Developing social housing for rent, not following the trend, fragmented

PHẠM ĐÔNG |

The Prime Minister requested to adjust social housing policies, promote rental housing to suit affordability, not follow the trend, not do it fragmentedly.

On January 13, at the Government Headquarters, Politburo Member, Prime Minister Pham Minh Chinh - Head of the Central Steering Committee for Housing Policy and Real Estate Market chaired the 5th Meeting of the Steering Committee.

Speaking at the opening ceremony, the Prime Minister emphasized that the right to housing is a basic right of citizens, in which housing is an essential need of every citizen.

Housing development is an important pillar of social security policies, and also a driving force to promote growth and stabilize the labor market, and sustainable socio-economic development.

In 2025, more than 102,000 social housing units (NOXH) were completed, aiming to complete 1 million NOXH units soon by 2028.

According to the Prime Minister, the current housing demand is not only limited to ownership, but is also shifting strongly to renting or buying to stabilize housing for a long time, suitable for affordability, job characteristics and labor migration process.

Therefore, social housing policies also need to be adjusted in the direction of restructuring people's housing in a sustainable direction, gradually reducing the mindset of chasing quantity, ensuring that everyone has the opportunity to access safe housing, suitable to their conditions and needs.

At the same time, identifying the development of social housing for lease as an important task, fundamental and long-term, not doing it according to the trend, not doing it fragmentedly.

The Head of Government requested delegates to focus on assessing the implementation of tasks assigned at previous meetings, especially the housing situation and the real estate market; the credit situation for the real estate sector.

Proposing targets for social housing for rent in 2026 and the following years, especially provinces and cities with large urban areas, industrial parks, and labor-intensive areas.

Unify solutions for organizing implementation in the coming time, especially promoting administrative procedure reform, cutting unnecessary intermediaries; putting social housing projects, especially social housing for lease, into the "green channel", "priority channel" when carrying out procedures.

Thu truong Bo Xay dung Nguyen Van Sinh bao cao tai phien hop. Anh: VGP
Deputy Minister of Construction Nguyen Van Sinh reports at the meeting. Photo: VGP

According to the Ministry of Construction - the standing agency of the Steering Committee, in the past time, especially in 2025, housing policies and the real estate market continued to be concerned and completed.

The Prime Minister issued 1 decision, the Minister of Construction issued 1 circular; and at the same time issued guidelines on determining the subjects, conditions, and criteria for preferential loans to develop social housing, housing for the armed people, and worker dormitories in industrial parks, renovating and rebuilding apartments.

Implementing the direction of the Prime Minister, ministries and sectors are also urgently proposing the establishment of a "Real Estate and Land Use Rights Transaction Center" established by the State; are completing the Decree amending and supplementing a number of articles of decrees in the field of housing and real estate business.

Ministries and sectors coordinate with localities to review and promote the establishment of the National Housing Fund; review and abolish procedures for registering contracts according to forms and general transaction conditions for the purchase and sale of apartments, causing barriers and difficulties for businesses.

Review and clarify housing rental needs, and at the same time propose targets for housing development for rent in 2026 and the following years in the 2027-2030 period.

PHẠM ĐÔNG
RELATED NEWS

Prime Minister assigns deadline for building real estate and housing database

|

The Prime Minister requested the urgent construction of a database on the real estate market, commercial housing, and social housing, to be completed in the first quarter of 2026.

Reclaim social housing if false declaration is detected

|

The Prime Minister requested verification of the correct subjects, meeting social housing conditions; the project investor is not allowed to collect deposits outside of regulations.

Consider reducing interest expenses for social housing when calculating personal income tax

|

The National Assembly delegate proposed to consider reducing interest expenses for buyers of social housing or first homes when calculating personal income tax.

Mr. Trump declares 25% tax on countries doing business with Iran

|

The Trump administration is increasing trade pressure as Iranian tensions escalate along with a large wave of protests.

Forecast of the time when the North will turn deeper cold due to a new cold air wave

|

According to the meteorological agency, it is forecasted that from about January 21, the North will likely be affected by a cold air wave causing the temperature to drop and the weather to be colder.

Enforce, cut off electricity and water, recover 76,764m2 of agricultural land for museum construction

|

Hanoi - From January 13, Kieu Phu Commune People's Committee began to enforce the coercion of agricultural land plots, preparing ground for the museum project.

Gold price today 13.1: High but potentially risky

|

Gold price today 13.1: Maintaining at a very high threshold. The buying - selling difference is still very high, causing investors to face risks.

Quang Trung campaign revives shelters in flood-stricken areas of Lam Dong

|

Lam Dong - People in the flood center area in Ham Thang ward happily inaugurate houses in the "Quang Trung Campaign" after the natural disaster.

Prime Minister assigns deadline for building real estate and housing database

PHẠM ĐÔNG |

The Prime Minister requested the urgent construction of a database on the real estate market, commercial housing, and social housing, to be completed in the first quarter of 2026.

Reclaim social housing if false declaration is detected

PHẠM ĐÔNG |

The Prime Minister requested verification of the correct subjects, meeting social housing conditions; the project investor is not allowed to collect deposits outside of regulations.

Consider reducing interest expenses for social housing when calculating personal income tax

Phạm Đông |

The National Assembly delegate proposed to consider reducing interest expenses for buyers of social housing or first homes when calculating personal income tax.