• The new terminal atDa Nang International Airport is expected to be put into operation inMay 2011, according to the Middle Airports Corporation (MAC).
  • Astrong new supply in the leasing sector this year will force landlordsto fight for tenants in the rental market in HCMC and Hanoi.
  • Attractiveinvestment stimulus policy of Vietnam has contributed to the rapidurbanization process in Vietnam. It is forecasted that the urbanizationratio of the country will reach about 40% by 2020. With a populationgrowth of 1.1 million people per year, the current population density inVietnam is 6-7 times higher than the standard level. Thus Vietnam isnow facing with a lot of completed issues in various fields as aconsequence of fast urbanization, such as uncontrollable migration,spontaneous urbanization, population convergence.
  • On April 1, 2011, the Minister of Construction Nguyen Hong Quan, ViceMinister Nguyen Dinh Toan and Representatives of Departments under theMinistry of Construction and Hoan Kiem District People’s Committee areworking on the adjustments detailed planning Hanoi’s Old Quarter.
  • Within the framework ofactivities to commemorate 55 yearsof training, 45 years of establishment of University of Constructionand 90 years of University of National Moscow Construction (MISI - MGSU)- Russian Federation, University of Construction of Viet Nam incoordination with MGSU held the International Workshop UrbanManagement, Construction Economics and Real Estates Management on the1st Aprial, 2011 in Hanoi.
  • Deputy PM Hoàng Trung Hải on Friday urged relatingagencies to quickly complete a draft national housing developmentstrategy towards 2020.
  • After eight days’ sitting, the ninth session of the 12thNational Assembly (NA) successfully concluded on March 29 and it wasagreed that the final session had proceeded in a more practical andeffective manner.
  • The World Bank’s Board of ExecutiveDirectors on March 30 approved one loan and three credits totalingUS$570 million in support of Vietnam’s development efforts.
  • The Electricity of Vietnam (EVN) onMarch 30 signed a contract with joint contractors Tianjin Alstom Hydroand Hydrochina Zhongnan Engineering Corporation to provideelectro-mechanical equipment and technical services to the Huoi Quanghydroelectric power plant project.
  • The first meeting of the U3SAP Drafting Committee washeld in the Ministry of Construction (MOC) office, 37 Le Dai Hanh, Hanoion the 28th February, 2011. The meeting was chaired by Mr Cao LaiQuang, MoC Standing Vice Minister and Chairman of U3SAP DraftingCommittee, and attended by representatives at General Director level orequivalent from the Prime Minister’s Office as well as the Ministries ofConstruction, Planning and Investment, Agriculture & RuralDevelopment, Health; Natural Resources and Environment, Industry andTrade, Finance and Transport as permanent members of the DraftingCommittee. The meeting was also attended by Mr Nguyen Thanh Vinh,Country Team Leader of the Water and Sanitation Program/ World Bank(WSP/WB), office in Vietnam, together with other staff as funders of theproject.
  • On 28th March, at the office of the Ministry ofConstruction, Minister of Construction Nguyen Hong Quan receivesintimately Mr. Stanislaw Tillich, the Premier of Sachsen State ofGermany and Mr. Rolf Schulze, German Ambassador in Vietnam.
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