Tag: wage increase

The soaring property prices in Hanoi, Ho Chi Minh City, and many other major cities in Vietnam are making homeownership increasingly unattainable for many. Amidst this challenging landscape, prospective buyers are faced with the fear of missing out (FOMO) and the temptation to speculate. How, then, can one make smart property purchases during this time of skyrocketing prices?

The National Housing Fund is a revolutionary initiative, stemming from Resolution No. 201/2025/QH15, which pilots special mechanisms and policies for social housing development. This fund is unique in its nature, operating as a rental-only model, where units are 'entered but never leave'. Instead of buying and selling, the fund solely focuses on providing a stable and accessible rental service, funded by the government and legal contributions from various sources. This innovative approach aims to create a sustainable and inclusive housing solution for those in need.

The debt scale of KN Cam Ranh has been on a worrying upward trajectory, ballooning from VND 18.9 trillion in 2021 to a staggering VND 32.902.9 trillion as of June 2025.