Insiders sketch out two scenarios for Vietnam’s real estate market in 2025

Insiders sketch out two scenarios for Vietnam’s real estate market in 2025

Vice Chairman of the Vietnam National Real Estate Association (VNREA) Nguyen Van Dinh has outlined two scenarios for Vietnam’s property market in 2025, influenced by the ongoing scheme to streamline the political system’s organisational apparatus.

Social housing supply expected to surge next year: experts

The supply of social housing in Vietnam is anticipated to increase significantly next year, driven by preferential policies and the Ministry of Construction’s (MoC) efforts to address obstacles hindering related projects, according to experts.

Prime Minister urges quick, effective development of social housing

Prime Minister Pham Minh Chinh on March 16 urged the plan on building at least 1 million social housing units for low-income earners and industrial workers in the 2021 - 2030 period to be implemented quickly and effectively.

Over 21.7 million USD of credit package for social housing development disbursed

As many as 531 billion VND (21.7 million USD) under the 120 trillion VND credit package for social housing development has been disbursed, according to Director General of the State Bank of Vietnam (SBV)’s Department of Credit for Economic Sectors Ha Thu Giang.

Steel market to recover in latter half of 2023

The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.

Hanoi to spend 437 trillion VND on housing development until 2025

Hanoi will spend 437 trillion VND (18.3 billion USD) on housing development in the 2021-2025 period.

Building at least 1 million social housing units by 2030

Developing social housing for workers and low-income earners forms an important part of the socio-economic development policy.

Ministry proposes US$2.85 bln credit package for social housing development

The Ministry of Construction has proposed a credit package worth VND 65 trillion (US$ 2.85 million) for social housing development as part of a plan on sustainable economic recovery in 2023.
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