Investor puts apartments up for sale before securing land rights
July 03, 2022 | 08:09
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
June 14, 2022 | 14:23
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
October 21, 2021 | 17:49
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
June 13, 2021 | 11:11
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
April 23, 2021 | 15:21
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
October 30, 2020 | 11:39
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.
Foreign company proposes to be allowed to buy social housing units for workers
July 09, 2020 | 14:45
Hon Hai Technology Group (Foxconn) has proposed the Government to allow enterprises in industrial zones (IZs) to purchase or lease-purchase social housing units for their workers.
Social housing development important to driving market out of difficulties
May 07, 2020 | 15:15
Social housing could be the solution to driving the real estate market out of this difficult time caused by the COVID-19 pandemic, according to the Ministry of Construction.
Social housing projects wait for incentives
April 16, 2020 | 20:02
Demand for low-priced social houses and houses for long-term rent was high but incentive policies have not yet encouraged investors.
SBV keeps preferential interest rate for social housing unchanged
January 07, 2020 | 16:44
The commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Viet Nam (SBV).
Social housing lending a pillar of welfare activities
April 16, 2019 | 16:35
The deputy general director of Vietnam Bank for Social Policies shares the highlights of the bank’s social housing lending programme this year.
Social homes for rent fail to attract customers in Hanoi
April 04, 2019 | 17:31
The uptake for social housing in Hanoi has been disappointingly low due to indifference from the intended target customers.
Social housing lending rate proposed to be lowered
March 04, 2019 | 14:59
The HCM City Real Estate Association has proposed social housing lending rates be lowered to 3-3.5 per year to create favourable conditions for low-income earners to afford homes.
South Korea lends housing support
February 27, 2019 | 15:06
South Korea has been boosting its support for Vietnam to formulate its social housing policy currently being implemented effectively nationwide, bringing major benefits to local people.
Bank proposes 4.8 percent interest for social housing loans
January 17, 2019 | 09:39
The Vietnam Bank for Social Policies (VBSP) has submitted proposals to the Prime Minister on the interest rates for preferential loans to rent and buy social housing or build, upgrade, and repair houses in 2019, with the suggested annual rate of 4.8 percent.
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