Topic: building

The Ministry of Construction is formulating national urban and rural area planning for the 2022-2030 period and vision to 2050, to build and develop a harmonious and balanced urban network between regions, urban areas, and the countryside. The development of high-rise buildings will be strictly controlled in inner cities, with the concentration of hospitals and universities in central urban areas reduced and industrial facilities outside of urban areas relocated.

The Ministry of Construction (MoC) has proposed supplementing regulations in the draft amended Law on Housing on the number of apartments that foreign organizations and individuals can own in Vietnam. Foreign organizations and individuals will only be allowed to buy, rent-purchase, receive as gifts, receive as inheritance, or own 30 per cent of the number of apartments in an apartment building, including mixed-use apartments.

Deputy Prime Minister Le Van Thanh has assigned relevant authorities to consider a proposal from the Lai Chau Provincial People’s Committee to build Lai Chau Airport, at a cost of VND8 trillion ($344.77 million) and under the public-private partnership (PPP) model. With a capacity of catering to 500,000 passengers a year and with a land area of 117 ha, it will be an important driving force for development in the northern mountainous province.