June 30, 2026 | 07:30

HCM City accelerates social housing program

Hồng Vinh

Construction of nine projects with 11,000 apartments have been commenced since the beginning of 2026.

HCM City accelerates social housing program
Photo for illustration.

Ho Chi Minh City has accelerated its social housing program, with nine projects comprising nearly 11,000 apartments breaking ground since the beginning of 2026.

A total of 19 projects, providing around 19,000 units, are currently under construction.

In the third quarter of 2026, the city plans to launch another 59 projects with approximately 54,900 apartments. During the 2026-2027 period, authorities aim to complete 78 projects delivering about 73,800 social housing units, while closely monitoring the progress of ongoing developments.

Under targets assigned by the Government, Ho Chi Minh City is required to develop 199,400 social housing units by 2030, including 181,257 units to be completed during 2026-2030. The city is also promoting rental housing to better meet the accommodation needs of workers and low-income households.

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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.
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