Prime Minister Pham Minh Chinh emphasized the profound significance of social housing development, stating that investing in social housing is investing in development. Social housing contributes to the advancement of the economy and society. – Photo: VGP/Nhat Bac
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The Prime Minister shared that there are currently 692 social housing projects underway nationwide, totaling 633,559 units. Of these, 146 projects have been completed, providing 103,717 units; 144 projects have been initiated, with 127,261 units under construction; and 402 projects have been approved for investment, offering 402,581 units. Thus, the number of completed, under-construction, and approved projects by 2025 accounts for 59.6% of the target set by the Scheme, aiming for approximately one million social housing units by 2030.
As presented by Deputy Minister of Construction, Nguyen Van Sinh, during the Conference, practical inspections and reports from localities revealed that in the first seven months of 2025, 36,962 out of 100,275 units were completed (37%), with an expected additional 36,700 units to be finished by the year-end (a total of 73,671 out of 100,275 units, achieving 73%). Additionally, 127,261 units are under investment, including 47 projects initiated in the last seven months with 39,871 units.
Notably, Hanoi and Ho Chi Minh City, the two largest cities, were assigned to complete 4,670 and 13,040 units, respectively, in 2025. Hanoi has accomplished 2,060 units as of the first seven months, reaching 44%, with 4,966 units under construction. It is expected to finish 3,664 units by the year-end, attaining 78% (with a shortfall of 1,006 units). Meanwhile, Ho Chi Minh City has completed 4,277 units, with 13,727 units under construction and an anticipated completion of 6,902 units in 2025, achieving 53% (a deficit of 6,138 units).
Furthermore, after seven months, several localities have accomplished over 50% of their assigned targets, including Bac Ninh, Quang Ninh, Nghe An, and Lao Cai.
In the remaining months of 2025, the following localities are likely to achieve or surpass their targets: Hai Phong, Hue, Hung Yen, Bac Ninh, Quang Ninh, Nghe An, and Tay Ninh.
Localities projected to attain over 50% of their targets include Hanoi, Ho Chi Minh City, Da Nang (pre-merger Da Nang expected to reach 120% of its target), Lao Cai (pre-merger Lao Cai expected to reach 89%), Phu Tho (pre-merger Hoa Binh and Vinh Phuc expected to reach 100%), Ninh Binh (pre-merger Ha Nam expected to reach 117%), Quang Ngai, Dak Lak (pre-merger Dak Lak expected to reach 60%), Dong Nai (expected to reach 102%), Dong Thap (pre-merger Tien Giang expected to reach 78%), and An Giang (expected to reach 84%). Ca Mau is also included in this group.
Localities with less than 50% achievement include Can Tho (pre-merger Hau Giang expected to reach 100%), Thai Nguyen, Lang Son, Thanh Hoa, Ha Tinh, Khanh Hoa, Gia Lai, Lam Dong (pre-merger Dak Nong expected to reach 96%), and Vinh Long (pre-merger Ben Tre expected to reach 60%).
Some localities have not commenced any projects, including Cao Bang, Son La, Dien Bien, Lai Chau, and Ha Tinh.
Deputy Minister of Construction, Nguyen Van Sinh, presents the Report on the Review of Social Housing Development Targets for the First Seven Months of 2025 and the Plan for the Last Five Months of 2025. – Photo: VGP/Nhat Bac
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Proposals to amend regulations on income conditions for purchasing or renting social housing
To further refine legal provisions and facilitate practical implementation, the Ministry of Construction proposed amendments to several regulations in the Government’s Decree dated July 26, 2024, detailing a number of articles of the Law on Housing regarding the development and management of social housing.
Specifically, it is suggested to adjust the income conditions for purchasing or renting social housing. For single individuals, the income limit is proposed to be increased from 15 million to 20 million VND per month. For married couples, the combined income limit is proposed to be raised from 30 million to 40 million VND per month, based on salary and wage tables.
Amendments are also proposed regarding income confirmation for social housing purchase or rent for those without employment contracts. It is suggested to assign the local police at the commune level to confirm income based on the population database, following the Prime Minister’s direction in the Conclusion of the Government Office on March 18, 2025.
Additionally, it is proposed to review and reduce the interest rates for preferential loans for purchasing or renting social housing through the Vietnam Bank for Social Policies.
– 6:00 PM, August 16, 2025
The Prime Minister Approves Proposal to Raise Income Threshold for Social Housing Eligibility
As of August 16, Prime Minister Pham Minh Chinh chaired a conference in Hanoi to review the implementation of social housing development targets for the first seven months of 2025 and deploy plans for the remaining five months. The Prime Minister essentially agreed with the proposals and recommendations, including adjusting the income threshold for social housing eligibility to make it more accessible.
Unveiling 22 Social Housing Projects: A Grand Celebration for the 80th National Day
In celebration of the 80th National Day, a total of 250 projects with a combined capital of 1.28 quadrillion VND were inaugurated and commenced. Among these projects, 22 were dedicated to social housing, a testament to our commitment to providing affordable and accessible living solutions for all.
Providing Housing Solutions: An Additional 1,000 Social Homes Available, Now Catering to Commuters Traveling Up to 20km
The An Xuyen Ward Social Housing Project in Ca Mau Province is an impressive undertaking, featuring six 12-story blocks comprising nearly 1,000 social housing units. With a total investment of over VND 1,215 billion, this project is set to be completed within 36 months. One unique aspect of this project is Ca Mau’s inclusive eligibility criteria, which allows individuals with existing homes who work more than 20 kilometers away to also purchase these social housing units.
Hot: Affordable Social Housing Units Starting at Just VND 133 Million per Unit to Go on Sale Soon
Introducing a residential project that goes beyond just homes – it’s a community. This development boasts a vibrant community center, along with essential auxiliary structures such as a parking lot and underground water tanks, all complemented by a seamless technical infrastructure.
The Capital’s New Affordable Housing: Discover Hanoi’s Suburban Social Housing from VND 20 Million per sq. meter
The upcoming social housing project in Dong Anh is set to open applications in the third quarter of 2025. With a competitive price of VND 20.6 million per square meter, this project is anticipated to be completed by the end of the following year.
