalizing and upgrading the housing and real estate market information system to ensure that 100 percent of the data is "accurate, complete, clean, and live”.

Ministry of Construction responds to proposal to reduce airfares

The Ministry of Construction has also directed the Civil Aviation Authority of Vietnam to deploy solutions aimed at supplementing and balancing the capacity of Vietnamese airlines' domestic and international routes.

Vietnam minister: No railway project will be sold to foreign investors

The Minister of Construction has firmly asserted that private investors participating in railway development projects will never be allowed to sell such projects to foreign parties.

Ministry of Construction to streamline permit procedures for approved projects

The Ministry of Construction is moving to reduce administrative procedures for projects with approved 1/500 detailed planning, as part of a push to cut red tape and boost efficiency in the construction sector.

Financial struggles deepen for Vicem: Minister calls for immediate reform

After reporting losses exceeding $42 million over two years, Minister of Construction Tran Hong Minh urges Vicem to overhaul its business strategy for 2025.