Based on fluctuations in the construction material market in the first half of this year, the Ministry of Construction forecasts that the price of construction sand and stone in the third quarter of 2023 will continue to increase when major traffic projects...
Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors.
With local construction contractors recovering after the heavy impact of the pandemic, the increased prices of building materials and the labour costs have a significant effect on their performance.
News about the commencement of 12 projects along the North-South expressway in 2022 is considered to be the main driving force for the construction materials group, including steel, stone and asphalt.
The northern province of Ha Nam on May 13 granted an investment licence
to the HTC Group from the Republic of Korea (RoK) to build a factory
producing home cleaning products and construction materials.