Handling of speculation, hoarding, and unreasonable price increases of construction materials

The telegram stated that currently, key transport infrastructure projects are being simultaneously deployed and accelerated; many civil works, people's houses, housing projects, and real estate in many localities are also being built, contributing to promoting the country's socio -economic development, determined to complete the 8% growth target in 2025, creating momentum, creating position, and creating force for the 2026 - 2030 period to grow at a double-digit rate.

Recently, the prices of some construction materials, especially sand, gravel, stone, brick, leveling materials, road embankment materials, etc. have increased abnormally, directly affecting construction costs and construction progress. The main reasons are the emergence of factors affecting the supply and demand of the construction materials market, delays and congestion in licensing the exploitation of sand, gravel, and construction stones, speculation, hoarding, price gouging, and signs of manipulation and monopolization of the construction materials market.

In order to promptly rectify, handle, and overcome limitations, stabilize prices of construction materials and ensure the construction progress of key national projects, as well as meet the construction needs of civil works, people's housing, housing projects, real estate, the Prime Minister requested the Minister of Construction to urge and closely coordinate with localities to monitor and regularly grasp market developments and fluctuations in construction material prices in the market to proactively have timely and effective solutions to reduce prices, especially construction materials, sand, stone, gravel, bricks, leveling materials, roadbed materials, etc.; in cases beyond authority, immediately report to competent authorities for timely and effective consideration and decision.

The Prime Minister requested the Minister of Agriculture and Environment to minimize administrative procedures and business conditions in granting licenses for mineral exploitation, especially common minerals used as construction materials, promptly and urgently resolve the supply of sand, gravel, stone, leveling and road construction materials, etc.; urgently review and immediately reduce administrative procedures on land and environmental impact assessments related to mineral exploitation, ensuring the target of reducing at least 30% of the time and cost of implementing administrative procedures and business conditions of 515 related administrative procedures and 859 business conditions under the management of the ministry.

The Minister of Industry and Trade directed market management agencies to strengthen inspection, promptly detect and handle acts of speculation, hoarding, and unreasonable price increases of construction materials; thoroughly handle construction materials of unknown origin, counterfeit goods, fake goods, and poor quality goods.

The Ministry of Public Security shall preside over and coordinate with relevant agencies to investigate and strictly handle organizations and individuals who manipulate the market, speculate and profit in the production and trading of construction materials, and cover up, protect, corrupt, and ignore violations that recur without thoroughly handling them.

The Government Inspectorate urgently identifies and immediately conducts inspections of common construction material supply sources in key areas and strictly handles violations according to the law.

The Prime Minister requested the Chairmen of the People's Committees of provinces and cities to direct the priority of ensuring construction material sources for important projects, construction projects that must be completed early, and urgent civil works.

LAM NGUYEN

Source: https://www.sggp.org.vn/xu-ly-hanh-vi-dau-co-gam-hang-tang-gia-bat-hop-ly-hang-hoa-vat-lieu-xay-dung-post798868.html