Currently, many essential construction materials such as fill soil, sand, stone, gravel, cement, steel... have local price fluctuations in some localities across the country, including Quang Ninh . The main reasons come from fluctuations in fuel prices, transportation costs, and limited supply of natural mining materials due to tightening management of mineral exploitation. At the same time, the demand for construction materials in the province is increasing as a series of key projects are being implemented.
The unreasonable increase in construction material prices not only increases the total investment of projects and works but also has a chain reaction affecting the progress of implementation and disbursement of public investment capital and causing difficulties in bidding and selecting contractors to implement projects.
According to reports from most investors in the province, many construction packages of key projects are currently facing many difficulties in accessing and signing contracts to purchase construction materials due to high prices. For example, at the riverside road project connecting the Ha Long - Hai Phong expressway to Dong Trieu, the section from Provincial Road 338 to Dong Trieu (phase 1). Due to the nature of the project passing through a swampy area, many filling materials as well as other essential construction materials must be used. However, many categories of construction materials used in the project have increased significantly compared to 2024. Typically, for sand for embankment, the unit price in 2024 given by suppliers was 250,000 VND/ m3 , but now it has increased to 650,000 VND/ m3 ; Construction sand from 320,000 VND/ m3 , increased to 720,000 VND/ m3 ; concrete sand from 600,000 VND/ m3 , increased to 1.2 million VND/ m3 ; grade 1 crushed stone mix from 270,000 VND/ m3 , increased to 470,000 VND/ m3 ... All prices listed above do not include VAT.
Mr. Pham Phuc Quang, Deputy Director of the Provincial Traffic and Rural Construction Project Management Board, said: Faced with this situation, the unit has recently compiled and reported to the Department of Construction to advise competent authorities to take timely measures to direct and resolve the issue, thereby creating favorable conditions for contractors to speed up the construction progress of project items.
With the high price of materials, many construction contractors are now in trouble because they do not have enough capital due to the lack of construction volume to make final payments to investors, leading to many projects in the province having to be constructed at a slow pace, thereby reducing the rate of public investment disbursement, affecting the economic growth of the province.
Based on the reality in Quang Ninh as well as in many localities across the country, on June 10, 2025, the Prime Minister issued Official Dispatch No. 85/CD-TTg on strengthening solutions to manage and stabilize construction material prices. The Prime Minister directed the Ministry of Public Security to investigate and strictly handle organizations and individuals who manipulate the market, speculate and profit in the production and trading of construction materials and protection acts.
The Prime Minister also requested ministries, branches and localities to urgently implement solutions to control construction material prices, including assigning the Chairmen of the People's Committees of provinces and cities to urgently review, evaluate and synthesize the demand for construction materials in the area; plan and identify mines, speed up licensing and control the declaration and posting of prices according to regulations, ensuring publicity and transparency, avoiding the phenomena of "speculation and price inflation"...
Based on the direction of the Prime Minister, Quang Ninh province has also directed departments, branches and localities to focus on reviewing and understanding the causes of the increase in construction material prices, proposing tasks and solutions to cool down the market. A series of synchronous solutions will be deployed by Quang Ninh province in the coming time, namely strengthening the management of declaration and posting of construction material prices; requiring enterprises to strictly declare and publish monthly selling prices, resolutely handling cases of taking advantage of the situation to push up prices unreasonably; reviewing, promptly updating and publicizing construction material price indexes; periodically announcing material prices closely following actual developments; adjusting basic construction unit prices closely to reality, limiting capital increases.
In particular, the province will tighten the management and exploitation of minerals for construction materials; strengthen inspection of mineral exploitation activities, strictly handle illegal exploitation, speculation and hoarding; control transportation costs and supply sources well; encourage optimal transportation and reserve of some strategic materials for stabilization when there are fluctuations; strengthen inter-sectoral inspection and examination, promptly detect and handle acts of speculation, price hikes and profiteering. Prioritize the organization of auctions of material mines in accordance with planning; encourage enterprises to deeply process and reuse industrial waste for construction materials; promote the use of environmentally friendly alternative materials.
By synchronously implementing a group of solutions, Quang Ninh is determined to stabilize the construction materials market to serve socio-economic development, completing the growth target for 2025 and the following years.
Source: https://baoquangninh.vn/tang-cuong-kiem-tra-gia-ca-vat-lieu-xay-dung-3362674.html
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