HoREA believes that codifying this housing segment into law would establish a legal framework encouraging business participation while significantly easing the burden on the State''s social housing programme.
According to the Ministry of Construction’s report, 875 social housing projects with total planned investment of about VNĐ637 trillion (US$24 billion) are being carried out nationwide.
The target exceeds the minimum of 18,700 units assigned to the capital by the Prime Minister and forms part of Hà Nội''s 2026-30 housing development plan, which includes 236 social housing projects.
Nguyễn Xuân Bắc, deputy director of the SBV’s Department of Credit for Economic Sectors, attributed the limited supply of social housing and the small number of projects eligible for loans to the slow disbursement.
Nationwide, 866 social housing projects have been developed with a combined investment of about VNĐ606 trillion (US$23 billion) and a total of 757,338 apartment units.
The rental housing project forms part of the broader Phố Hiến social housing development, which was officially launched on December 19, 2025, by the Hưng Yên Provincial People''s Committee in coordination with Vingroup.
Despite the recent completion of 886 housing projects with 757,338 apartments, the cost of housing in key Vietnamese cities has skyrocketed to around VNĐ100 million (US$4,000) per square metre – too high for people in low- and middle-income groups, as...
The Ministry of Construction has asked each province and city to begin construction of at least one rental housing project with budget funds in June and prepare development plans for the sector through 2030.
Businesses and industry experts are calling for stronger incentives, easier access to capital and land, and streamlined procedures to accelerate rental housing development in HCM City as home prices rise and demand from urban workers grows.
Thường Tín Commune tops the list with 10 projects, followed by Ô Diên Commune with seven projects and Phúc Thịnh Commune, Tây Phương Commune, Tây Tựu Ward and Đại Mỗ Ward with six projects each.
The construction ministry has proactively proposed new policy measures to translate the Party and State leadership’s directives into amendments to the Housing Law and the law on real estate business, which are expected to be submitted to the National Assembly...