The prime minister has agreed to the Ministry of Construction's proposals to raise the income threshold for purchasing social housing.

The city has begun construction on over 860 apartments at 4 Phan Chu Trinh, Binh Thanh ward, to resettle residents affected by the Xuyen Tam canal project.

Dr. Tran Du Lich asserts that Vietnam's real estate market suffers from a significant structural imbalance, with products primarily aimed at the wealthy for investment and speculation.

526 apartments, with a total investment of nearly 450 billion VND, have broken ground in Dong Thap province. The project aims to meet the housing needs of 2,000 workers and low-income earners and is expected to be completed within a year.

The politburo has requested the government to explore and propose institutionalizing the national assembly's resolution on piloting specific mechanisms and policies for social housing development, aiming to broaden eligibility for purchasing and renting.