Climate change adaptation and environmental protection

Positive results

According to Deputy Minister of Construction Nguyen Van Sinh, in the first eight months of 2024, the socio-economic situation in Vietnam showed signs of recovery and achieved many positive results, better than the same period last year. Macroeconomic and monetary stability was maintained; inflation was controlled; major balances were ensured; import and export turnover increased sharply; industrial production recovered well; and many key national infrastructure projects were started and inaugurated.

People visit a booth at the Vietbuild exhibition. Photo: Thanh Luan

Furthermore, the National Assembly has passed the Law on Housing, the Law on Real Estate Business, the Law on Land, the Law on Credit Institutions, and detailed regulations for these laws that have been enacted and are in effect. This has ensured policy uniformity and consistency, and introduced many new, groundbreaking policies aimed at promoting decentralization and delegation of power; reforming administrative procedures; and simultaneously removing many difficulties and obstacles to create a favorable environment for people and businesses to participate in investing in and developing housing projects and the real estate market.

“With the consistent, unified, and decisive direction of the Government and the Prime Minister, along with the involvement of all ministries, sectors, and localities, the socio -economic fields of our country have seen many positive changes. This also creates extremely favorable conditions and opportunities for businesses operating in the fields of real estate, architecture, construction, building materials, and interior and exterior decoration to boost production and business, contributing to socio-economic development,” Deputy Minister Nguyen Van Sinh emphasized.

Many experts believe that, in addition to positive measures from the Government, in the coming months, developers will accelerate the development of new projects and add to the housing supply. As a result, domestic consumption will recover thanks to a thriving real estate market, increased demand for construction materials in the latter part of the year, and the recovery from the aftermath of Typhoon Yagi.

According to a report by VnDirect Securities Company, although Typhoon Yagi caused damage, Vietnam has been making efforts to minimize the damage. The government will focus on restoring essential infrastructure such as power grids, roads, and schools, while also supporting people in repairing and rebuilding damaged homes.

Proactively keeping up with trends.

At the ongoing Vietbuild Hanoi 2024 international exhibition, a survey by reporters from Kinh tế & Đô thị (Economy & Urban Affairs) newspaper shows that businesses are actively promoting trade and seeking investment cooperation opportunities by introducing many new solutions in the building materials industry. Overall, the focus on environmental friendliness and consumer protection will be a common trend in modern architecture.

Most of the products on display have been thoroughly researched and analyzed by businesses. The building materials and interior/exterior decoration products feature new designs, are suitable for different regions, and have improved functionality and quality to meet the growing demand for housing, construction, and interior/exterior decoration. This is linked to sustainable development, environmental protection, and improving quality of life, reflecting the traditional, ecological, and modern aspects of society as a whole.

As seen in this exhibition, Dofa Smart offers smart home solutions and devices. These include touch-sensitive switches to turn lights on and off; automatic lighting when opening doors or going to the bathroom at night; and smart door locks that replace traditional locks, incorporating advanced technologies such as Bluetooth, Wi-Fi, or NFC connectivity, allowing users to unlock using various methods such as mobile apps, PIN codes, fingerprints, or access cards.

The Rol.Roi product line from QueenViet Investment and Trading Joint Stock Company – a manufacturer of aluminum doors – boasts superior features, including resistance to seawater, preventing rust and oxidation. Manufactured with over 98% pure aluminum alloy, it is coated with high-quality Napoleon salt-resistant paint from Akzonobel. With excellent paint adhesion, colorfastness, and high resistance to salt and UV rays, it is ideal for constructions near the coast.

Representatives from Kobler Vietnam JSC shared that, as a supplier of quartz flooring products to replace traditional wood flooring, the biggest weakness of these types of flooring is their poor water resistance, leading to peeling and damage. Typhoon Yagi, along with weeks of continuous rain, has caused many problems for families using engineered or natural wood flooring.

Both natural and engineered wood flooring are highly susceptible to damage from humid weather conditions or flooding. When exposed to water, the wood swells, leading to warping and shrinkage. Prolonged water contact can damage the entire floor. This not only diminishes the floor's original beauty but also poses a potential safety hazard. Furthermore, a humid environment is ideal for termite infestation, threatening the structural integrity of the house.

"With its main component being quartz stone combined with a sapphire coating on the surface, quartz flooring is not only waterproof and termite-resistant but also highly durable. In addition, the floor structure incorporates many technologies such as G-UV combined with Microban Protection to prevent the formation and growth of bacteria harmful to family health. The sapphire scratch-resistant layer meets the AC6 standard – the highest level in the European standard..." - a Kobler representative stated.

Mr. Nguyen Van Tuan, Director of Binh Minh Construction, Mechanical and Trading Company Limited, shared that the company's production capacity can meet approximately 100,000 products. By 2025, they will invest in a new factory specializing in products related to aluminum and zinc casting, serving the automotive and utility pole industries. The company already has enough orders to last until December 2024, with exports accounting for about 20% of revenue, along with supplying FDI companies and multinational corporations in Vietnam.

The government has tasked the State Bank of Vietnam with planning and implementing policies such as debt restructuring, deferral, and freezing, credit guarantee policies, and zero-interest rate packages. The Ministry of Finance is researching reductions, extensions, and deferrals of various taxes, fees, and charges. Meanwhile, the Ministry of Industry and Trade is ensuring the supply of raw materials for production and business. To boost growth, the government will further accelerate the disbursement of public investment and national target programs.

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