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social housing

HCMC keen on social housing development

HCMC – The HCMC People's Committee has assigned relevant departments to explore and establish specific mechanisms to promote social housing development in the city. The...

Lawmakers call for enabling social housing for lease

HCMC – A National Assembly (NA) deputy has expressed concerns that current social housing policies are more focused on promoting homeownership rather than fulfilling...

Finance minister proposes social home prices require prior approval

HCMC – Finance Minister Ho Duc Phoc, speaking at the National Assembly (NA) session on June 5, emphasized the need for authorities to give...

In vicious cycle

The disbursement of the VND120-trillion credit package has been much slower than expected, with very few applicants since its launch over a month ago. Many...

Lending rate of 4.8% to be offered for social housing

HCMC – The prime minister has issued Decision 486 authorizing the Vietnam Bank for Social Policies (VBSP) to offer a preferential lending rate of...

High interest rate makes social home loans unattractive

HCMC – The high interest rate discourages eligible individuals from taking out loans to buy social homes, according to a recent survey of HCMC...

Affordable housing requires new policy

Prime Minister Pham Minh Chinh signed Decision 338/QD-TTg on April 3, 2023, approving an investment plan to build at least one million social homes...

Authorities to oversee prices of social homes

HCMC – The Ministry of Construction would inspect the real estate sector, particularly social housing projects that are offered at higher prices than normal,...

Associations propose halving car registration fee

 HCMC – Associations have proposed the central Government halve the registration fee for locally assembled or manufactured cars during the first half of the...

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