The National Assembly (NA) is scheduled to discuss a report by a supervision delegation and a draft Resolution of the legislature on the results of the thematic supervision on the implementation of policies and laws regarding the management of the real estate market and the development of social housing within the framework of its ongoing eighth session in Hanoi on October 28.

The Ministry of Construction always encourages and supports US companies to collaborate and invest in construction projects with Vietnamese enterprises to enhance the quality of human resources and real estate products, Minister Nguyen Thanh Nghi has said.

VOV.VN - Several foreign enterprises have recently poured investment capital into social housing projects in Vietnam, according to insiders.

The Vietnam Association of Real Estate Brokers (VARS) has proposed couples with two children are given priorities in buying homes at social housing projects, as a solution to encourage marriage before the age of 30 and increasing the birth rate.

Minister of Construction Nguyen Thanh Nghi held talks with Minister of Land, Infrastructure and Transport of the Republic of Korea (RoK) Park Sanwoo in Hanoi on July 16, during which the two ministers inked a memorandum of understanding (MoU) on cooperation between the two ministries in urban and social housing development.

The Ministry of Construction (MoC) has been demanded to coordinate with other ministries and sectors to minimise processes and procedures for implementing social housing projects.

Prime Minister Pham Minh Chinh has emphasised the need to diversify resources for social housing development, from the State, the public, society and financial institutions, in order to provide support for both sellers and buyers.

The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.

VOV.VN - Prime Minister Pham Minh Chinh called for the participation of the Government, State, people, and businesses in dealing with difficulties to promote social housing development at a conference held to discuss this issue on March 16 in Hanoi.

As many as VND531 billion (US$21.7 million) under the VND120 trillion credit package for social housing development has been disbursed, according to Director General of the State Bank of Vietnam (SBV)’s Department of Credit for Economic Sectors Ha Thu Giang.