43 Projects and Tens of Thousands of Apartments to be Built
The central focus of Da Nang City is to effectively implement the 1 million housing units scheme, addressing the housing needs of eligible individuals for rental, purchase, or rent-to-own social housing as per the Housing Law. The city aims to meet the social housing targets set by the Prime Minister.
Da Nang will mobilize and efficiently utilize capital sources for social housing development, encouraging private sector investment in social housing projects. This initiative will enhance residents’ quality of life and promote sustainable urban development.
Da Nang prioritizes social housing development.
The city targets the completion of nearly 29,000 social housing units during the 2025-2030 period.
Specifically, the projected numbers are: over 2,600 units in 2025, nearly 5,000 in 2026, 5,000 in 2027, 5,200 in 2028, 5,700 in 2029, and 5,400 in 2030.
The 2025-2030 project list includes 43 developments, covering a total land area of over 134 hectares.
Priority Streamlining for Social Housing Projects
The Da Nang People’s Committee directs relevant agencies to streamline administrative procedures, categorizing social housing projects under the “green lane” and “priority lane.” This involves simultaneous processing of investment, land, planning, construction, and environmental procedures.
City leaders mandate minimizing project appraisal, approval, land allocation, construction permitting, and related procedures. The goal is to reduce administrative processing time and compliance costs by at least 50% compared to current regulations.
A social housing project under construction in central Da Nang.
The Department of Construction is tasked with monitoring project implementation, reviewing and adjusting the 2025-2030 social housing project list based on actual conditions. They will identify suitable land parcels with synchronized infrastructure for additional investment calls.
The Department of Agriculture and Environment will coordinate with district authorities to update planning based on the 2025-2030 social housing project list. They will also guide land allocation, leasing, and environmental permitting for social housing projects, ensuring compliance with land use regulations and addressing delays.
“Faking Poverty to Exploit Social Housing Benefits”
A series of fraudulent and non-transparent declarations have been uncovered by authorities in Hai Phong City, where individuals attempted to falsify their profiles to qualify for social housing purchases.
What Makes Vipico’s Dragon Bridgefront Project Stand Out?
The Han River plays a pivotal role in Da Nang’s urban landscape, with the Dragon Bridge area serving as a vital hub for transportation and tourism. Strategically located here, *The Legend Danang*, developed by Vipico, is capturing significant market attention.
Da Nang Proposes Solution for Hundred-Billion VND Marina Project Along Han River
The Da Nang Department of Construction has announced that the restaurant and marina project along the Han River has garnered significant public and voter attention, necessitating a comprehensive review.
Vietnam’s Smallest Yet Wealthiest City Set to Unveil 388-Meter Skyscraper, Joining Elite Tower Club
Upon completion, this project will join the ranks of Vietnam’s tallest buildings.
Upcoming Launch of 13 Projects with a Combined Investment of Nearly VND 30 Trillion in Hai Phong
Unveiling a wave of progress, 13 transformative infrastructure projects spanning transportation, industry, seaports, and urban housing are set to break ground and celebrate completion by year-end. With a combined investment nearing 30 trillion VND, these initiatives mark a significant leap forward in regional development.
