With the rapidly increasing price of construction materials causing many large traffic projects to be at risk of delay, Deputy Prime Minister Le Van Thanh has asked the Ministry of Construction (MoC) to encourage localities to urgently implement solutions to manage and stabilize such prices in accordance with the law.

Housing prices in Hanoi and Ho Chi Minh City increased sharply in 2021, from 10-20 per cent, causing difficulties for people with demand to buy housing. According to analysts, the low supply of apartments, upgraded infrastructure, and recent upward trends in material prices are the main reasons behind rising prices.

As of the end of February, the total number of securities accounts in Vietnam, including both domestic and foreign investors, stood at more than 4.7 million. According to analysts, individual investor accounts are increasing in number but not in quality.