A series of high-rise apartment projects in Da Nang are licensed, people are afraid that traffic will break down
Sending feedback, people in Ngu Hanh Son ward (Da Nang) said that the city is currently licensing the construction of many high-rise apartment buildings on streets with high population density and dense traffic density such as Sun Cosmo, Tran Thi Ly bridge, The Estuary Tuyen Son, Tran Hung Dao street apartment project...
People believe that this will create many consequences for the city such as traffic congestion, road congestion, traffic accidents, security and order, and air pollution.
Meanwhile, the central streets of Da Nang are already crowded, when these apartments grow up and have residents, it will affect the sustainable development of the city.
Responding to the above opinion, the Department of Construction of Da Nang City said that the content of people's recommendations related to the development of high-rise apartment projects in large urban areas has also posed many challenges for State management of the construction and urban planning sector in the current period. See more...
Reviewing the current status of cracked areas in 36-storey apartments in Ho Chi Minh City
On July 27, the People's Committee of Tam Thang Ward (HCMC) established an inspection team to review the current status of the crack at PVC-IC Diamond apartment building (also known as Lapen Center apartment building, address 33A 30/4 street, Tam Thang Ward).
Therefore, the team conducted a review of the 15th and 16th floors of this apartment building, especially in the 16-08 apartment area where there were large cracks.
The survey results recorded that there were long cracks on the 16th floor girder floor; many other locations on the 16th floor also had cross-section cracks... However, the preliminary inspection using intuition did not see any cracks in the load-bearing structure.
The delegation also requested the investor to provide design drawings or complete the structure of the project for the unit to have the function of checking and evaluating. At the same time, the investor is required to have a plan to dismantle the brick wall at the cracked location to ensure safety. See more...
Slow site clearance, industrial parks in Lam Dong slow to attract billions of USD
On July 27, the leader of the People's Committee of Son My commune (Lam Dong province) said that up to now, Son My 1 Industrial Park (IP) has had 3 key projects approved for investment with a scale of 156.123 hectares.
The projects include: Son My LNG warehouse, Son My I BOT Thermal Power Plant, Son My II Thermal Power Plant. The total registered investment capital of the above 3 projects is 5.4 billion USD.
During the implementation process, up to now, Son My 1 Industrial Park has compensated for 86.79 hectares of site clearance. The remaining area of 983.21 hectares is still being implemented. In which, the focus is on the 375ha area of land belonging to 7 organizations and 78 households.
For the Son My Resettlement Area Technical Infrastructure Project (phase 1), with an area of about 1.44 hectares, it is expected to arrange about 76 resettlement plots. The compensation plan for 7 households has been approved. Currently waiting for Project Management Board No. 2 to transfer funds to pay. See more...
Enterprises worry about sharply increasing costs when the land price list in Ho Chi Minh City is adjusted from 2026
HCMC - Many businesses are concerned that in the near future, the land price list will be adjusted to increase, causing rental costs to increase sharply, creating great financial pressure for businesses.
After the merger of administrative units, although Ho Chi Minh City agreed to continue applying the current land price list of Ho Chi Minh City (old), Binh Duong (old) and Ba Ria - Vung Tau (old) until the end of 2025, many opinions are concerned that land prices will fluctuate from January 1, 2026.
In fact, after Ho Chi Minh City (old) applied the adjusted land price list, the cost of site clearance and land rental costs of businesses have been pushed up significantly.
Mr. Le Hoang Chau - Chairman of the Ho Chi Minh City Real Estate Association (HoREA) - cited the case of a business renting a warehouse plot of 11,000 m2 in Khanh Hoi port area that was "shocked" when it was informed that the land rental amount in 2025 was nearly 21 billion VND, due to the land rental price being pushed up to nearly 2 million VND/m2. This figure is 6.36 times higher than the previous VND3.3 billion in 2022 (old unit price was VND300,000/m2) and 2.7 times higher than the VND7.7 billion in 2023 - 2024 (old unit price is VND700,000/m2). See more...
