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 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.
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...