Legal framework should support construction firms: insider Nguyễn Quốc Hiệp, Chairman of the Việt Nam Association of Construction Contractors tells Thời báo Kinh tế Việt Nam (Việt Nam Economic Times) that cumbersome legal requirements are one of the biggest challenges for Vietnamese construction companies.

Seminar talks up construction industry growth potential

The construction industry enjoyed strong growth last year and is expected to maintain the momentum this year too, experts have said.

Former official proposes privatising construction inspection

When Phạm Sỹ Liêm, former deputy minister of construction, recommended that the Government hire private construction inspection services on December 13, he was met with mixed opinions from experts.

Construction rules to be cut

The Ministry of Construction is preparing to propose huge changes in construction regulations in order to improve the climate for construction and real estate business.

Outstanding debts hobble infrastructure projects

Dương Văn Cận, Vice Chairman and General Secretary of the Việt Nam Association of Construction Contractors (VACC) tells Thời báo Kinh tế Việt Nam (Vietnam Economic Times) about measures to settle outstanding debts in infrastructure construction which is estimated to reach between VNĐ30-40 trillion (US$1.33-1.77 billion).

Local contractors need global strategies

Việt Nam’s construction contractors require the execution of suitable strategies to attain success in foreign markets, experts have said.

Use of contractors impacts efficiency of building projects Viet Nam Association of Construction Contractors (VACC) general secretary Duong Van Can spoke to Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times) about overuse of contractors.

Building firms fail to win big contracts Although the Vietnamese construction industry had seen positive growth in previous years, Vietnamese constructors struggled to win contracts for large-scale projects due to their low competency, said Vu Gia Quynh, Secretary General of the Viet Nam Association of Construction Contractors.

Transparency essential to stop corruption in building sector Experts spoke to Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about measures to improve transparency in construction, a sector that has experienced several corruption scandals.

Renting materials may aid building contractors Vietnamese investors could shave 20-30 per cent off their purchase costs by renting their construction equipment , said head of the Viet Nam Association of Construction Contractors Vu Khoa on Thursday.