Vietnam’s national construction cost index (CCI) last year increased by 4.92% against that of 2021 and 11.01% from 2020, the Ministry of Construction has announced.

Vietnam always welcomes foreign investors, including those from China, in the spirit of “harmonious interests, shared risks,” Prime Minister Pham Minh Chinh has affirmed.

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.

VOV.VN - A 10-year-old boy trapped inside an empty concrete pillar 35m deep under the ground has died at the construction site of a bridge project in Phu Loi commune of Dong Thap province, southern Vietnam.

Despite being affected by general difficulties, the growth rate of the construction industry achieved about 8-8.5% this year, contributing to bringing the economy's overall growth rate surpassing the 6-6.5% plan set by the Government.

Vietnam’s urbanization rate would be at least 45% by 2025 and over 50% by 2030 under an action programme adopted by the Government.

Minister of Construction Nguyen Thanh Nghi noted several causes of and solutions to some urban development issues while fielding questions from legislators at the National Assembly’s ongoing fourth session in Hanoi on November 3.

The Ministry of Construction is conducting a project on developing Vietnam’s cities in response to climate change for 2021-2030 toward a goal of sustainable development and risk mitigation.

The Vietnam – Algeria Friendship Association (VAFA) hosted a ceremony in Hanoi on October 27 to celebrate the 60th founding anniversary of the Vietnam – Algeria diplomatic ties (October 28, 1962-2022).

VOV.VN - The 2022 Vietbuild International Exhibition opened in Ho Chi Minh City on October 19 showcasing a wide range of items in real estate, architecture, and interior and exterior decoration with discounts of up to 70% to stimulate demand.