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Tag
social housing
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Vietnam offers low-income workers cheap mortgages
Low-income workers in Vietnam who want to buy a house this year will be given access to bank loans with an annual interest rate of just 4.8 percent.
Ho Chi Minh City faces land shortage for low-cost housing
The city has land to develop suitable low-cost houses for only 1 percent of those in need, its real estate association said.
Rent, don’t buy homes: former official advises Vietnamese youth
Former Deputy Minister of Construction says renting is a better solution for young Vietnamese, given skyhigh housing prices.
February 24, 2019 | 03:02 am PT
Affordable housing program in limbo after money runs out
Vietnam rolled out an affordable housing program, but when its billion dollar allocation ran out, many projects stalled.
November 21, 2019 | 04:46 pm PT
Foxconn eyes development of $319 million workers housing
Taiwan’s Foxconn wants to build housing for workers in northern Vietnam and has made a proposal to the government.
June 30, 2020 | 08:45 pm PT
Hanoi needs $3.9 bln for social housing projects
Hanoi needs VND90 trillion ($3.88 billion) to develop 7.2 million square meters of social housing in the next five years amid a shortage of low-cost residential real estate.
November 5, 2020 | 07:39 pm PT
Too many challenges in social housing development: companies
Several difficulties, including low profit margin and complicated procedures, are making real estate developers reluctant in developing social housing projects despite high demand.
October 25, 2021 | 10:40 pm PT
HCMC to build 18,000 apartments for workers by 2025
HCMC plans to build 18,000 affordable apartments for workers by 2025 amid rising demand and prices.
November 8, 2021 | 09:36 pm PT
HCMC to spend $1.6 bln on social housing development
HCMC plans to invest VND37.69 trillion ($1.6 billion) in public housing in 2021-25.
November 18, 2021 | 07:53 pm PT
Building 35,000 social housing units in HCMC an ambitious goal
Constructing 35,000 new social housing units over five years in Ho Chi Minh City will be challenging unless current legal roadblocks are lifted, industry insiders say.
March 12, 2022 | 05:12 pm PT
HCMC to build another 1,300 social homes
Ho Chi Minh City will build 1,300 social homes in Thu Duc City and Binh Chanh District for workers and those with low incomes this month.
April 19, 2022 | 10:48 pm PT
'Cheapest' apartments beyond reach of HCMC workers
Social housing remains beyond the reach of HCMC workers who are struggling with rising living costs and low incomes. Dwindling supply of "affordable" apartments doesn't help, either.
April 27, 2022 | 02:29 am PT
Vinhomes to build half a million social housing units in five years
Real estate giant Vinhomes plans to construct 500,000 social housing units over the next five years, its chairman Pham Thieu Hoa said in the annual general meeting Thursday.
May 12, 2022 | 01:25 am PT
HCMC to cut social housing approval time by 75 pct
Ho Chi Minh City is set to cut the time it takes to approve social housing projects from 500 days to 133 days.
June 24, 2022 | 08:11 pm PT
Developers call for policy changes to ease social housing problems
Leading property developers have called on the government to fast-track approvals and ease restrictions that are stymieing the industry’s growth.
August 2, 2022 | 03:00 am PT
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