June 27, 2026 | 14:12

Construction ministry urges provinces to launch rental housing projects

Phan Nam

Localities are required to break ground on at least one rental housing project.

Construction ministry urges provinces to launch rental housing projects

The Minister of Construction has instructed all provinces and cities to break ground on at least one rental housing project by the end of June and begin implementing larger-scale rental housing developments over the following two quarters.

The directive, issued on June 23, calls on local authorities to accelerate rental housing development during 2026 and the 2026-2030 period, in line with the Government's long-term housing strategy.

The directive outlines nine priority tasks for local governments.

First, provinces are required to assess rental housing demand and finalize development plans by the end of June 2026. Second, they must promptly begin publicly funded rental housing projects, with implementation targeted for completion in the third quarter of this year. The ministry also called for accelerated development of worker accommodation to support industrial zones.

Local authorities have been instructed to reserve well-connected, infrastructure-ready land for rental housing and social housing projects while ensuring social housing construction targets are met. The ministry also encouraged policies that support individuals and households in developing rental properties.

In addition, cities and bprovinces are required to improve the management and utilization of publicly owned housing assets by July 2026 and undertake comprehensive administrative reforms to simplify investment procedures for rental and social housing projects.

The minister stressed that reducing administrative barriers and ensuring effective coordination among local agencies will be essential to accelerating project implementation and expanding the supply of affordable rental housing.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate