The capital has been chosen to pioneer practical and scalable rental housing models that could later be replicated in other major urban and economic hubs nationwide.
At the local level, 13 provinces and cities have completed the establishment of funds and are seeking approval from provincial people’s councils for additional capital allocations, the report said.
Hà Nội has allowed residents who already own homes to buy or lease-to-purchase social housing apartments if their current residence is more than 20km from their workplace.
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.
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...
The HCM City Labour Federation has partnered with a private developer to build 30,000 social housing units for workers by 2030, in an effort to address the growing demand for affordable housing among low-income labourers in the city.
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.
Under the Government’s plan to develop at least one million social housing units nationwide during the 2022-30 period, Bắc Ninh has been assigned a target of approximately 147,100 units.
At the event, residents will be able to directly raise questions about application procedures, required documents, eligibility criteria and the approval process.
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.