September 25, 2024 | 22:18 (GMT+7)
Vietnam, U.S. share experiences in urban development
The Ministry of Construction always encourages and supports U.S. companies to collaborate and invest in construction projects with Vietnamese enterprises to enhance the quality of human resources and real estate products, Minister Nguyen Thanh Nghi has said.
Meeting with Solomon Greene, Principal Deputy Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development (HUD), in Washington D.C. recently, Nghi shared Vietnam's policies on social housing development and apartment renovation, as well as its experiences in responding to climate change as well as disaster and disease prevention.
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An overview of the meeting |
The two sides exchanged experiences and policy solutions related to housing and urban development in their respective country.
Greene briefed the Vietnamese guests on challenges facing the U.S. administration in ensuring access to housing and homeownership for its citizens, affirming that the policy of housing in general, and that for low-incomers in particular, plays a crucial role in the development of the U.S. society.
To mitigate the impacts of climate change, the locations for developing residential areas are carefully selected, he said, adding that HUD maintains the assessment and mapping of flood-prone areas and disaster risks, and updates them periodically to provide warnings to local communities.
Additionally, the department has launched an USD 800 million program to renovate existing infrastructure, enhance energy efficiency, and reduce energy loss, helping to lower energy costs for users, said the official.
Source: VNA