Despite constant efforts to remove bottlenecks and accelerate real estate developments, housing prices in some areas have continued surging and become unaffordable to many, partly due to speculation and supply shortage.
The proposed developers include Vingroup, Sun Group, Viglacera, HUD, HANCORP, Becamex IDC, Vinaconex, Nam Long, Đức Mạnh, TasecoLand, Cát Tường and Thủ Đô JSC, among others.
Individuals who already own a home but live far from their workplace may now be considered for social housing benefits in HCM City, provided they belong to the eligible groups.
The Ministry of Construction has proposed raising the income cap for individuals eligible to purchase homes at social housing projects from VNĐ15 million to VNĐ20 million.
The loans must arise from disbursements made between July 1 and December 31, 2025, and be financed through commercial banks that have registered to participate in the programme.
Social housing is crucial to the country’s social and economic infrastructure, making collaboration between the State, market mechanisms, and relevant stakeholders essential.
A central focus of the draft is on improving the management and operational mechanisms of the Land Development Fund, especially concerning the use of idle capital.
The project in the Thành Hải resettlement area will include 1,155 social housing units and 197 commercial housing units, with a total investment of over VNĐ1.13 trillion (US$44.4 million).
The project is expected to be finished five months ahead of schedule, aiming to complete construction early in the third quarter of 2026, meeting the housing requirements for over 3,900 people.
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.
Experts emphasised the need to channel funds into less risky segments like social and affordable commercial housing to ensure a balanced real estate market. They also urged swift implementation of new regulations under the Housing Law and Land Law to...
Việt Nam’s real estate prices over the past five years rose by 59 per cent, higher than the rate in many developed countries such as the US (54 per cent), Australia (49 per cent), Japan (41 per cent) and Singapore (37...