Construction material prices surge, contractors under pressure

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HCMC to add new tourism products

HCMC to add new tourism products

Multimedia June 19, 2026

HCMC will add new river tourism products under a US$38 million investment plan by LuxGroup, which aims to develop a fleet of boutique cruise vessels serving river and coastal routes in southern Vietnam.

Construction material prices have risen sharply since early March 2026, increasing project costs and placing contractors and suppliers under financial strain.

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HCMC to add new tourism products

HCMC to add new tourism products

Multimedia June 19, 2026

HCMC will add new river tourism products under a US$38 million investment plan by LuxGroup, which aims to develop a fleet of boutique cruise vessels serving river and coastal routes in southern Vietnam.