Social housing development fails to meet target Business

Social housing development fails to meet target

Nine social housing projects for low-income earners with more than 4,100 apartments measuring 205,500 sq. m were completed and put into use in 2019, which did not meet the target set by the national housing development strategy to 2020 with a vision to 2030.
Construction ministry to focus on social housing Society

Construction ministry to focus on social housing

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Construction to pay attention to the development of social housing projects and homes for low-income earners while enhancing urban management and creating favourable conditions for construction businesses.
Social housing development boosts economy: Minister Business

Social housing development boosts economy: Minister

Social housing development not only improves societal strength but also boosts the economy overall, said Minister of Construction Pham Hong Ha, emphasising that Government spending on social housing can lift the real estate industry as a whole.
54 excellent estate businesses, projects honoured Business

54 excellent estate businesses, projects honoured

A total of 54 businesses and projects were honoured with the Vietnam Property Awards 2018 in Hanoi on April 14 in recognition of their significant contributions to the development of the real estate market in Vietnam.
Social housing projects fail to attract tenants Society

Social housing projects fail to attract tenants

When it comes to social housing or affordable housing for low-income earners, funding is usually a key factor in such projects. However, once the projects are completed, problems in planning, investment management and efficiency tend to crop up.
Business

Construction ministry seeks ODA for social housing projects

The Ministry of Construction (MoC) has proposed the Government to consider the pilot use of official development assistance (ODA) capital and concessional loans in social housing projects in order to make this type of accommodation more accessible to low-income people.