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Driving forces for social housing development
The HCMC government has set a target of building 93,000 new social homes in the next 10 years, creating good business opportunities for many companies in the industry. However, there is a lot of work to be done to achieve the target.
Social housing projects halted by capital shortage
People with low-incomes are now confronting a crisis as the preferential loan package of VND30 trillion (US$1.3 billion) for affordable home purchases ended in 2016, with no workable alternative currently on offer.
