The Ministry of Construction has proposed a list of railway industry services and products to be developed through State commissions and by assigning tasks to private companies.

Reforms on piloting specific policies and mechanisms to fast-track social housing development and reduce procedure time were outlined by Prime Minister Phạm Minh Chính on Monday.

Social housing is crucial to the country’s social and economic infrastructure, making collaboration between the State, market mechanisms, and relevant stakeholders essential.

HCM City has identified urban railway development as a strategic breakthrough mission in the transportation sector, including the goal of completing the urban railway network by 2035.

Hà Nội authorities are urgently repairing water leaks at stations on the Cát Linh–Hà Đông metro line to ensure safety, hygiene and service quality for passengers.

The People’s Committee of Hà Nội has issued outlined plans for all buses running on the capital's streets to electric or green energy buses by 2030.

The Ministry of Finance (MoF) is seeking public feedback on a draft decree which revises provisions on land use and land rental fees and regulating the Land Development Fund. The draft outlines several significant proposals aimed at improving capital management, controlling operational expenses and ensuring greater transparency, consistency and financial discipline within the fund.

Prime Minister Phạm Minh Chính has asked the Minister of Construction and Chairpersons of People’s Committees of centrally-run cities and provinces to reduce and simplify administrative procedures in the construction sector.

The 15th National Assembly has passed Resolution No. 188/2025/QH15 piloting several special mechanisms for developing the urban railway systems in Ha Noi and Ho Chi Minh City. In response, the two cities are taking steps to speed up implementation, aiming to build a modern, integrated transport infrastructure to meet long-term development goals.

As the institutional framework has been imcreasingly improved, what remains is determined and effective execution to complete the targets of 100,000 new social housing units in 2025 and 1 million units by 2030, Prime Minister Pham Minh Chinh has emphasised.

As the real estate market enters the second quarter of 2025, a noticeable divergence is emerging between different housing segments.