Prime Minister Pham Minh Chinh cut the ribbon to inaugurate Nhu Nguyet bridge 2 and attended a groundbreaking ceremony of a social housing project for workers in the northern province of Bac Giang on June 16.
The northern province of Bac Giang plans to mobilise some 92.5 trillion VND (3.9 billion USD) by 2025 for its housing development programme, under which it targets building 85,600 housing units with total floor area of more than 12.98 million square metres.
There was not a single social housing project in Ho Chi Minh City this year, and with support funds for them being limited, there is a fear the situation could continue, experts said.
As many as 1,030 apartments will be available in 2021 for low-income people at the price of 8 million VND (343 USD) per square metres in Thanh Lam-Dai Thinh 2 new urban area in Me Linh district, Hanoi city.
Hanoi will soon have 1,300 new apartments thanks to a social housing project invested by Capital House Group, a real estate developer focusing on green buildings in Vietnam.
The Housing and Urban Development Corporation (HUD) has started construction of a new 16.2 million USD social housing project in central coastal Khanh Hoa province’s Nha Trang city.
The Department of Construction in Ho Chi Minh City sought the municipal People’s Committee’s approval for a proposal to build more than 2,000 additional apartments.
The Vietnam Industrial Bank (Vietinbank) has agreed to provide funding worth 900 billion VND (40.18 million USD) for the Vesta social housing project in Hanoi.
The northern province of Hai Duong is speeding up its social housing projects to provide accommodation for locals with low income, according to the provincial Department of Construction.
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