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housing development

Ministry pushes social and rental housing, saying apartment prices have stabilised

Ministry pushes social and rental housing, saying apartment prices have stabilised

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.
Thái Nguyên breaks ground on six social housing projects worth 287 million

Thái Nguyên breaks ground on six social housing projects worth $287 million

Thái Nguyên has been assigned a target of developing 24,800 social housing units during the 2026-30 period.
Provinces told to kick off at least one rental housing project this month

Provinces told to kick off at least one rental housing project this month

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.
Policy package for rental housing to be submitted to NA in October

Policy package for rental housing to be submitted to NA in October

For the first time, the rental housing segment has been identified as a pillar of the market, instead of just playing a supporting role.
Government to introduce strong incentives for rental housing development

Government to introduce strong incentives for rental housing development

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...
Draft law seeks to restrict social housing resale to eligible buyers

Draft law seeks to restrict social housing resale to eligible buyers

Under a draft amendment to the Law on Housing 2023 now open for public consultation, social housing owners would only be permitted to resell to buyers who meet the eligibility criteria for social housing support.
HCM City targets nearly 200,000 social housing units by 2028

HCM City targets nearly 200,000 social housing units by 2028

HCM City aims to have 199,400 social housing units by 2028, two years ahead of the target set by the Government, according to information released at a conference held on December 18.
Việt Nam, RoK foster cooperation in social housing development

Việt Nam, RoK foster cooperation in social housing development

The two sides pledged to favourable conditions for Korean firms to implement the UDPP for which the LH has signed cooperation agreements with Vietnamese localities.
HCM City gets cracking on social housing development

HCM City gets cracking on social housing development

The HCM City People''s Committee has instructed relevant agencies to incorporate social and worker housing projects into the city’s investment stimulus programme and streamline administrative procedures to help achieve the target of building at least one million social units by...
US5 billion package for social housing development sees first disbursements

US$5 billion package for social housing development sees first disbursements

Credit institutions are ready to provide loans with preferential rates from the VND120 trillion (US$5.07 billion) package.
Credit package for social housing development not yet disbursed: SBV

Credit package for social housing development not yet disbursed: SBV

Although it was effective from April 1, 2023, so far, the VND120 trillion package has not yet have any borrowers.
VN to focus on promoting housing development for low-income earners to tackle supply crunch

VN to focus on promoting housing development for low-income earners to tackle supply crunch

The Government will a project on housing development, especially for low-income earners, to tackle the supply crunch in the real estate market.
HCM City to speed up social housing development as demand grows

HCM City to speed up social housing development as demand grows

The HCM City People’s Committee has pledged to address the bottlenecks slowing down development of social housing to meet the rising demand for affordable houses.
HCM City to earmark 24.9 billion for housing development by 2025

HCM City to earmark $24.9 billion for housing development by 2025

HCM City will allocate nearly VND567 trillion (US$24.9 billion) and 974 hectares of land for housing in the next four years to increase the per capita housing space to at least 23.5 square metres.
State needs to remove obstacles in worker housing development

State needs to remove obstacles in worker housing development

The State needs to have policies that encourage the development of housing for workers in industrial parks, according to experts.