Stabilizing construction material prices, accelerating key transport projects
Prime Minister directs tighter fuel and material price controls, trictly handle hoarding, price manipulation, profiteering, while resolving bottlenecks to speed up major projects.
.png)
Prime Minister Pham Minh Chinh has issued Directive No. 25/CD-TTg dated March 21, 2026, urging stronger measures to manage and stabilize prices of fuels, raw materials, and construction materials; address difficulties, speed up site clearance, and accelerate nationally key projects.
During implementation, the Government and Prime Minister have assigned ministries, sectors, and localities to raise high sense of responsibility to ensure projects meet timelines, quality, procedures, and prevent corruption, waste, or state asset losses. Many works have been completed and put in use, contributing to ensuring national defense, security, and socioeconomic benefits.
However, some projects continue to face hurdles in compensation, resettlement support, and technical infrastructure relocation, compounded by fluctuating supplies and prices of raw materials, fuels, and construction items that are delaying timelines. Morever, conflics in the Middle East have driven unpredictable oil price spikes, directly inflating construction costs.
To counter this, the Prime Minister calls on localities to intensify site clearance efforts, swiftly resolve compensation, resettlement, and relocations; mobilize the entire political system, effectively carry out mass mobilization, address public concerns fairly, and enhance livelihoods for affected communities.
On material, fuel, and construction supply management, localities are required to strictly handle hoarding, price manipulation, profiteering, smuggling, commercial fraud and violations of fuel trading and pricing regulations
Localities should also assess demand for raw materials, fuels, and construction supplies, prioritizing supplies for national key projects and urgent public works; review reserves of mineral and common construction material mines to fast-track permits and boost exploitation capacity.
Ministries, sectors, localities, investors, and contractors must closely monitor fuel and material price fluctuations, evaluate impacts on total investments and contracts, and devise timely solutions to ensure execution progress of national key projects.
Hai Phong News