BIG DIFFICULTIES THAT THE CONSTRUCTION INDUSTRY IS FACEING

I. The most difficult problems that the construction of the column must be subject to

1. Fluctuations in raw material costs

- Increase in raw material prices

Fluctuations in the price of construction materials, such as steel, cement, bricks, and other materials, are one of the biggest challenges. Raw material prices frequently change due to the influence of global factors such as supply chain disruptions, international trade policies, and world economic conditions. An increase in material costs can increase total project costs and affect contractors' profits.

- Difficulty in cost prediction

This fluctuation also makes it difficult to predict and plan budgets for projects. Construction companies must continually update cost forecasts and find ways to manage risks related to raw material prices.

- The specific reasons for this fluctuation are:

• Increase in global raw material prices: Construction material prices in the international market increased due to post-pandemic economic recovery, supply shortages, and political upheaval.
• Import and export policy: Tax regulations and import and export restrictions from raw material supplying countries also affect prices.
• Supply situation: Supply and logistics issues reduce the ability to store and distribute construction materials.

2. Regulations and legal processes
- Construction regulations

The construction industry must comply with many legal regulations and standards, including requirements for labor safety, environmental protection, and construction quality. Compliance with these regulations requires high costs and long time, especially in large and complex projects.

- Administrative procedures

The process of applying for construction permits, checking construction quality, and administrative procedures can be long and complicated, delaying project progress. Overlapping and inconsistent regulations among regulatory agencies can also create uncertainty for investors and contractors.

- Specific causes:

• Complicated administrative procedures: Licensing and inspection processes have not been simplified, leading to a lot of time and effort.
• Inconsistency: Legal regulations between management agencies and localities are often inconsistent, causing difficulties for investors and contractors.

3. Labor safety
- Occupational accidents

This is a serious problem in the construction industry. Workplace accidents can be dangerous for workers but can also lead to compensation costs and work delays affecting project progress. 

- Working Conditions

Construction sites often have harsh working conditions, affecting the health and safety of workers.

- Comply with safety regulations

Complying with labor safety regulations is also a big challenge. Safety requirements are increasingly stringent, and non-compliance can lead to penalties and project delays.

- Specific causes:

• Lack of regulatory compliance: Some contractors do not fully implement labor safety regulations and standards.
• Lack of protective equipment: Some projects do not provide enough protective equipment and safety training for workers.

4. Shortage of human resources
- Shortage of human resources

The construction industry often has difficulty finding skilled workers and experienced engineers and has difficulty retaining high-quality personnel. A shortage of skilled workers, especially in the fields of engineering and management, can affect the efficiency of projects. This leads to delays in construction progress and increased labor costs.

- High labor costs

Rising labor costs, especially amid fierce competition to attract and retain employees, are also a concern. Companies must provide attractive benefits packages and career development opportunities to retain their workforce.

- Specific causes:

• Skills gap: Vocational education and training institutions do not meet the skills needs of the construction industry.
• Increased competition: High competition among construction companies and other industries has made retaining talent difficult.

5. Effects of climate change
- Unusual weather

Climate change and extreme weather events such as storms, floods, and heat waves can greatly affect the progress and quality of construction projects. Companies must calculate and plan for climate factors to minimize risks and ensure project sustainability.

- Comply with environmental regulations

The construction industry must meet environmental protection requirements, including waste management, energy efficiency, and minimizing impact on the ecosystem. Complying with these regulations requires investment in new technology and processes, as well as a change in design and construction approaches.

5. Environmental impact
- Pollution: The construction industry causes air, water, and soil pollution due to mining and construction activities. This can seriously affect public health and the environment.

- Waste management: Construction waste management has not been implemented well, leading to waste accumulation and environmental pollution.

Specific causes:

- Poor management: Waste management and environmental protection methods in the construction industry have not been fully and effectively applied.
- Investment incentives: Construction projects often lack environmental protection measures and use unsustainable resources.
6. Fierce competition
- Competition in the industry: The construction industry is witnessing increasingly fierce competition between companies, especially in large projects and rapidly developing areas. Companies must find ways to stand out and compete by providing high-quality services, technological innovation, and cost optimization.

- Innovation and creativity: To maintain a competitive position, construction companies need to invest in research and development, adopt new technologies, and improve work processes. Innovation and creativity will help companies overcome challenges and take advantage of opportunities in the construction industry.

II. Some proposals for solutions to deal with difficulties in the construction industry

To overcome current challenges and maintain sustainable development, the construction industry needs to adopt a range of strategic and practical solutions. Below are specific solutions to solve the biggest problems facing the industry:

1. Use alternative materials 

- Invest in price prediction technology

Using materials price prediction tools and software helps predict and plan budgets more accurately. Data analytics and artificial intelligence technologies can predict price trends and help construction companies manage costs more effectively.

- Search for alternative supply sources and partner cooperation

Establishing long-term partnerships and diversifying raw material supply helps minimize risks associated with shortages and price fluctuations. Companies should negotiate long-term contracts with suppliers to obtain fixed prices or minimize raw material price fluctuations.

- Encourage the use of recycled construction materials

Using recycled construction materials not only helps minimize negative impacts on the environment but also brings cost and quality benefits to construction projects. It is an important step towards building a more sustainable construction industry, while supporting environmental protection and sustainable development goals.

- Increase raw material reserves

Storing a necessary amount of raw materials can help minimize the impact of price fluctuations. However, this needs to be done efficiently to avoid waste and high storage costs.

2. Simplify legal procedures
- Improve administrative management processes

Build an effective administrative management system to track and process licensing requests and legal processes quickly. Use project management software and electronic workflows to optimize permitting processes and minimize processing times.

- Strengthen legal advice

Collaborate with legal and consulting experts to ensure that all regulations and standards are fully complied with. This not only helps minimize legal risks but also helps construction companies understand and keep up to date with changes in regulations.

- Participate in the policy proposal process

Participate in industry organizations and advisory groups to influence the development and regulation of legal regulations. Construction companies can contribute to improving legal processes and reducing administrative barriers.

3. Improve labor safety conditions
- Invest in safety training

Invest in periodic labor safety training programs for workers. Courses and training should be regularly updated to reflect the latest regulations and safe working practices.

- Improve protective equipment

Provide and maintain high quality protective equipment, including helmets, gloves, and reflective vests. Ensure that all workers are fully equipped with protective equipment and use it properly.

In addition, companies need to also take preventative measures to protect the health and safety of workers.

- Perform periodic risk assessments

Conduct periodic risk assessments to identify safety hazards and put preventative measures in place. This helps identify potential problems early and take timely corrective measures.

4. Training and development of human resources
- Improve remuneration policy

Develop attractive benefit packages and remuneration policies to attract and retain talented people. Companies should provide career development, training and advancement opportunities to motivate employees.

- Invest in skills training

Invest in high-quality training programs at vocational schools and training facilities, providing necessary knowledge and skills for the construction industry.

Create skills training and improvement programs for workers to improve work quality and production efficiency. Investing in technical and management training helps develop highly qualified human resources.

 Construction companies should organize internal training courses and career development programs to improve employees' skills.

- Build a good working environment

Create a positive and supportive work environment, including health, safety, and employee satisfaction policies. A good working environment helps enhance employee engagement and work performance.

This will provide enough skilled manpower, minimize delays and improve project quality as well as help workers work more efficiently and meet project requirements.

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5. Apply sustainable construction measures
- Applying green technology: Using sustainable building design and technology, including the use of renewable energy, improving energy efficiency, and minimizing the negative impact of the construction industry on the environment schools, protecting public health. Besides, it also helps sustainable buildings prolong their lifespan and improve the quality of life of the community.

- Sustainable design and construction

Apply sustainable design and construction methods, such as using weather-resistant materials and designing buildings to suit climate conditions. Buildings need to be designed to withstand extreme weather events and climate change.

- Strengthen risk management

Develop risk management plans to deal with bad weather situations. Ensure that projects have contingency plans and rapid response measures to minimize weather damage.

- Comply with environmental regulations

Implement environmental protection measures and comply with regulations on minimizing impacts on the ecosystem. Use technology and processes to reduce waste and energy consumption, while protecting the surrounding environment.

- Waste management: Establish effective waste management systems, including classification and recycling of construction waste to reduce pollution and protect natural resources.

6. Apply new technology and enhance service quality
- Technological innovation

Invest in research and development to apply new and advanced technologies in construction. Innovative technologies not only improve efficiency but also help create differentiated products and services, helping construction companies stand out in a competitive market.

Apply modern construction technology such as 3D printing, BIM (Building Information Modeling), and automation in construction. This technology not only reduces construction costs but also increases the efficiency and accuracy of projects.

- Enhance service quality

Enhance service and product quality by improving project management and quality control processes. Companies should focus on providing added value to customers and ensuring that works meet or exceed quality standards.

- Create sustainable customer relationships

Build and maintain long-term customer relationships by providing excellent customer service and after-sales care. Companies should focus on building trust and customer satisfaction to maintain and expand the market.

III. Conclude

The construction industry in Vietnam is facing many major challenges, from fluctuations in raw material costs and lack of human resources to labor safety issues and environmental impacts. However, with the development of technology and creative solutions, the construction industry can still overcome these difficulties and continue to contribute to the country's sustainable development.

Proposed solutions include applying new technology, training human resources, improving labor safety conditions, simplifying legal procedures, and applying sustainable construction measures. will help improve efficiency, reduce costs, and protect the environment. Close coordination between regulatory agencies, businesses and communities is a key factor in achieving this goal and ensuring sustainable development for the construction industry in the future.

This article is intended to provide readers with an in-depth and detailed look at current issues in the construction industry, and propose specific and feasible solutions to address those challenges. Hopefully the information and analysis in the article will help you have a clearer view of the current situation and the necessary steps to improve the construction industry.

IV. Introducing a reputable design & construction consulting service provider

The importance of construction units is undeniable because their reputation will ensure the quality and aesthetics of your project. Today, there are many units providing construction design services to meet the increasing construction demand in our country. Therefore, finding a reputable unit is not easy and requires you to spend time researching. During the selection process, you need to research carefully and ensure that the accompanying unit must have high professional qualifications, many years of experience, have a clearly signed contract, transparent costs,... Nowadays, according to feedback from some customers who have contacted Hung Nghiep Phu shows that there are currently many fraudulent units that are construction design consulting companies to scam people for many different purposes. To help customers save time searching, Hung Nghiep Phu Construction Investment Co., Ltd. is confident that it will be the best choice for you.

Hung Nghiep Phu Construction Investment Co., Ltd. with the mission of bringing the best solutions and services, together with customers to build a prosperous community, Hung Nghiep Phu is gradually asserting its brand through Sincere cooperation, with a team of leaders with ethical capacity, creativity, dedication to the profession, and strategic vision. Hung Nghiep Phu owns a team of skilled and highly qualified staff who will bring customers the best quality projects. 

Hung Nghiep Phu Construction Investment Company Limited - specializes in constructing civil and industrial projects. We look forward to accompanying customers in construction projects as well as legal procedures such as planning diagrams, applying for construction permits, completing processes, applying for fire prevention and fighting certificates, ... If you have any questions or are in need of designing and perfecting the process, please contact us immediately for a free consultation!

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