social housing projects

Social housing developers can benefit from new laws

August 27, 2024 | 15:09

Affordable housing is always a concern of foreign developers in a big property project. The reason for not carrying out social housing may be quite low profit in exchange for extremely long legal processing time.

Deputy PM demands minimising procedures for social housing projects

May 27, 2024 | 17:32

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.

Central bank starts huge credit package for social housing projects

April 04, 2023 | 14:58

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

Social housing market glacier melting

March 10, 2023 | 16:19

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.

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 home to 513 social housing projects for workers

December 26, 2020 | 12:31

Vietnam has 513 social housing projects for workers, 249 of which with 5.2 million sq.m of floor area are completed, or 41.7 percent of the plan, according to figures from the Ministry of Construction.

Vietnam faces serious shortage of housing for workers

September 27, 2019 | 11:07

Most industrial parks in the country, including in the southern key economic zone, lack housing for workers, said Phan Van Anh, Vice President of the Vietnam General Confederation of Labour.

Social housing projects halted by capital shortage

March 12, 2018 | 13:48

In April 2017, the National Assembly Standing Committee granted the Việt Nam Bank for Social Policies (VBSP) VNĐ2 trillion ($88 million) to implement the housing assistance programme for those who have contributed to the revolutionary cause. However, both homeseekers and enterprises were unable to access the preferential loans.