SOCIAL HOUSING PROJECTS OFFER 4,000 NEW UNITS IN Q1

Social housing buildings are seen in HCMC - PHOTO: LE VU

HCMC — Eleven new social housing projects were completed nationwide in the first quarter, adding 4,155 social housing units to the market, according to the Ministry of Construction.

These projects account for 4.14% of the annual target set by the prime minister. In addition, construction permits were issued for eight more projects with a combined 12,650 units.

In total, 19 social housing projects were completed or licensed during the period, with a combined 16,805 units aimed at low-income earners and industrial workers.

Vietnam aims to complete 100,275 social housing units this year. Bac Ninh, Haiphong and Binh Duong received the largest allocations, with 10,686, 10,158 and 8,247 units, respectively.

Under the national plan to develop at least one million social homes by 2030, 657 projects have been launched. Of these, 103 projects have been completed, providing 66,755 units. Another 140 projects are under construction, and 414 have secured investment approval.

A VND120-trillion credit package for social housing has disbursed VND3.4 trillion so far. Authorities in 38 out of 63 provinces have registered 97 projects to join the program.

The Construction Ministry called for more inspections and measures to address legal and procedural obstacles in the real estate sector. It is also drafting new regulations on housing, urban planning, and real estate transactions.

Plans include a pilot for a state-run property and land-use rights exchange and a National Assembly resolution on social housing policy.

The ministry also urged the Ministry of Finance and the Ministry of Agriculture and Environment to monitor land prices, prevent speculation, and propose tax policies to discourage hoarding. Local governments were told to track price volatility and respond to market distortions linked to planned administrative mergers.

Source: The Saigon Times

Related News

MEMBER CORNER / PROMOTIONS

D’HOI CONCERT AT HOIANA – REDEEM YOUR EXCLUSIVE “BUY 4 GET 1” OFFER NOW!

We are pleased to share an exclusive cultural highlight of this summer — the D’HOI Concert. Inspired by the rhythm of the sea and the energy of Central Vietnam, D’HOI blends contemporary music, art, and coastal lifestyle into an elevated live experience. D’HOI celebrates contemporary Vietnamese creativity with dynamic staging, coastal-inspired visuals, and a lineup of rising and established artists. Join us for an unforgettable evening by the sea.

May 25, 2026

MEMBER CORNER / PROMOTIONS

EXPLORE SAIGON'S NEW CULINARY COLLECTIVE AT LEVEL 3, UNION SQUARE

Guided by a collective of talented chefs, each restaurant is defined through its cuisine, space, and attention to detail. From business lunches and evening gatherings to private occasions and curated gifting. This collection brings every dining moment into one distinctive destination – where people gather, reconnect, and share meaningful moments.

May 25, 2026

TECHNOLOGY

HCMC TARGETS COMMERCIALIZATION OF OVER 60% OF AI RESEARCH

The HCMC People’s Committee has issued a plan to implement the city’s program on artificial intelligence (AI) research and development for 2026 under the 2020–2030 roadmap. A key target is to raise the rate of direct application and commercialization of AI research outcomes and intellectual property assets to more than 60%.

May 22, 2026

VIETNAM ECONOMY INVESTMENT

HCMC SEEKS SOUTH KOREAN INVESTMENT IN FOUR SECTORS

In the next phase of its development, HCMC is prioritizing efforts to attract investment from South Korean businesses in four strategic sectors, including developing an international financial center, building AI and semiconductor ecosystems, expanding the startup and venture capital ecosystem, and advancing smart urban and green growth projects.

May 22, 2026

TECHNOLOGY

VIETNAM PRIORITIZES 70 HIGH TECHNOLOGIES, 100 NEW PRODUCTS

Starting July 1, Vietnam will prioritize investment in the development of 70 high technologies and encourage the development of 100 high-tech products as part of efforts to shape investment flows and accelerate growth in the digital economy. The policy is outlined in Decision No. 23/2026/QD-TTg issued by the prime minister, replacing Decision No. 38/2020/QD-TTg, which had been in effect for more than five years.

May 22, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

CAN THO TARGETS TOURISM REVENUE OF VND22 TRILLION BY 2030

By 2030, the Mekong Delta city of Can Tho looks to attract around 18 million visitors and generate tourism revenue of VND20–22 trillion as it seeks to make tourism a key economic sector contributing at least 10% of the city’s gross regional domestic product (GRDP). The strategic target is outlined in a newly issued resolution by the Can Tho City Party Committee on accelerating tourism development.

May 22, 2026