social housing project

Update news social housing project

All Vietnamese are to have decent houses of their own

Nguyen Van Ly, deputy director general of the Viet Nam Bank for Social Policy, speaks to the newspaper Nông thôn Ngày nay about the challenges the bank has faced over the last five months implementing the Government Decree 100/2015

State employees complain of higher rent, shoddier social housing apartments

 VietNamNet Bridge – Residents of a social housing project in Ha Noi are complaining that while the infrastructure is deteriorating, their rent keeps rising and is way beyond what State employees can afford.

Real estate credit package set to be unveiled

 VietNamNet Bridge – The official information on VND100 trillion (over US$4.76 billion) credit package for the domestic real estate market may be announced next month.

Social Headlines December 23

 Cold spell continues in northern areas; Man killed in road accident; Two miners die at stone mine rockslide; Former taxi drivers put in jail for fraud; Health Ministry cracks down on food safety; Ha Noi launches new online bus map

Oversupply of low-cost houses warned

The government has every reason to encourage developing low cost housing projects. However, the overly high investments in the market segment may lead to the oversupply.

$1.4b housing loan package faces hurdles

 VietNamNet Bridge – On May 28 the Housing and Urban Development Corporation and Viet Nam BIC jointly broke ground for a social housing project in Ha Noi's Linh Dam new urban area.