In Vietnam's construction industry, published unit prices for public investment projects are substantially below market levels, raising concerns that companies may fall into the red from the order-taking stage. The Diet took up this structural risk, exposing the gap with market prices.
It has been pointed out that, in Vietnam's construction industry, published unit prices are often below market levels for projects centred on public investment. This creates a structure in which losses are expected before construction begins, and the resulting deterioration in companies' profitability was discussed in the Diet.
Low published unit prices make it difficult to secure profits when orders are received and may also affect the long-term viability of projects. The view was expressed that public unit-price settings that diverge from market price trends are placing pressure on private companies' financial positions.
Going forward, discussions are expected to continue on reviewing the criteria for setting published unit prices and appropriately reflecting prices in project contracts. Following the issues raised in the Diet, the relevant parties are expected to consider measures to improve transparency and fairness.