Prime Minister Pham Minh Chính, who is also head of the Central Steering Committee on Housing Policy and Real Estate Market, has demanded stricter oversight and transparency in approving, selling, renting and rent-to-own social housing units.

PM Pham Minh Chinh speaks at the meeting.

Addressing the committee’s third meeting in Hanoi on November 11, which virtually linked with 34 cities and provinces nationwide, PM Chinh said the meeting aims to dismantle bureaucratic hurdles, ensuring open, sustainable social housing development and property market.

Citizens deserve fast, affordable and hassle-free access to homes, free of hidden fees or fraud, he said. Scaling social housing is key to macro-economic stability, curbing inflation, sustaining growth and driving long-term progress, he said.

Social housing projects require full infrastructure, from roads, utilities and telecom systems, to clinics, schools and recreation facilities, while equal access must extend nationwide, he stressed.

Despite gains, supply lags demand, financing remains shaky for builders and buyers, prices exclude low-and middle-income groups, allocated land is often far from city centres and underdeveloped, projects stall and some developers lack capital or expertise, he admitted.

He asked ministries, agencies, localities, businesses and developers to speed up the development of a healthy and sustainable housing market, particularly for social housing. Issues within their authority must be settled promptly, while more complex matters should be reported to higher levels for further action.

Citing risks of eligibility fraud, he ordered rigorous checks on applicants’ housing and income status, streamlined forms, dual in-person and online submissions via digital platforms, and police verification for informal workers.

The PM pressed for rapid regulatory rollout, asked companies with clean land to partner with localities on tailored projects, and urged collective duty to leave no one behind. He called for tapping every funding stream, central and local budgets, loans, and studying global benchmarks for Vietnam’s rollout.

Additional tasks also went to relevant ministries, agencies, localities and the media.

PM demands stricter oversight to curb property speculation and lower housing costs

Prime Minister Pham Minh Chinh has called for stricter oversight of Vietnam’s real estate market to curb speculation and price manipulation, ensure transparency, and expand access to affordable housing for citizens.

Ministry of Construction reviews progress on social housing projects in Bac Ninh

BAC NINH – A delegation from the Ministry of Construction, led by Deputy Minister Nguyen Van Sinh, inspected the implementation of Vietnam’s national programme to build at least one million social housing units for low-income households and industrial workers in the 2021-2030 period during a visit to Bac Ninh province on October 2.

Bac Ninh awarded by PM for achievements in eliminating temporary housing

BAC NINH – The Central Steering Committee for eliminating temporary and dilapidated housing on August 26 held a nationwide online conference to review the 2025 programme and emulation movement “The whole country joins hands to eliminate temporary housing”. Prime Minister Pham Minh Chinh, head of the steering committee, chaired the meeting.

Implementation results of the 1 million social housing units programme

As of 31 July 2025, Vietnam had 692 social housing projects under way with 633,559 units. According to the Ministry of Construction, completed, ongoing and approved projects account for 59.6% of the programme’s 2030 target of 1,062,200 units.

 

Bac Ninh inaugurates two new social housing towers in Bac Ninh industrial hub

BAC NINH – Authorities in Bac Ninh province on August 19 inaugurated two new residential towers under the Que Vo Hillview social housing project, part of nationwide celebrations marking the 80th anniversary of Vietnam’s National Day on Sept. 2.

Union housing programme offers new homes for struggling workers

BAC NINH - For years, hundreds of trade union members in the northern province of Bac Ninh have celebrated moving into new homes built under the “Trade Union Shelter” programme, a nationwide initiative designed to help disadvantaged families achieve stable housing. The programme, launched by the Vietnam General Confederation of Labour, has become a symbol of solidarity, providing both financial support and community backing.