With such a rapid growth rate, until the 40s of the 21st century, about 50% of Vietnam`s population will live in urban areas.
In 2019 and by early 2020, Vietnam’s urbanization rate is expected to reach about 40%, according to Chairman of the Vietnam Urban Development Association Tran Ngoc Chinh.
With such a rapid growth rate, until the 40s of the 21st century, about 50% of Vietnam's population will live in urban areas, Chinh added.
Deputy Minister of Construction Le Quang Hung said that the urbanization rate in the country by 2018 reached 38%, an increase of 0.9 percentage points compared to 2017. The country currently has 819 cities (six cities more than 2017).
The rate of urban construction planning reaches 100%, subdivision planning is about 78%, detailed planning is about 39% (up 2% compared to 2017), rural construction planning reaches 100% (up 0.6% compared to 2017), Hung added.
He stressed that the increase in urbanization in 2018 has helped real estate and construction materials market achieve positive growth. In 2019, the Ministry of Construction will focus on perfecting the legal system on construction investment, ensuring consistency and uniformity, reforming administrative procedures and simplifying business conditions.
Also according to Deputy Minister Le Quang Hung, his ministry will focus on controlling development of real estate and construction materials market in a sustainable way, ensuring interconnection with other markets in 2019.
Illustrative photo
|
Deputy Minister of Construction Le Quang Hung said that the urbanization rate in the country by 2018 reached 38%, an increase of 0.9 percentage points compared to 2017. The country currently has 819 cities (six cities more than 2017).
The rate of urban construction planning reaches 100%, subdivision planning is about 78%, detailed planning is about 39% (up 2% compared to 2017), rural construction planning reaches 100% (up 0.6% compared to 2017), Hung added.
He stressed that the increase in urbanization in 2018 has helped real estate and construction materials market achieve positive growth. In 2019, the Ministry of Construction will focus on perfecting the legal system on construction investment, ensuring consistency and uniformity, reforming administrative procedures and simplifying business conditions.
Also according to Deputy Minister Le Quang Hung, his ministry will focus on controlling development of real estate and construction materials market in a sustainable way, ensuring interconnection with other markets in 2019.
Other News
- Vietnam, Dominican Republic strengthen economic ties
- Vietnam news in brief - November 21
- Vietnam strives to reach net zero targets before 2050: PM
- Prime Minister meets world leaders at G20
- Vietnam's updated NAP: Progress in climate action
- Vietnam news in brief - November 20
- Vietnam news in brief - November 19
- PM shares Vietnam’s experience in poverty reduction at G20 Summit
- Vietnam news in brief - November 18
- Vietnam news in brief - November 17
Trending
-
Vietnam's updated NAP: Progress in climate action
-
Vietnam news in brief - November 20
-
Prime Minister meets world leaders at G20
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Hanoi Festival of Creative Design 2024: celebrating the capital's cultural innovation