The Ministry of Construction has sent a document to the People’s Committees of provinces and centrally governed cities, urging intensified management of construction-material prices and the publication of construction-price indices, and calling for a crackdown on hoarding and price manipulation.
The ministry notes that while most localities have published construction-material prices and construction-price indices as required, some localities continue to publish late—particularly the construction-price index—with some places not publishing until the fourth quarter of 2025. Prices of certain materials, such as sand and construction stone, have not fully reflected market developments, affecting cost-management of construction investments.
To ensure progress and quality of projects of national importance, accelerate disbursement of public investment, and achieve growth targets, the ministry asks provincial and municipal authorities to continue implementing measures to improve the quality of published construction-material prices in line with the guidelines.
Localities are urged to strengthen management, stabilize and control prices of construction materials, especially steel, cement, sand, construction stones, and asphalt. At the same time, competent authorities must promptly address hoarding and price manipulation to ensure that published construction-material prices and construction-price indices reflect market prices.
The ministry also noted that in June, fuel prices, especially diesel, declined. Therefore, localities should direct authorities to intensify market checks, survey the market, review construction-material prices, and timely adjust and publish price levels that reflect current market conditions.
The measures aim to ensure that published construction-material prices and construction-price indices reflect current market prices, support progress of national projects, accelerate disbursement of public investment, and help achieve growth targets.
The ministry’s guidance emphasizes improved transparency and alignment of official price publications with market conditions, with authorities urged to monitor, adjust, and publish price levels accordingly.
