social housing projects

Hà Nội, HCM City apartments now out of reach for most locals

Between 2022-2023, house prices soared, exceeding the income of most people in the two most populated cities in the country.

Vietnam seeks 7 percent GDP growth amid challenges
Prime Minister Pham Minh Chinh mandated concerted efforts to boost GDP growth to over 7.0 percent and simultaneously maintain macro-economic stability, inflation control and balanced budgets.
US$49.3 million disbursed for social housing projects
Four State commercial banks have disbursed a total amount of VND1,234 billion (US$49.3 million) for social housing projects by the end of the second quarter of 2024.

Foreign firms inject money into social housing projects in Vietnam
Several foreign enterprises have recently poured investment capital into social housing projects in Vietnam, according to insiders.
4 social housing projects completed in HCM City since 2021
Two social housing projects with 50,831 square metres of floor space were completed in HCM City in the first half of the year, according to a report by the city Department of Construction.
Bình Dương proposes $2.55 bln credit to boost social housing projects
Bình Dương will invest in over 160,000 homes, with over 32,000 up for rental.
Deputy PM demands minimising procedures for social housing projects
The Ministry of Construction (MoC) has been demanded to coordinate with other ministries and sectors to minimise processes and procedures for implementing social housing projects.