Social housing project Thang Long Green City in Hanoi's Dong Anh district. (Photo: VNA)
Hanoi (VNA)🌟 – Vietnam expects to have 108 socialhousing projects with over 47,500 apartments completed in 2024, according tothe Ministry of Construction.
Localities nationwide were asked to register their numbers ofsocial housing projects that are scheduled to be completed in 2024, providinghousing for low-income earners and workers at industrial parks. Accordingly, the southern province of Binh Duong registered thebiggest number of projects with 20 projects and 4,500 apartments. The northernprovince of Bac Ninh registered the biggest number of apartments to becompleted with 6,000 in five projects. Meanwhile, Ho Chi Minh City registered to complete six projectswith more than 3,700 apartments; Hai Phong city, eight projects with 3,925 apartments;Can Tho city, two projects with more than 1,500 apartments; An Giang, four projectswith more than 1,900 apartments; Quang Ninh, three projects with 1,600apartments; Hanoi, three projects with 1,181 apartments; Bac Giang, two projectswith nearly 2,430 apartments; Ha Nam, four projects, with 1,666 apartments; andDa Nang, three projects with 1,880 apartments. Meanwhile, the provinces of Ha Giang, Cao Bang, Bac Kan, LangSon, Tuyen Quang, Nam Dinh, Yen Bai, and Son La did not have any social housingprojects to be completed in 2024. According to the ministry, 419 social housing projects withabout 432,500 apartments and a total floor area of about 22.6 million sq.m areunder construction across the country. Vietnam targets to build at least 1 million social housingapartments by 2030. According to the ministry, the construction of about428,000 social housing apartments is expected to be completed by 2025. In 2023, a total of 28 housing projects with 13,864 apartmentsfor low-income earners and workers at industrial parks were completed, while 16 other projects were kicked off./.
Binh Duong is on the right track towards its goal of smart and sustainable development when focusing on innovation, shifting to modern industries with high added value, and investing in infrastructure, social housing and education, said a supervision delegation from the Intelligent Community Forum (ICF).
The southern economic hub of Ho Chi Minh City is striving to build 35,000 social housing apartments by 2025, equivalent to 2.5 million square metres of floor space, said the municipal People's Committee.
The State Bank of Vietnam (SBV) will step up the information work to further popularise the social housing loan package among the public given its sluggish disbursement, SBV Governor Nguyen Thi Hong said at a question and answer session of the 15th National Assembly in Hanoi on November 6.
Vietnam’s biggest listed property firm Vinhomes JSC on January 6 held a ceremony to kick off its first social housing project in Hai An district, Hai Phong city.
The biggest ever social housing project in the south central coastal province of Khanh Hoa saw its construction commenced on January 11, promising to accommodate about 20,250 people in the future.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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