Tag: The Ministry of Construction

The proposed expansion is intended to increase traffic capacity along Vietnam’s key north-south transport corridor, improve connectivity between regions and support growing demand for passenger and freight transport.

The Ministry of Construction has approved the investment policy for a VND1.696 trillion ($65 million) project to construct and upgrade the runways and taxiways at Da Nang International Airport.

Under the medium-term public investment plan for the 2026–2030 period, the Ministry of Construction has organized the preparation of a pre-feasibility study to widen sections of the Eastern North-South Expressway.

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.

Real estate contributes some 8 per cent of annual GDP, and the Ministry of Construction (MoC) has proposed four key solutions to promote its role in economic development, including completing the legal corridor in credit and financial investment.