Decree No. 302/2025/NĐ-CP, released on November 19, sets up a central fund under the Ministry of Construction and requires provincial authorities to establish and manage corresponding local housing funds.
Over the past three decades, Việt Nam has witnessed one of the strongest real estate price increases in Southeast Asia. Việt Nam News talks with experts about the underlying causes and possible responses to cool down the overheated market.
Across the country, overall housing supply has been rising, but the share of affordable homes remains critically low. Experts are urging goverment regulations to control real estate prices to be carefully designed to ensure feasibility and avoid further market distortions.
Under a draft solution, three key mechanisms are raised, including restricting loans for buyers of second home or more, reserving at least 30 per cent of housing projects for affordable homes and requiring real estate transactions to be conducted through...
The programme has become an important credit resource, helping tens of thousands of households, workers, and low-income workers to have conditions to settle down and stabilise their lives.
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).