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Ministry of Construction

$100-million Phu Yen racecourse project still paralyzed

Although investor proposed to offer bets on dog and horse racing, the project has not commenced yet and around $400,000 only has been disbursed up to now.

Ministry of Finance raises questions about Hancorp's investments

According to the Ministry of Finance (MoF), Hanoi Construction Corporation – JSC (Hancorp)’s outsourcing investment is not effective and potentially in risk of capital loss.

The Ministry of Construction raises voice against the planning of Hanoi railway station

The urban zoning project for Hanoi railway station and surrounding areas is not in line with the master plan of the city approved by the Prime Minister, according to the Ministry of Construction (MoC).

Thousands of foreigners await home-ownership certificates

Thousands of successful real estate deals have been closed relevant to foreigners but up to date a modest number granted home-ownership certificates may hinder foreigners' eagerness.

MoC called for a quick disbursement of the VND2 trillion package for social housing

A package of VND2 trillion (roughly US$88 million) supporting social housing projects has just been approved by the National Assembly. The Ministry of Construction demanded Vietnam Bank for Social Policies to disburse the capital this year.

Series of violations detected at FLC luxury resorts

Ministry of Construction just concluded, after a thorough investigation, numerous violations in FLC Group’s two major projects on Sam Son and Quy Nhon beaches (in Thanh Hoa and Binh Dinh province).

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