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On the morning of July 10, in Hanoi, Him Lam Joint Stock Company held a groundbreaking ceremony for Him Lam Phuc Loi Social Housing Project. With a scale of about 13.5 hectares, the project is expected to provide about 4,700 social housing apartments and about 1,000 commercial apartments, providing accommodation for about 12,500 people, becoming the largest social housing project in the Capital today. Download Delegates pressed the start button for the Him Lam Phuc Loi social housing project - Photo: VGP/Lan AnhThe event marked an important implementation step after the process of preparing and completing investment procedures, and demonstrated the active participation of businesses in implementing the social housing development policy of the Party, State, Government and Hanoi city. Contributing to realizing Hanois goal of 120,000 social housing unitsPhat Speaking at the groundbreaking ceremony, Permanent Vice Chairman of Hanoi Peoples Committee Duong Duc Tuan said that the Him Lam Phuc Loi social housing project has important social significance, contributing to concretizing the policy of the Party, State and Hanoi city on social housing development, gradually meeting the housing needs of low-income people, officials, civil servants, employees, workers and young families in the capital. City leaders recognized and praised the Company. Him Lam Joint Stock Company along with relevant departments, branches, localities and units have urgently completed investment procedures, fully preparing the conditions for the project to start construction as planned. According to Standing Vice Chairman of the City Peoples Committee Duong Duc Tuan, the event not only marks the beginning of a large-scale social housing project but also demonstrates the determination of Hanoi city to accompany capable and dedicated businesses to realize the goal of ensuring housing security. for people. Information about the situation of social housing development in the area, the Standing Vice Chairman of Hanoi Peoples Committee said that implementing the Project to build at least 1 million social housing units by 2030 according to Decision No. 338/QD-TTg dated April 3, 2023 of the Prime Minister, Hanoi has developed a plan with the goal of completing at least 120,000 social housing apartments during the period. 2026-2030. Download Permanent Vice Chairman of Hanoi Peoples Committee Duong Duc Tuan spoke at the ceremony - Photo: VGP/Lan Anh. The city has also adjusted the Housing Development Program for the period 2021-2030, determining the need for social housing in the period 2026-2030 of about 7.11 million m2 of floor space, equivalent to more than 120,000 apartments. At the same time, Hanoi is implementing procedures to adjust the social housing development target for the 2021-2025 period from 1,215 million m2 of floor space, equivalent to about 25,000 apartments to about 1,516 million m2 of floor space, equivalent to about 30,000 apartments. This is a great political determination, demonstrating the citys responsibility for ensuring social security and improving quality of life. of the people of the Capital. Permanent Vice Chairman of the City Peoples Committee. Hanoi Duong Duc Tuan said that currently in the city there are 116 social housing projects with about 101,300 apartments that have been approved by the City Peoples Committee for investment policy and are being implemented. In addition, Hanoi is implementing 24 housing projects for the armed forces (Peoples Police) with a scale of about 88.24 hectares, equivalent to 23,633 apartments; At the same time, we agreed with the Ministry of National Defense on 15 land locations planned for social housing development with a total area of about 18.8 hectares. In the context of housing needs of workers and low-income people in the Capital continuing to increase, the implementation of large-scale social housing projects is considered one of the important solutions to realize the goal of housing development, ensuring social security and promoting sustainable urban development. Boldly transform to Meeting social needs Speaking at the ceremony, Mr. Duong Cong Minh, key shareholder of Him Lam Joint Stock Company, Chairman of the Board of Directors of Sacombank said that the groundbreaking ceremony of Him Lam Phuc Loi social housing project is a special milestone for the business after many years of preparing and completing investment procedures. Download Mr. Duong Cong Minh, Key Shareholder of Him Lam Joint Stock Company, Chairman of the Board of Directors of Sacombank spoke at the ceremony - Photo: VGP/Lan AnhEstablished in 1994, Him Lam Joint Stock Company is one of the enterprises with extensive experience in the field of real estate development. With the orientation of linking production and business efficiency with community responsibility, for more than 30 years of operation, the enterprise has participated in sponsoring many cultural and educational projects in many localities across the country. In the field of housing development, Him Lam has proactively participated in social housing programs in many provinces and cities. Particularly in Hanoi, in addition to the Thuong Thanh social housing project with a scale of about 2,000 apartments, the enterprise continues to deploy the Him Lam Phuc Loi social housing project with a scale of about 5,700 apartments. Mr. Duong Cong Minh emphasized that, responding to the Party, State and Governments policies on social housing development as well as the goal of building at least 1 million social housing units by 2030, Him Lam Joint Stock Company has boldly adjusth investment orientation, converting the previously approved project from a commercial housing model to social housing. Accordingly, the enterprise has been approved by the Hanoi Peoples Committee to adjust the investment policy from a commercial housing project to the Him Lam Phuc Loi Social Housing Project in Decision No. 4609 dated September 5, 2025. This is considered
