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In Ho Chi Minh City, soaring material costs stall homebuilding dreams

In Ho Chi Minh City, soaring material costs stall homebuilding dreams

Ho Chi Minh City 10:04 03/04/2026

A surge in construction material prices in Ho Chi Minh City since the 2026 Lunar New Year (Tet) holiday in mid-February has squeezed contractors and homeowners, disrupting projects and forcing difficult trade-offs across the local building sector.

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