Deputy PM: realty market successfully restructured hinh anh 1Illustrative image (Source: VNA)
Hanoi (VNA)Deputy Prime Minister Vu Van Ninh said the real estate market has been successfully restructured and more subsidised housing made available to the poor.

During a conference to launch the Ministry of Construction’s 2016 tasks in Hanoi on January 15, the Deputy PM also hailed the sector for its effective management of construction projects using the State budget and a new mindset for planning and urban management.

As 2016 is the first year for the five-year plan, he asked the ministry to continue improving the quality of planning and adopt a long-term vision for up to 50 years or even a century.

Minister of Construction Trinh Dinh Dung praised localities for making positive changes in planning that ensure harmonious and sustainable urban development.

From 2011 to 2015, the ministry submitted a total of 44 construction and 18 infrastructure master plans to the Prime Minister for approval. Sixty of 63 localities devised construction plans at the provincial level.

Last year, the sector classified and recognised 19 urban areas.

The northern province of Quang Ninh urged the ministry and relevant agencies to promptly complete planning for a coastal corridor linking with the northern city of Hai Phong in order to tap local and regional economic strengths.

Meanwhile, the Central Highlands province of Lam Dong expected more support from the ministry to launch a green urban village model in Da Lat, starting from the design to appraisal.

According to the minister, the sector is mostly concerned about refining mechanisms and designing the Law on Planning while improving State management on construction and accelerating administrative reform this year.-VNA