Prime Minister Pham Minh Chính, who is also head of the Central Steering Committee on Housing Policy and Real Estate Market, has demanded stricter oversight and transparency in the approval, sale, rental, and rent-to-own processes of social housing units.
Prime Minister Pham Minh Chinh has pressed for answers on why apartment prices remain persistently high and ordered clarification on whether real estate market manipulation, including hoarding, price rigging, and speculative practices, has occurred.
Deputy Prime Minister Tran Hong Ha on October 25 ordered competent ministries and local administrations to evaluate the real estate situation as well as the responsibilities of relevant sides in housing market predictions and regulation of the realty product segments.