A bank employee in Hanoi revealed that he earns about VND55 million per month, a relatively high income today. But after many years of working, he still cannot buy a home.

Hanoi plans to break ground on a pilot rental housing project as early as June in what city leaders describe as a major shift away from the traditional mindset of property accumulation toward meeting real housing needs.

Starting March 1, 2026, every real estate property in Vietnam will be issued a unique electronic identification code under a new national housing and real estate data system.

The Government has issued a decree detailing the establishment of the national housing fund and measures to implement the NA’s Resolution No. 201/2025/QH15, adopted in May on piloting special mechanisms and policies to develop social housing.

Vietnam's housing prices are soaring. A draft resolution proposes structural reforms to regulate the market and reduce speculation-driven inflation.

A recent proposal to limit credit for buyers of second homes may sound bold, but it lacks legal standing and market logic, potentially doing more harm than good to Vietnam’s real estate and financial systems.

Decree No. 75 enables developers to build housing projects through direct land-use agreements, boosting legal clarity and project execution.