According to Mr. Nguyen Hoan Vu - General Director of the Industrial Investment and Development Corporation - JSC, in 2025, the enterprise started construction of the social housing project in Zone 6 Viet Sing in Thuan An Ward, Ho Chi Minh City.
This project is invested with a total capital of 1,590 billion VND. This project will build 5 blocks of 22 floors high houses and 1 block of 7 floors high parking lot on an area of 19,503 m2. The project will build 136,000 m2 of floor space in 2 years, providing the market with 1,867 apartments.
The project is invested by the Industrial and Development Corporation - JSC, in cooperation with Binh Duong Trading and Development Joint Stock Company. The project aims to contribute to the implementation of the Party and State's policies and guidelines on ensuring social security and developing housing for low-income workers.
The project will build quality apartments with areas and selling prices suitable for the income of workers in Thuan An and Di An areas.
Currently, the project has completed the hard work to the 7th floor. The construction is being accelerated by contractors.
According to records, there is a large residential area around the project. In Thuan An ward, there are VSIP, Viet Huong industrial parks and hundreds of companies located in residential areas.
This is a locality with a large concentration of workers and many people who are in need of buying social housing. Previously, the Industrial Investment and Development Corporation - JSC invested in many social housing areas in this area with selling prices from 100-300 million VND per apartment with an area of 25-35 m2. The housing areas have created settlements for thousands of workers.
