A series of key infrastructure projects will commence or be inaugurated in Hue to mark the 50th anniversary of the central city’s liberation (March 26) and the 95th anniversary of its Party Organisation (April 1930-2025), local authorities announced on March 17.
Prime Minister Pham Minh Chinh inspected the construction site of the Lao Cai - Hanoi - Hai Phong railway project and attended the groundbreaking ceremony of a social housing project in Lao Cai city in the northern mountainous province of the same name on December 22.
VOV.VN - Several foreign enterprises have recently poured investment capital into social housing projects in Vietnam, according to insiders.
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.
The Hoa Binh Construction Group announced on February 19 that it has won bidding packages to develop five social housing projects worth US$72 million in Kenya.
VOV.VN - Vietnam is striving to build 130,000 apartments for low-income earners and workers in industrial parks this year in line with a Government Resolution issued in January 2024, said the Ministry of Construction.
Vietnam expects to have 108 social housing projects with over 47,500 apartments completed in 2024, according to the Ministry of Construction.
To date, 10 provinces have sent their lists of projects for access to a VND120 trillion (US$5.11 billion) housing credit package, heard an online conference on reviewing a resolution to remove difficulties for the development of the real estate market chaired by Prime Minister Pham Minh Chinh on August 3.