Minister Thắng took the occasion to thank the French agency for providing capital for Việt Nam’s railway infrastructure development.

If the housing supply is not improved, the imposition of high taxes or tightening bank credit for owners of more than one real estate property will not help stop real estate speculation. On the contrary, experts warn that it will cause housing prices to continue to rise.

The hotel market is experiencing impressive growth with significant Revenue Per Available Room improvements, according to hospitality advisory and investment Savills Hotels.

The projects have been put into operation in time for the capital city’s 70th anniversary of the Liberation Day.

Construction of the Ba Lai 8 Bridge, the first sub-project of an inter-provincial coastal road project connecting the Cửu Long (Mekong) Delta province of Bến Tre with the two neighbouring provinces of Tiền Giang and Trà Vinh, began in Bến Tre on Wednesday (October 2).

Many parts of the capital city are building advanced new-style rural areas.

He called on the local authorities and community to spread the spirit of a collective effort, effectively manage resources and achieve the goal of improved housing for poor residents.

The Mekong Delta province of Cà Mau plans to spend about VNĐ860 billion (US$34.4 million) from its budget for land clearance and to expand and upgrade Cà Mau Airport.

According to the State Bank of Vietnam (SBV), housing credit has been on the rise as the property market finds its footing and path to recovery.

Preliminary statistics from the municipal Steering Committee for Natural Disaster Prevention show that more than 10,000 trees have fallen along many streets in the capital city after the typhoon.

With the Chinese real estate market stagnant, Chinese cement surplus is set to compete with Vietnamese cement in export markets like the Philippines, Central America and South Africa. This competition is straining the health of cement firms, a trend likely to persist through 2024.