Hanoi (VNA) – Vietnam completed 170 social and rental housing projects totalling 46,497 units in the first nine months of the year, Deputy Director of the Ministry of Construction’s Department of Housing and Real Estate Market Management Ha Quang Hung told the ministry’s third-quarter press briefing in Hanoi on October 15.
The tally is 48% of the annual target and comprises 38,183 units for sale or rent-to-own and 8,314 rental units.
Construction started on 128 projects with 183,293 units over the period, including 140,492 social housing and 42,801 rental units. The ministry expects 87,601 units to be finished by the end of 2026, of which 69,552 are for sale or rent-to-own and 18,049 are rentals.
Hung said rental housing should be treated as a long-term strategic segment serving a large number of citizens, as directed by Party, State and Government leaders.
Rental apartments are being prioritised in major urban areas, industrial parks, economic zones, key economic areas and important economic corridors. Housing development should be aligned with land-use planning, transport networks, industrial parks and labour markets, especially in transit-oriented development (TOD) areas.
The policy aims to widen housing options, particularly for those who can’t afford to buy, and help stabilise the property market. The State will play an enabling and regulatory role, ensuring reasonable profits for developers while keeping rents affordable.
The ministry is studying how to write these directions into housing policy and legislation. Under the proposed framework, urban and rural plans will have to set aside land for rental housing in special-class, Grade I and Grade II urban wards, TOD areas, and sites near industrial parks, export processing zones, universities and colleges.
The provincial authorities will be responsible for pooling resources for compensation, support and resettlement, and creating clean land for projects. Proposed incentives include exemptions from land-use fees and land rent within project boundaries, tax breaks, preferential loans and support for technical infrastructure connectivity.
Developers could devote part of a project’s area to commercial housing or service and commercial facilities to supplement revenue, subject to legal conditions.
Vietnam has 947 social housing projects in the pipeline, totalling 910,933 units and an estimated 841.338 trillion VND (32.35 billion USD) in investment, according to the ministry.
Of those, 363 projects with 216,626 units are complete, 293 projects with 363,065 units have broken ground, and 291 projects with 331,242 units have received in-principle approval for investment.
Units in projects that are complete, under construction or approved in principle equal 91% of the goal of building at least 1 million social housing units.
To speed up delivery, the ministry asked localities to write social and rental housing targets into their socio-economic development plans and set specific roadmaps covering projects, timelines and resources./.
VNA
See more
Reference exchange rate falls 5 VND on October 16
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,919 VND/USD, and the floor rate 24,355 VND/USD.
Vietnam diversifies products to boost stock market appeal
Alongside a stronger legal framework, adequate liquidity, effective distribution channels and improved investor knowledge are essential to ensuring that new products attract participants and operate efficiently.
Hai Phong city seeks to boost inland waterway transport
According to the Hai Phong Maritime Administration, inland waterways carry coal, agricultural products, ores, stone, cement and other bulk cargoes, helping ease pressure on roads, particularly those connecting seaports and industrial parks.
RoK tops Vietnam’s foreign investors with nearly 103 billion USD in registered capital
Two-way trade topped 80 billion USD in the first eight months of 2026, the highest for that period in any previous year. That builds momentum toward a goal of exceeding 100 billion USD for the first time this year and reaching 150 billion USD by 2030.
Petrol retail prices revised down from 15:00 on October 15
The ministries also drew 500 VND per kg from the fund for fuel oil, financed by a temporary advance from the State budget.
Vietnam, Australia turn momentum into practical cooperation
Vietnam and Australia should focus on promoting two-way investment, expanding cooperation linked to APEC 2027 and making better use of people-to-people connections. Vietnam needs capital, skills, technology, infrastructure, and energy transition expertise - areas where Australia could offer valuable support.
Tay Ninh must strive for 10.5% GRDP growth for 2026: Standing Deputy PM
Tay Ninh’s GRDP grew 10.3% in the first nine months of 2026, the fastest in the southern region and 10th among the country’s 34 cities and provinces. Of which, industry and construction expanded 14%, trade and services 8.49%, and agriculture, forestry and fisheries 3.23%.
Vietnam clears land hurdles to lure new-generation FDI
The Government is prioritising cleared land, digitalised data and streamlined land procedures to draw a new generation of foreign investors.
Vietnam to move PPP bidding online from 2027
From January 1, 2027, PPP project proposals must be submitted through the National E-Procurement System. From September 1, 2027, investor selection for PPP projects tendered through open bidding will move fully online.
EuroCham: Business Confidence Index in Vietnam remains high at 78.3 in Q3
The survey found that 64% of respondents described their current business conditions as good or very good, while 28% maintained a neutral or cautious outlook, reflecting a wait-and-see attitude as international demand remains flat and businesses look for policy momentum to translate into faster procedures and more predictable outcomes.
Vietnam seeks to turn FDI inflows into domestic value added
Vietnam is shifting its FDI attraction strategy from expanding investment volumes to prioritising capital inflows that brings technology, knowledge, modern management practices and stronger links with domestic businesses, particularly in semiconductors, artificial intelligence (AI), chips and renewable energy.
Vietnam backs open, rules-based multilateral trading system: Deputy FM
Vietnam supports an open, rules-based multilateral trading system and is committed to strictly controlling goods’ origin, preventing origin fraud and combating illegal transshipment, said Deputy Minister of Foreign Affairs Nguyen Minh Hang.
Vietnam ties FDI incentives to local supplier commitments
Incentives will increasingly hinge on investors’ performance and commitments, not just on landing projects. Key commitments include transferring technology to Vietnamese firms, training workers, providing technical support and opening FDI supply chains to domestic companies.
Reference exchange rate down 4 VND on October 15
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,924 VND/USD, and the floor rate 24,360 VND/USD.
Mobile phone exports rise 20% to 51.8 billion USD in first nine months
China was the largest destination, with exports valued at 11.3 billion USD, followed by the US at 9.48 billion USD and the Republic of Korea at 5.4 billion USD.
Green SM launches all-electric taxi service in US
The move brings Green SM into one of the world’s most dynamic and demanding markets. It also marks another step in the international expansion of the Vietnamese mobility brand, following its rapid growth across markets in Asia and Europe.
Vietnam strengthens financial cooperation at IMF-World Bank annual meetings
The Vietnamese Governor underscored the complementary roles of global and regional financial cooperation mechanisms, including the Chiang Mai Initiative Multilateralisation (CMIM) and the ASEAN+3 Macroeconomic Research Office (AMRO). He also highlighted the importance of technical assistance in fintech, digital transformation, cybersecurity and risk management.
Vietnam-Cambodia trade expo promotes bilateral economic cooperation
The Vietnam-Cambodia Business Networking and Product Promotion Exposition has become a key trade promotion event, creating business and investment opportunities while strengthening mutual understanding and trust between the two countries’ armies, people and enterprises.
Vietnam, US seek to deepen economic ties, promote high-tech investment
Addressing the summit, Permanent Deputy Prime Minister Pham Gia Tuc said economic ties have entered a new era of growth more than three years after the establishment of the Comprehensive Strategic Partnership.
Australia seeks to strengthen agricultural ties with Vietnam
Hamish McIntyre, President of the National Farmers’ Federation (NFF) of Australia, praised the development of Vietnam’s agricultural market, describing the country as an important partner for Australian businesses.