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.
The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.
VOV.VN - With the Government’s efforts to accelerate the disbursement of public investment, credit packages for social housing projects, and positive signs for the Vietnamese economy, the steel market is likely to rebound ahead in the third and fourth quarters of the year, according to industry insiders.
VOV.VN - Prime Minister Pham Minh Chinh has signed a document requesting that relevant ministries, agencies, and localities remove obstacles to the real estate market which has been in limbo for months.