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The City of Ho Chi Minh Collects 6 Trillion VND from Real Estate Transactions

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Compared to the same period last year, revenue from real estate transfers in Ho Chi Minh City increased by VND 1,662 billion in the first ten months of this year.

“Affordable Social Housing in Binh Thuan: Rent Caps at VND 10 Million per Month”

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On October 31st, the People's Committee of Binh Thuan province issued a framework for rental prices of social housing and worker dormitories in industrial parks within the province. The new regulations, effective from November 15th, 2024, set the maximum rent at 10 million VND per month.

Why Isn’t Social Housing Supply Growing as Expected?

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To meet the housing needs of its citizens, the government set a target of completing 130,000 social housing units nationwide in 2024. However, this goal seems increasingly ambitious and challenging to attain within the year.