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

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

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.

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”.

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.

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.

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.

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