Relevant agencies will announce building material prices monthly, according to a dispatch sent by the Ministry of Construction.
|Price fluctuations in construction material create difficulties for some contractors|
Price fluctuations in recent months have created difficulties for some contractors. Regular official price announcements will help contractors project their expenditures.
Steel is selling for VND21-22 million (US$1,300) a ton, according to several construction agencies. The price of bricks has increased by 10 – 30 percent.
The price of sand and stone is unchanged, but transport fees have surged by VND70,000-100,000 a trip.