On the afternoon of May 25, the Ho Chi Minh City Labor Federation (LĐLĐ) signed a memorandum of understanding on cooperation in housing development for workers and laborers in Ho Chi Minh City with Go Holdings Group Joint Stock Company.
Accordingly, the two sides will study and coordinate investment and development of housing projects for workers, laborers, low-income people and beneficiaries of social housing policies in Ho Chi Minh City; coordinate to prepare, complete and submit investment procedures, planning, land, construction and other related legal procedures in accordance with legal procedures and current legal regulations.
At the same time, study appropriate forms of investment and types of social housing products, including leasing, leasing-purchasing, purchasing and/or other forms according to current legal regulations; coordinate in appraising and selecting cases that meet the conditions for purchasing, leasing-purchasing, and renting social housing in accordance with current legal regulations; ensure publicity, transparency, correct subjects and prevent acts of policy profiteering.
In the first phase, the two sides focused on coordinating research, promotion and implementation of housing projects for workers and laborers in the Binh Khanh - Can Gio area with an expected scale of about 3,000 units. Based on the results of the first project implementation, the two sides set a goal to coordinate to develop and complete at least 10,000 housing units for workers and laborers by 2030, contributing to the implementation of Ho Chi Minh City's social housing development goals.
The implementation of each specific project will be carried out according to legal documents, planning, land fund, capital sources, actual needs and approval of competent state agencies.
On this occasion, the Ho Chi Minh City Labor Federation also signed a memorandum of understanding on cooperation in housing development for workers and laborers in Ho Chi Minh City with Le Nguyen Landfill and Construction Co., Ltd., with the goal of coordinating to develop and complete at least 5,000 houses for workers and laborers by 2030.
Thus, to date, the Ho Chi Minh City Labor Federation has signed cooperation minutes with 6 businesses to develop 115,000 houses for workers and laborers.
This is a practical action to celebrate the 14th Vietnam Trade Union Congress and contribute to the implementation of the goal of developing 200,000 social housing units by 2030 in Ho Chi Minh City according to Plan No. 06-KH/TU dated July 30, 2025 of the Ho Chi Minh City Party Committee.
