With housing prices continuing to outpace incomes, rental housing is emerging as an increasingly important pillar of Việt Nam''s housing policy, offering a more realistic path to stable accommodation for millions of people.
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.
Deputy Minister of Construction Nguyễn Văn Sinh said upcoming social housing projects will be placed in ''green line'' for administrative procedures which allows the parallel implementation of multiple procedures in order to reduce processing time and compliance costs for developers...
Prime Minister Phạm Minh Chính has called for new policies to increase housing supply and improve access for middle-income earners, as rising prices push home ownership beyond the reach of many households ineligible for social housing.
The Hà Nội People’s Committee on Tuesday approved a resolution adjusting the capital city’s housing development programme through 2030, with an aim of reducing population growth in the historic inner city while promoting green and smart housing to improve residents'' quality...
At the event, residents will be able to directly raise questions about application procedures, required documents, eligibility criteria and the approval process.
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.
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.
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 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.
Prime Minister Phạm Minh Chính chaired an online government meeting on the current development of social housing and housing for workers this morning from the capital city of Hà Nội.