The Government is set to make rental housing a strategic pillar of its housing market as the Government shifts from an ownership-focused approach toward a model centred on housing access and use, according to Minister of Construction Tran Hong Minh.

Ho Chi Minh City currently has more than 7.5 million workers directly contributing to the city’s development. In recent years, to help workers feel secure in dedicating themselves to their jobs, the city authorities have been making efforts to implement housing policies, which have long been the dream and concern of many people.

The Ministry of Construction has issued Official Dispatch No. 08/CD-BXD to the chairpersons of People’s Committees of centrally governed provinces and cities, calling for an acceleration in the development of social housing in order to successfully fulfil the targets set out in the government’s Resolution No. 07/NQ-CP.

The Ho Chi Minh City Labour Federation and Phu Cuong Group Joint Stock Company signed a memorandum of understanding on cooperation to implement social housing projects for workers and labourers in Ho Chi Minh City.

Tet is the most sacred moment of the year, a time of reunion and togetherness. However, for various reasons, some workers are still unable to return to their hometowns and choose to stay in Ha Noi to make a living.

With nearly 1,000 apartments, the Sa Pa Social Housing Project in the Northwest Reserve Area is of great significance in meeting Lao Cai province’s targets for social housing development by 2025, with a vision to 2030, in line with the government’s directive.

Prime Minister Pham Minh Chinh on December 17 called for stronger, more coordinated efforts to meet housing demand and ensure people’s right to housing, while chairing the fourth meeting of the Central Steering Committee for Housing Policy and Real Estate Market.

Lawmakers directed the Cabinet to overhaul securities market rules and push ahead next year with deeper restructuring of state-owned enterprises to boost efficiency and curb waste of state capital.

Localities are striving to overcome difficulties to complete the scheme on “Investing in the construction of at least one million social housing units for low-income earners and industrial park workers by 2030” on schedule. Of this, more than 100 thousand social housing units are expected to be completed by the end of 2025.

Prime Minister Pham Minh Chinh, Head of the Central Steering Committee on Housing Policy and Real Estate Market, chaired the committee’s third meeting on the morning of November 11.

Social housing is not only an essential need of the people but also one of the key policies, demonstrating the deep concern of the Party and the State in ensuring social security. This programme has been implemented, with notable highlights in Hue and Can Tho, contributing to enhancing the quality of life.

Hung Yen Province, currently undergoing industrialisation and modernisation process, attracts a large number of workers from within and outside the province to its industrial zones, clusters, and economic areas. As a result, the demand for social housing for workers is rising sharply. This issue is being actively addressed by the provincial authorities.

The policies related to social housing and the implementation must be designed to offer the greatest convenience for homebuyers, avoiding any distortion or misinterpretation of these policies, Prime Minister Pham Minh Chinh stressed on October 24.

Viet Nam’s multidimensional poverty rate has fallen from 4.4% in 2021 to 1.3% in 2025, a decline of 3.1 percentage points over the five-year period, according to the Government’s Summary Report on the Implementation of the 2025 Socio-Economic Development Plan and the 2021–2025 Five-Year Plan, and the Draft 2026 Socio-Economic Development Plan.

Prime Minister Pham Minh Chinh issued an official dispatch on October 7, directing ministers, heads of ministry-level and Government agencies, and chairpersons of provincial and municipal People’s Committees to resolutely implement measures to increase housing and real estate supply, reduce prices, and stabilise the market.

Thai Nguyen is home to hundreds of thousands of workers in industrial zones and clusters – a figure that will continue to grow rapidly in the coming years. The demand for social housing is therefore enormous and increasingly urgent. Recently, several projects have been launched, making the dream of stable housing a reality for many low-income earners.

Prime Minister Pham Minh Chinh made an inspection tour of the West Sky social housing complex in the Ecogarden urban area and the newly inaugurated Nguyen Hoang Bridge across the Huong River in the central city of Hue on July 26.

Deputy Prime Minister Tran Hong Ha chaired a meeting on July 25 to provide feedback on a draft decision by the Prime Minister regarding adjustments to the targets for the completion of social housing by 2025 and subsequent years up to 2030, for integration into local socio-economic development goals.

The National Assembly recently approved a resolution piloting a set of special measures to promote social housing development, offering comprehensive solutions, ranging from land access and financing to incentive mechanisms. Experts believe this represents a strong push, reflecting the State’s determination to address the urgent need for affordable housing.

Prime Minister Pham Minh Chinh on June 2 chaired a conference to implement the National Assembly's Resolution 201/2025/QH15 on piloting special mechanisms for social housing development and review progress in the first five months of 2025.