The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth US$72 million in Kenya.

Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong on September 29 hosted a reception for Cuban Minister of Construction Rene Antonio Mesa Villafana who is on a working visit to the southern metropolis.

With the domestic housing market entering a period of stagnation, many construction companies of the Republic of Korea (RoK) have amended their business strategies, in which many choose Vietnam as their destination, the RoK’s Newdaily newspaper reported.

Construction enterprises have reported divergence in the first half of 2021 as a sharp increase in raw material prices has put them under pressure.

Local construction firms face the risk of bankruptcy as the price of steel has soared 40% recently.