Bac Ninh promotes progress of many rental housing projects

Trần Tuấn |

Bac Ninh Provincial People's Committee has just issued an official dispatch on accelerating the progress of implementing rental housing projects.

According to the direction of the Chairman of Bac Ninh Provincial People's Committee, Fugiang Co., Ltd. urgently completes legal procedures to organize the inauguration ceremony and put into long-term lease of 3 high-rise buildings A11, A13 and A15 (belonging to the Van Trung social housing project, Nenh ward - PV) on June 13, 2026.

The Department of Construction shall preside over and coordinate with relevant agencies to inspect and guide businesses to complete the preparation for the inauguration ceremony, to be completed before June 8, 2026.

The Management Board of Industrial Parks of the province directly works, urges, and creates conditions for Victory Giant Technology Co., Ltd. to start the project of accommodation facility for long-term workers in VSIP Bac Ninh II Trade and Service Industrial Park in June 2026.

At the same time, support Lens Vietnam Technology Co., Ltd. to start the accommodation facility project for long-term hired workers in Quang Chau Industrial Park in July 2026.

In addition to promoting ongoing projects, Bac Ninh Provincial People's Committee also requested the Department of Construction to urgently appraise investor approval dossiers for new social housing projects.

In which, it should be noted that in favorable locations, there is potential to increase the long-term rental housing ratio to over 20% of the total number of social housing units, contributing to diversifying the housing supply for people and workers.

The Department of Finance urgently submits supplementary funding for the project of Renovation and repair of Block B - Student Housing Area for the Provincial Land Fund Development Center to accelerate the project implementation progress, ensuring completion ahead of schedule in September 2026, meeting the urgent housing needs for officials, civil servants, and employees after the province's merger.

In the immediate future, Bac Ninh Provincial People's Committee allows the Provincial Land Fund Development Center to advance from the unit's revenue for the project; the reimbursement source is taken from the supplementary allocation of the provincial budget.

The simultaneous promotion of rental housing and worker accommodation projects is expected to contribute to solving urgent housing needs, creating conditions to stabilize the lives of workers, and at the same time supporting investment attraction and socio-economic development in Bac Ninh province.

In January 2026, Lao Dong Newspaper had an article: Social housing project in Bac Ninh causes waste due to slow lease and purchase, reflecting the fact that the Van Trung social housing project (Nenh ward, Bac Ninh province) invested by Fugiang Co., Ltd. (Foxconn Vietnam's subsidiary - PV) has completed 3 buildings with nearly 300 apartments for many years, but by January 2026, the plan and rental and purchase prices have not been announced.

At one point, this social housing project even allowed foreigners to live in, a sign of violating regulations. Meanwhile, the demand for social housing for workers in the area around this project is very large.

Trần Tuấn
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