Vietnam needs to raise policies and solutions to hasten housing development for low-income earners in urban areas and industrial zones in an effort to improve their living standards.
The Ministry of Construction has recently asked local authorities nationwide to quicken the building of social housing, in a bid to comply with the national housing development strategy.
Low-income housing projects have lagged far behind demand because the State lacked funds and the private sector needed more investment incentives, according to Construction Minister Trinh Dinh Dung.
Demand for social housing units in the 2016-2020 period is estimated at 200,000 units if the demand for 2012-2015 (700,000 units) can be met by the end of this year, according to the Ministry of Construction (MoC).
Vietnam’s Ministry of Construction and Japan’s Ministry of Land, Infrastructure, Transport and Tourism held a workshop to seek to generate more capital for social housing construction in Hanoi on December 4.
(VOV) -Prime Minister Nguyen Tan Dung has asked the Construction Ministry to cut the time for administrative procedures by one third, making it easier for businesses and residents to carry out construction projects.
Prime Minister Nguyen Tan Dung signed a directive to increase the number of social housing projects in Hanoi, while ending construction of commercial housing projects in the city centre.
National Assembly (NA) deputies adopted the Law on Public Investment and the revised Construction Law at a plenary session on June 18.
(VOV) - Vietnam needs domestic and international assistance to carry out its housing plan for low-income earners to improve their living conditions, says Construction Minister Trinh Dinh Dung.
(VOV) -Construction Minister Trinh Dinh Dung has used an interview with a VOV reporter to affirm his ministry will give top priority to improving local housing services in 2014.
(VOV) - The real estate market will recover in 2014, said Deputy Construction Minister Nguyen Tran Nam in an interview granted to a VOV online reporter about the property market in 2003 and forecasts in 2014.
(VOV) - Priority should be given to perfecting institutions to develop the housing and real estate market, Deputy Prime Minister Hoang Trung Hai has said.