Politburo member and Prime Minister Pham Minh Chinh has just signed Decision No. 444/QD-TTg dated February 27, 2025, assigning the target of completing social housing in 2025 and the following years until 2030 for localities to add to the socio-economic development target.
Accordingly, the target for social housing in localities to be completed in the 2025-2030 period is 995,445 apartments.
On April 3, 2023, the Prime Minister issued Decision 338/QD-TTg approving the Project "Investing in the construction of at least 1 million social housing apartments for low-income people and industrial park workers in the period of 2021-2030".
The project aims to develop social housing and workers' housing at prices suitable for the affordability of middle-income and low-income households in urban areas and workers and laborers in industrial parks and export processing zones.
The State encourages economic sectors to develop housing to create conditions for people to have housing according to market mechanisms, meeting all needs of the people, and at the same time has policies to support housing for social policy beneficiaries, low-income people and poor people facing housing difficulties to contribute to political stability, ensure social security and develop urban and rural areas in a civilized and modern direction.
The project strives to complete a total of about 1,062,200 apartments in each locality by 2030.
In Decision No. 444/QD-TTg dated February 27, 2025, the Prime Minister assigned the target of the number of apartments that localities must complete in the 2025-2030 period to 995,445 apartments; of which in 2025 there will be 100,275 apartments, in 2026 there will be 116,347 apartments, in 2027 there will be 148,343 apartments, in 2028 there will be 172,402 apartments; in 2029 there will be 186,917 apartments and in 2030 there will be 271,161 apartments.
