Delegate Trần Thị Vân said published unit prices for some public investment projects are well below market prices, putting contractors at risk of losses, delaying projects and blocking capital disbursement. Delegate Nguyễn Cao Sơn said labor, material and fuel costs have surged as many major projects run at once, with demand for filling sand exceeding 600 million m3 against supply of about 394.5 million m3. Some firms pay workers 900,000 to 1 million VND, versus a standard rate of 300,000–400,000 VND per workday. Delegates proposed risk-sharing for contracts signed before July 1, lower lending rates, debt restructuring, keeping debt groups unchanged until the end of 2027, and recapitalizing four state-owned banks.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Đại biểu Quốc hội: Nhà thầu xây dựng 'càng làm càng lỗ'
Read the original on VnExpress ↗
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Related tickers and likely impact
CII
▼ Likely negativeHo Chi Minh Infrastructure
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 9,025 bn VND |
| P/E | 82.1 |
| P/B | 0.93 |
| Close on 10/30/2026 | 13.20 |
| Change that session | -1.86% |
CTD
▼ Likely negativeCOTECCONS
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 7,235 bn VND |
| P/E | 9.2 |
| P/B | 0.75 |
| Close on 10/30/2026 | 64.00 |
| Change that session | -1.08% |
HHV
▼ Likely negativeDeo Ca Traffic
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Transportation Services |
| Market cap | 5,435 bn VND |
| P/E | 8.6 |
| P/B | 0.48 |
| Close on 10/30/2026 | 9.30 |
| Change that session | -1.69% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- Latest Lending Rates at Banks
As of October 20, 15 of Vietnam's 46 commercial banks had cut their average lending rates by 1.5–2% on the State Bank of Vietnam's directive. Some banks now offer average lending rates as low as 4.1% per year.
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