housing policies

Update news housing policies

1,200 apartments in two projects in Hanoi open for purchase by foreign nationals

Hanoi’s authorities have granted approval for more than 1,200 apartments in two prominent residential projects, Lumi Hanoi and Heritage West Lake, to be sold to foreign buyers.

Hanoi offers high-end apartments for foreign ownership amid growing demand

Hanoi has announced five residential projects that allow foreign ownership, with prices between 60 and 100 million VND ($2,500 - $4,200) per square meter.

Ministry proposes foreigners to be able to own houses in Vietnam

Foreigners are entitled to own houses for a limited time but cannot own land; when the ownership period expires, they can extend once and be allowed to buy and sell houses like domestic citizens.

New policies needed to meet workers’ housing needs

HCM City is home to thousands of migrant labourers working in industrial parks (IPs) and export processing zones (EPZs), but its housing projects meet only a fraction of the demand for stable accommodations.