The Government has issued a decree detailing the establishment of the national housing fund and measures to implement the National Assembly’s Resolution No. 201/2025/QH15, adopted in May this year on piloting a number of special mechanisms and policies to develop social housing.

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.

VOV.VN - Social housing projects must be developed as quickly, transparently, and conveniently as possible to ensure equal access for all, prevent negative practices, safeguard social welfare, and contribute to inclusive and sustainable national development, Prime Minister Pham Minh Chinh has emphasised.

VOV.VN - Promoting social housing development is an urgent task to meet the significant needs of the people while ensuring a stable, transparent, and healthy real estate market, said Prime Minister Pham Minh Chinh.

VOV.VN - Prime Minister Pham Minh Chinh chaired a conference on August 16 in Haoi to review the implementation of social housing development targets in the first seven months of 2025 and outline plans for the remaining five months.

Vietnam’s Ministry of Construction has proposed the creation of a National Housing Fund, with initial capital of VND 5-10 trillion (US$200-400 million), aimed at boosting social housing supply for low-income groups.

VOV.VN - Ho Chi Minh City has set a goal of developing more than 199,000 social housing units between 2021 and 2030, according to the municipal Department of Construction.

As the institutional framework has been imcreasingly improved, what remains is determined and effective execution to complete the targets of 100,000 new social housing units in 2025 and 1 million units by 2030, Prime Minister Pham Minh Chinh has emphasised.

Lawmakers voiced their support for the adoption of a parliamentary resolution on piloting special mechanisms and policies for developing social housing to accelerate the process and shorten the investment and construction timelines for such projects, during their group discussion as part of the 15th National Assembly (NA)’s 9th session on May 21.

VOV.VN - On May 20, the Government submitted to the National Assembly a draft resolution on piloting a number of special mechanisms and policies to promote social housing projects.