The Government has presented a draft resolution to the National Assembly proposing special mechanisms and policies for social housing development. If approved, these measures could shorten the development timeline for social housing projects by 375 to 525 days. Local governments directly assign social housing developers The draft resolution, consisting of 12 articles, introduces several liberal, breakthrough solutions aimed at accelerating social housing development, according to the National Assembly (NA) Legal and Judicial Committee, the agency responsible for its review. Specifically, the Government has proposed full decentralization, granting local authorities, the Ministry of Defense, and the Ministry of Public Security the authority to approve investment project policies and appoint developers for social housing and housing projects for the armed forces. The Government has proposed piloting a mechanism for assigning investors, approving investment policies, and awarding no-bid contracts to social housing developers. Under this approach, provincial people’s committees would have the authority to directly assign investors or approve investment policies for social housing projects within their jurisdictions. For housing designated for the armed forces, the Ministry of Defense and the Ministry of Public Security would oversee investor appointments and investment approvals following a written agreement with the provincial people’s committee on project […]
The Government has presented a draft resolution to the National Assembly proposing special mechanisms and policies for social housing development. If approved, these measures could shorten the development timeline for social housing projects by 375 to 525 days. Local governments directly assign social housing developers The draft resolution, consisting of 12 articles, introduces several liberal, breakthrough solutions aimed at accelerating social housing development, according to the National Assembly (NA) Legal and Judicial Committee, the agency responsible for its review. Specifically, the Government has proposed full decentralization, granting local authorities, the Ministry of Defense, and the Ministry of Public Security the authority to approve investment project policies and appoint developers for social housing and housing projects for the armed forces. The Government has proposed piloting a mechanism for assigning investors, approving investment policies, and awarding no-bid contracts to social housing developers. Under this approach, provincial people’s committees would have the authority to directly assign investors or approve investment policies for social housing projects within their jurisdictions. For housing designated for the armed forces, the Ministry of Defense and the Ministry of Public Security would oversee investor appointments and investment approvals following a written agreement with the provincial people’s committee on project […]
The Government has presented a draft resolution to the National Assembly proposing special mechanisms and policies for social housing development. If approved, these measures could shorten the development timeline for social housing projects by 375 to 525 days. Local governments directly assign social housing developers The draft resolution, consisting of 12 articles, introduces several liberal, breakthrough solutions aimed at accelerating social housing development, according to the National Assembly (NA) Legal and Judicial Committee, the agency responsible for its review. Specifically, the Government has proposed full decentralization, granting local authorities, the Ministry of Defense, and the Ministry of Public Security the authority to approve investment project policies and appoint developers for social housing and housing projects for the armed forces. The Government has proposed piloting a mechanism for assigning investors, approving investment policies, and awarding no-bid contracts to social housing developers. Under this approach, provincial people’s committees would have the authority to directly assign investors or approve investment policies for social housing projects within their jurisdictions. For housing designated for the armed forces, the Ministry of Defense and the Ministry of Public Security would oversee investor appointments and investment approvals following a written agreement with the provincial people’s committee on project […]
HCMC - The Ministry of Construction has proposed a VND100-trillion bond issue to raise funds for lending to those eligible for buying social housing...
HCMC – Eight new social housing projects were initiated nationwide in the third quarter, adding nearly 5,000 affordable housing units to the market, according...
HCMC – The HCMC Real Estate Association (HoREA) has proposed that the People's Committee of HCMC reduce the value-added tax (VAT) for social housing...
Social housing development in Vietnam has faced a myriad of obstacles, and the introduction of green standards has raised concerns about cost. Despite these...