Hanoi (VNA) – Prime Minister Pham Minh Chinh has emphasised the need to diversify resources for social housing development, from the State, the public, society and financial institutions, in order to provide support for both sellers and buyers.
PM Chinh made this call while chairing a meeting with ministries and agencies in Hanoi on May 17 to discuss solutions to social housing development, as part of a project aiming to construct at least 1 million social housing units for low-income earners and industrial zone workers in the 2021-2030 period.
He acknowledged that key hurdles relating to land allocation, administrative procedures and real estate regulations have been largely resolved, saying that the laws on land, housing, real estate business and credit institutions have been issued, and what matters now is how to put them into practice.
The localities were urged to proactively engage in specific programmes, plans and projects while procedures and conditions for borrowers seeking social housing must be simplified, he said.
The leader also urged building and issuing a resolution allowing the Land Law, Housing Law and Real Estate Business Law to take effect early from July 1, 2024, and the early enforcement of preferential policies for social housing projects.
The PM assigned specific tasks to relevant ministries, local authorities and investors to ensure the successful implementation of the project.
Currently, Vietnam now has 503 underway social housing projects, providing a total of 418,200 apartments./.

See more

Investment in AI in Vietnam increases eightfold
Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

Vietnam, Cambodia seek ways to bolster economic, trade ties
Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

New wharf at Lao - Viet Int’l Port inaugurated
The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.

Vietnamese, Japanese PMs attend forum on strategic industries cooperation
Prime Minister Pham Minh Chinh and his Japanese counterpart Ishiba Shigeru attended the Vietnam-Japan Forum on cooperation in strategic industries, high technology, green transition, and semiconductors in Hanoi on April 28.

Seminar discusses scope for expanding Vietnam’s Halal exports to Indonesia
ITPC Director Tran Phu Lu noted that Vietnamese enterprises see opportunities to boost exports of Halal-certified products to Indonesia.

Vietnam, Peru step up economic and trade cooperation
Peru is currently Vietnam’s sixth-largest trading partner in Latin America. However, the trade value, standing at 518 million USD, remains modest compared to the potential and real demand between the two complementary economies.

Deputy PM vows optimal conditions for firms to expand investment in int’l financial centres
Speaking at a meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi, Binh said that the Government of Vietnam is committed to always accompanying businesses, creating the most favourable conditions for enterprises to expand their investment in international financial centres in Vietnam as well as invest in other ecosystems that they are interested in.
Vietnam, Tunisia boost economic and trade cooperation
In 2024, trade between Vietnam and Tunisia reached 267 million USD, almost tripling the figure recorded in 2023. Vietnam’s main exports to Tunisia included footwear, raw coffee, pepper, cashew nuts, seafood, and machinery, while Vietnam imported seafood, dates, chemicals, and animal feed materials from Tunisia.

Reference exchange rate up 12 VND on April 28
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,960 VND/USD on April 28, up 12 VND from April 25.

Local carmaker to export buses to RoK
It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.

Da Nang launches direct air route to Uzbekistan
Nguyen Thi Phuong, President of Prestige DMC Vietnam, noted that the charter service from Tashkent to Da Nang is being operated through a partnership between Prestige DMC Vietnam, Red Island Company, Centrium-Air Airways, and Prestige Travel Uzbekistan.

Surging forward on motorways in Mekong Delta region
The PM has stressed the need for the Mekong Delta region to develop rapidly and sustainably, contributing meaningfully to national growth.

ASEAN, China promote cross-border payments
In the first quarter of 2025, the value of RMB transactions between China and Malaysia reached 102 billion RMB (4 billion USD), up 27% year-on-year, while transactions with Cambodia reached 5 billion RMB (686 million USD), an increase of 45% compared to the same period in 2024.

Vietjet launches two new routes to Japan’s Nagoya, Fukuoka
The two new routes were inaugurated with a warm welcome from Vietjet’s leadership as well as local people and tourists in Ho Chi Minh City, Nagoya, and Fukuoka.

Aeon Mall Can Tho project officially launched
Once completed, this will become the largest shopping mall in the Mekong Delta, with a scale nine times larger than the region’s current largest commercial centre.

Vietnam, China eye deepening trade promotion cooperation
The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

Noi Bai airport expected to handle over 2,000 passengers per peak hour during April 30-May 1 holiday
On the peak days, the airport is expected to serve 108,000 passengers, including 44,000 international passengers, 22% higher than usual, and 25% higher than that of the same period in previous years.

Vietnam strives to build free trade zones and duty-free ports
PM Pham Minh Chinh urges free trade zones and duty-free ports to boost growth and position Vietnam as a digital-era logistics hub.

Vietnam advised to attract hi-tech investment to gain double-digit growth
For a double-digit growth in the coming years, attracting foreign investment requires even more breakthroughs, in both capital and the quality of the capital flow are necessary.

PM calls for bold, accelerated action in railway development
Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.