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HCM City to develop resettlement housing

HCM City to develop resettlement housing

Ho Chi Minh City plans to develop social housing on its own instead of building new resettlement housing with state funds, according to the city’s People’s Committee.

Workers feel squeeze due to social housing shortage

Workers feel squeeze due to social housing shortage

Nguyen Thi Phuong, who has worked at the Thang Long Industrial Park in Hanoi’s outskirts district of Dong Anh for years, said her family of three would enjoy a stable life if not for housing.

Social housing meets 28% of workers’ demand

Social housing meets 28% of workers’ demand

Vietnam has to date completed 87 social housing projects with some 28,800 apartments for workers at industrial parks (IPs), meeting just 28% of the demand, according to the Ministry of Construction.

Hanoi aims for more social housing by 2020

Hanoi aims for more social housing by 2020

Hanoi’s property market will have more supply of social housing products for low-income people by 2020 in order to address the paucity of those products on the market combined with the over-supply of commercial houses.

Vietnam to host Int'l Real Estate Conference 2018 in September

Vietnam to host Int'l Real Estate Conference 2018 in September

As many as 200 foreign delegates – including heads of the world’s leading real estate associations, developers, and speakers – and nearly 1,000 domestic officials, economists, and enterprises, have registered to join the International Real Estate Conference (IREC) 2018 that will take place in Hanoi from September 5-7.

Social housing development boosts economy: Minister

Social housing development boosts economy: Minister

Social housing development not only improves societal strength but also boosts the economy overall, said Minister of Construction Pham Hong Ha, emphasising that Government spending on social housing can lift the real estate industry as a whole.

Vietnamese firm builds housing project in US

Vietnamese firm builds housing project in US

HQC USA LLC, a member of Vietnamese property developer Hoang Quan Group, recently held a groundbreaking ceremony for a US$40 million mixed-use development project at Tacoma city, Washington.

Social housing projects fail to attract tenants

Social housing projects fail to attract tenants

When it comes to social housing or affordable housing for low-income earners, funding is usually a key factor in such projects. However, once the projects are completed, problems in planning, investment management and efficiency tend to crop up.

Unions demand better conditions for workers

Unions demand better conditions for workers

The minimum wage is too low for workers to survive on while social housing is inadequate and too expensive for them, trade unions told Ho Chi Minh City’s leaders at a recent meeting.

Ho Chi Minh City develops social housing

Ho Chi Minh City develops social housing

Ho Chi Minh City aims to build about 20,000 social houses, 35,000 concentrated residential places for workers at industrial parks and 10,000 others for students during 2016-2020.

HCM City pilots cheap housing for workers at industrial parks

HCM City pilots cheap housing for workers at industrial parks

The Department of Construction in HCM City has encouraged companies at the Hiep Phuoc and Linh Trung Industrial Parks in Nha Be and Thu Duc districts to pilot construction of residential building clusters with 25-sq.m apartments priced at VND100 million (US$4,405) for workers.

HCM City seeks new social housing models

HCM City seeks new social housing models

HCM City’s Party Secretary Dinh La Thang has urged local authorities to consider implementing a social housing policy that has helped attract more investors in Binh Duong province.