Speaking at the groundbreaking ceremony for the social housing project for workers at the Yen My II Industrial Park, Tran Kien Cuong, Director of Hoa Phat Yen My Urban Development Joint Stock Company, said that this project is among the group’s concrete implementation of the Government's programme to develop at least one million social housing units by 2030.
“We are committed to implementing the project on schedule, ensuring quality and technical standards, creating a modern living environment with synchronous utilities to meet the long-term housing needs of workers in industrial zones and local residents,” he said.
The project’s first apartment blocks are expected to be completed and handed over for use by June 2027, helping to address the acute housing demand and improve the quality of life for workers in industrial zones.
The project covers a total area of 31 hectares, with an investment of nearly 5 trillion VND. It includes 27 apartment blocks with a maximum height of 11 floors and a total floor area of nearly 580,000 square metres. Apartments range from 36 square metres to 70 square metres, arranged with one to three bedrooms.
During the 2021–2030 period, Hung Yen province has been assigned by the Prime Minister to build 42,500 social housing units.
The project also includes commercial houses on an area of more than 2.3 hectares.
The project allocates about 1.9 hectares for a central park axis, children’s playgrounds, jogging paths, a square, sports areas, campgrounds, and a lake.
A pedestrian street is arranged along the low-rise housing rows. Each apartment cluster includes community spaces such as a community library, playgrounds, walking paths, and amenity services for residents.
Social infrastructure includes a cultural house of over 2,000 square metres, medical services of nearly 6,000 square metres, schools covering 11,200 square metres, and a commercial service area of more than 4,500 square metres.
According to the report of the provincial People’s Committee, during the 2021–2030 period, the province has been assigned by the Prime Minister to build 42,500 social housing units. Of these, about 13,100 units are targeted for the 2022–2025 period, and approximately 29,400 units for 2026–2030. Specifically, for 2025, Hung Yen is tasked with building 1,750 units.
From 2021 to 2024, the province completed two social housing projects with a total of 1,002 apartments. Currently, the province is continuing implementation of four projects with a total scale of 3,588 units.
In 2025, three projects will be completed, providing 2,097 social housing units.
Among these, the low-income housing project in Hien Nam Ward, managed by Hung Yen Housing Investment and Construction Joint Stock Company, includes 1,088 units and is currently under foundation construction. The Lac Hong Phuc social and commercial housing project in My Hao Ward, invested by Lac Hong Phuc Development Joint Stock Company, is completing three apartment blocks with 649 units. Social housing in the Pho Noi Industrial Park housing and service area, managed by Tan Sang Trading and Service Joint Stock Company, is currently constructing two nine-storey blocks.
Construction of social housing in Pho Hien Ward, Hung Yen Province.
However, implementation of social housing projects in Hung Yen Province still faces many difficulties and obstacles. Investors find it hard to access preferential credit sources, while the rising costs of construction materials and labour increase the price of social housing.
Moreover, businesses in industrial zones that wish to develop social housing for their workers still encounter difficulties in recovering capital and in resolving land fund issues. Therefore, many companies only support part of the workers’ rental costs rather than directly investing in housing construction.
Additionally, procedures for selecting investors for social housing projects remain complicated and time-consuming, reducing the effectiveness of investment attraction efforts.
Hung Yen provincial authorities have reviewed and supplemented urban and industrial zone planning, ensuring sufficient land is allocated for social housing development.
To overcome these difficulties and promote sustainable development of the social housing market, Hung Yen provincial authorities have reviewed and supplemented urban and industrial zone planning, ensuring sufficient land is allocated for social housing development.
Selected social housing locations are prioritised, especially those near urban and industrial areas, chosen for their suitability, convenience, connectivity and synchronised infrastructure to attract residents and workers.
Functional agencies have strengthened inspection, supervision, and monitoring of social housing project implementation. Greater effort has also been made to actively implement Official Dispatch No. 843/UBND-KT1 issued by the People’s Committee aimed at accelerating the social housing development in the locality, underscoring the determination to meet housing demand and improve workers’ living conditions.
