PM orders close coordination to remove obstables to property market

PM orders close coordination to remove obstables to property market

Prime Minister Pham Minh Chinh has just signed a document requesting more efforts to promote the development of and remove obstacles to the real estate market.
Attraction some way off for social housing

Attraction some way off for social housing

The lack of affordable social housing has raised whether foreign developers should be allowed to invest in this segment in Vietnam.
Social housing market glacier melting

Social housing market glacier melting

As a number of new laws and social housing loan packages are implemented towards the end of the second quarter, the real estate market in Vietnam is hoping for a rebound.
More than rhetoric needed for dilemmas in social housing

More than rhetoric needed for dilemmas in social housing

The majority of developers are finding it extremely difficult to generate a profit under current social housing laws. VIR’s Quynh Trang found out more on this issue with Troy Griffiths - Deputy managing director of Savills Vietnam.
Affordable home buyers to get loans with lower rates

Affordable home buyers to get loans with lower rates

Affordable home buyers can access preferential loans at rates 1.5-2 percentage points lower than the market average as part of a credit package worth around 120 trillion VND (5.02 billion USD).
MoC reduces its pledge to build over one million social housing units

MoC reduces its pledge to build over one million social housing units

The Ministry of Construction's initiative to invest in affordable homes for low-income individuals from 2021 to 2030 has now been amended.
VBSP offering support to those in need

VBSP offering support to those in need

An online conference earlier this month reviewed VBSP's disbursement of policy credit performance for 2022.
RoK construction firms interested in Vietnamese market

RoK construction firms interested in Vietnamese market

With the domestic housing market entering a period of stagnation, many construction companies of the Republic of Korea (RoK) have amended their business strategies, in which many choose Vietnam as their destination, the RoK’s Newdaily newspaper reported.
Making the dream of house ownership come true with VBSP funding

Making the dream of house ownership come true with VBSP funding

The life quality of customers having settled down in their dream houses bought with capital support from VBSP units has constantly improved.
Investor puts apartments up for sale before securing land rights

Investor puts apartments up for sale before securing land rights

The social housing project Lotus Garden at Phu My District (Dong Thap Province) has not been granted a construction permit by the provincial authority, yet the project was still putting apartments up for sale.
Industrial zone workers: realities in low-quality living quarters

Industrial zone workers: realities in low-quality living quarters

Vietnam currently has 260 industrial zones in operation, with 75 more being planned, for over 16 million workers that generate massively for the country’s GDP. Industrial zone and social housing developers currently only meet less than 10 per cent of the
The need for social housing in industrial zones is vital

The need for social housing in industrial zones is vital

In the context of the pandemic, manufacturing activities in industrial zones (IZs) became nearly impossible in some southern areas, which led to the disruption of the supply chain and a shortage of labour. One reason for this situation is that localities were not interested in developing social housing for workers.
Vietnam still lacks low-priced apartments

Vietnam still lacks low-priced apartments

Vietnam has less than half of the low-income houses it targeted for in 2020, according to data from the Ministry of Construction (MoC).
Affordable housing supply fails to meet goal: Official

Affordable housing supply fails to meet goal: Official

The supply of affordable housing for low-income earners in urban areas and industrial park workers has only met around 42 percent of the target, Bui Xuan Dung, Director of the Ministry of Construction’s Housing and Real Estate Market Management Agency, told a recent workshop.
C.T Group building housing for the ambitious young of Ho Chi Minh City

C.T Group building housing for the ambitious young of Ho Chi Minh City

Customers with the drive to reach higher in Ho Chi Minh City are the target of the C.T Group’s affordable housing project, Saigon Venice.
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