Property

The Government leader also called for the rapid implementation of large-scale rental housing projects in the third and fourth quarters of this year.

The target contributing to the province’s broader goal of nearly 4,963 units under its social housing development plan.

Hanoi encourages strategic private investors with strong financial capacity, extensive experience, and the ability to implement synchronized infrastructure to participate in these projects in accordance with legal regulations.

Hanoi’s retail property market has witnessed a clear shift in recent times from central areas to relatively new urban hubs.

This marks the seventh time the city has released a list of qualified projects, bringing the total number of approved developments to more than 130.

Housing demand among Vietnam’s Millennials and Gen Z remains structurally strong, although the pace of purchasing activity is changing due to some pressures.