Tag: MACD indicator

The Ministry of Construction has proposed a streamlined approach to administrative procedures for construction projects. Under this proposal, each project will undergo a single administrative procedure during the preparation stage up until the commencement of construction. This innovative initiative aims to drastically reduce the time required for permitting, with a target of issuing licenses within a maximum of seven days.

"Ho Chi Minh City is proactively rolling out incentives and support for the renovation and reconstruction of apartment buildings constructed before 1994. The city is taking a proactive approach to address the aging infrastructure and improve the living conditions for its residents."

"Businesses claim that while they have successfully cleared up to 90-95% of the required land area for their projects, the remaining 5-10% has caused a bottleneck, stalling progress. The approval of the new proposal on land retrieval could provide a much-needed solution to this ongoing issue."