Ministry of Construction: Controlling construction material prices to curb hoarding The Ministry of Construction has sent a document to the People’s Committees of provinces and centrally administered cities, urging stronger management of construction material prices and the publication of construction price indices. It asks local authorities to manage and control construction material prices and to strictly address hoarding and price manipulation. According to the ministry, recently most localities have published construction material prices and construction price indices in accordance with regulations. However, there are still cases of late publication in some localities, notably that construction price indices have, in some places, only been published up to Q4/2025. Additionally, the prices of certain materials such as sand and construction stones have not fully reflected market developments in recent times, affecting cost management of construction investments. Prices of many materials such as sand and construction stones in some localities have not accurately reflected market developments. To ensure the progress and quality of key projects, promote disbursement of public investment, and achieve economic growth targets, the Ministry of Construction requests the People’s Committees of the provinces and cities to continue implementing measures to improve the quality of publishing construction material prices in accordance with the guidelines issued.
