Tag: rental housing

Northern Quang Ninh Province announced strategic planning and granted investment certificates, which included the groundbreaking of a social rental housing project in Uong Bi Ward.

Policymakers and industry leaders discuss what is needed for affordable rental housing to facilitate Vietnam’s next stage of urban and real estate development.

As part of this strategy, 15 rental housing projects comprising around 4,900 apartments have already been launched.

Mr. Nguyen Van Dinh, Vice Chairman of the Vietnam National Real Estate Association, Chairman of the Vietnam Association of Realtors (VARS), and Director of the Vietnam Institute for Real Estate Research (VARS IRE), tells Huyen Ngan about the need to build a more balanced and sustainable rental housing market.

The government is positioning rental housing as a strategic pillar of Vietnam’s housing policy, aiming to boost supply, improve affordability, and support sustainable real estate market development.

More than 720,000 social housing units currently under development nationwide, equal to 72% of the Government target of one million units by 2030.

The city aims to develop more than 181,000 social housing units during the 2026–2030 period, including approximately 50,000 rental units.

Rental housing considered important in restructuring the real estate market and meeting real housing demand while promoting sustainable urban economic development.

Rental housing, particularly apartment developments in major cities, industrial parks, economic zones, and key economic corridors, is identified as a strategic priority.

Party General Secretary and State President To Lam stressed that citizens should have access to stable, safe and affordable housing suited to eligible beneficiaries, with rental housing becoming a long-term pillar.