Construction firms in Vietnam facing funding shortage

Construction firms, especially small and medium companies, still have difficulty accessing loans.

HANOI: Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortages being their top problem, a report says.

Up to 42.2% of surveyed firms said they met more difficulties in the first quarter (1Q); 41.5% said their business operation were stable and 16.3% experienced better business in 1Q, according to a General Statistics Office report.