The Ministry of Construction is drafting a National Assembly Resolution to pilot a number of specific mechanisms and policies for social housing development.
Explaining the practical basis and necessity of issuing the Resolution, the Ministry of Construction said that from 2021 to present, 655 social housing projects have been implemented nationwide with a scale of 593,428 units.
Of which, 103 projects have been completed with a scale of 66,755 units; 137 projects have started construction with a scale of 114,618 units; 415 projects have been approved for investment with a scale of 412,055 units.
Thus, with the number of 66,755 apartments completed to date, only about 15.6% of the Project's target by 2025 has been achieved.
Recently, the promulgation of the Housing Law 2023 and its guiding documents have been assessed by public opinion and the people as a draft law with many new policies coming into life.
The 2023 Housing Law strengthens decentralization, delegation of authority, and reform of administrative procedures in conjunction with control and supervision of implementation, ensuring unified management from the central to local levels; establishing control tools for competent agencies and individuals in managing and developing housing; effectively using economic tools to promote housing development, including social housing.
The 2023 Housing Law has new regulations on social housing policies, developing worker accommodation in industrial parks, housing for the people's armed forces, and strengthening the role of local authorities and the Vietnam General Confederation of Labor in caring for housing for people and workers.
Despite achieving some important results, the development of social housing still has some shortcomings and limitations such as:
There is no Financial Fund to support financial resources for localities and businesses to implement social housing projects.
Currently, the selection of investors for social housing construction investment projects is carried out according to the provisions of Article 84 of the 2023 Housing Law, with the following forms:
Assign investors of commercial housing construction investment projects to directly invest in social housing construction (for a 20% land fund in commercial housing construction investment projects).
Approved the investment policy and approved the investor as the investor when having land use rights.
To be approved as an investor when only 1 investor is interested according to the provisions of the law on bidding.
Bidding in cases where 2 or more investors are interested.
The bidding to select investors, although amended and supplemented, aims to ensure consistency and unity with the law on bidding. However, implementing this regulation will require administrative procedures and take a lot of time.
The Ministry of Construction also said that the investment project of social housing construction must carry out procedures for approving investment policies such as commercial housing projects with the participation of coordination of many agencies such as the Ministry of Defense, the Ministry of Public Security, the Department of Finance, the Department of Agriculture and the Environment, the Department of Construction, which is time -consuming for businesses.
Social housing construction investment projects must carry out planning, design, investment preparation, investment implementation, and prolong the implementation time of the investor. This leads to high cost, slow land use, and waste of land resources.
Enterprises, cooperatives, and unions of cooperatives producing in industrial parks are not allowed to rent social housing from investors to their individual employees to live in, while these enterprises have a legitimate need to care for the lives of employees; employees and workers do not have a need to buy.
There are no regulations for localities to use the State Budget to carry out site clearance, invest in synchronous technical infrastructure systems and support, create land funds, and clear land for social housing development.
The standard profit of investors in social housing construction investment projects (10%) has not really attracted businesses to participate in investing in social housing construction.
The Ministry of Construction emphasized that the above issues have required research and development of a National Assembly Resolution allowing a pilot: "Some specific mechanisms and policies for social housing development" to speed up progress and shorten the construction time of social housing investment projects.
