Policy makers seek to develop social housing construction
Deputy Minister of Construction Nguyen Tran Nam said the Vietnam
National Assembly ratified the amended law on housing and real estate
business, which will take effect in early July next year.
The law will help the housing market in Vietnam become more
attractive, especially for foreigners living and working in the country,
who wish to run investments in the field, as well as creating a healthy
and stable estate market.
Akihiro Gozawa,
an official from the Japanese Ministry, shared that the housing policy
in Japan has changed in accordance with population movements and focus
has been given to the quality of houses to ensure their long-run use.
He introduced participants to the Japan
Housing Finance Agency (JHFA), which was established in 2007 in charge
of supporting private financial institutions via the issuance of
government bonds and offering loans for post-disaster housing
rehabilitation.
The agency will provide
long-term and low-interest loans for house buyers or constructors.
Meanwhile, the public houses for lease will be provided by the central
and local governments at prices lower than that of the market, he said.
During the workshop, participants discussed
experience on how to mobilise middle and long term capital to help
low-income people and social welfare recipients in urban areas buy their
own houses.
They also exchanged views with
Japanese experts in service of the building of documents guiding the
early enforcement of the Vietnamese amended law on housing and real
estate business.-VNA