The Government has issued a new decree aiming to promote the development of social housing.

The standard level of social assistance will increase from VND270,000 (US$11.72) to VND360,000 (US$15.63) per month from July 1, 2021, according to Decree No.20/2021/ND-CP providing social support policies for those entitled to social protection.

Real estate developers are actively restructuring their products towards mid- and low-end segments to be more suitable to the real demands of the market.