Hà Nội has proposed a new regulatory framework allowing the conversion between social housing, commercial housing and resettlement housing projects in an effort to improve the use of underutilised housing stock and respond more flexibly to market demand.
In Hà Nội and HCM City, nearly 18,000 resettlement apartments remain vacant or are being used inefficiently, leading to the decay of entire infrastructure systems.
Ha Noi has proposed to the Ministry of Finance the imposition of a tax or fine on owners of half-finished and abandoned townhouses and villas which were causing considerable wastes of land resource.