📋 Tender Overview
The Ministry of Construction has just sent a document to the Peoples Committees of provinces and centrally run cities requesting comments on the Governments draft Resolution on piloting the development of affordable commercial housing. Download The Prime Minister requested the Ministry of Construction to research and propose to develop policies for the housing segment for groups of people with an average income of over 20 million VND/month - Photo: XD Newspaper According to the text, on February 24, the Government Office announced the issuance of the conclusions of Prime Minister Pham Minh Chinh at the 5th meeting of the Central Steering Committee on housing policy and real estate market. Ensuring peoples equal access to housing At the meeting Currently, the Prime Minister requested the Ministry of Construction to research and propose to develop policies for the housing segment for people with an average income of over 20 million VND/month. Policies are oriented to suit the economic development conditions of each locality, ensuring compliance with market rules, while increasing housing supply for many different segments. The goal is to ensure peoples equal access to housing, consistent with actual conditions and circumstances. To carry out assigned tasks, the Ministry of Construction has researched and developed a draft Resolution of the Government, accompanied by a draft report. Pursuant to the provisions of Clause 2, Article 5 of Resolution No. 206/2025/QH15 of the National Assembly on a special mechanism to handle difficulties and obstacles due to legal regulations, the Ministry of Construction proposed Peoples Committees of provinces and centrally run cities urgently have comments on the draft Resolution dossier. Comments are requested to be sent to the Ministry of Construction (address 80 Tran Hung Dao, Cua Nam ward, Hanoi) before February 28, 2026 for synthesis and reporting to the Government. The Ministry of Construction said that in recent years, the prices of houses, land and many types of real estate have tended to increase year by year. In particular, the prices of apartments, townhouses, villas and land (for people to build houses) have had the highest increase; The average increase is about 10 - 15% a year, with some periods increasing up to 30%. The increase in housing and land prices is much higher than the increase in average income, making peoples ability to access housing and land more difficult. The escalating real estate prices show no signs of stopping. In addition, the supply of housing products is mainly high-end and mid-range segments, with a lack of real estate products that are housing at prices suitable for the majority of peoples ability to pay. Mechanisms and policies on social housing have been completed and implemented. achieved many positive results in recent times. However, there are not many social housing projects and need state support, especially the land use fee exemption mechanism and infrastructure investment support, which only focuses on partially solving accommodation for low-income groups. Meanwhile, in reality, there are still many middle-income earners who still have difficulty finding housing at current housing prices, especially in large urban areas. According to the 2026 housing real estate industry outlook report recently announced by Vietcombank Securities (VCBS), in 2025, real estate in the North will record a sharp increase in prices on a large scale. The increase is concentrated in large urban areas and satellite areas that benefit from planning, especially key infrastructure projects such as Ring Road 4. The main reason comes from the mismatch between supply and demand. The mid-range and affordable housing segments continue to be scarce, while investors prioritize the development of high-end products to improve profit margins in the context of escalating input costs. VCBS also assesses that the real estate price-to-income index in Hanoi will increase sharply in the period 2024 - 2026. Accordingly, this index from 19.6 in 2024 to 24.7 in 2025 and is expected to reach 31.1 in 2026, reflecting the rapid decline in housing affordability. According to VCBS, the price level of apartments in the North has now exceeded the affordability of most buyers as well as the actual efficiency of rental exploitation. Therefore, from the end of 2025, the upward momentum begins to slow down as many areas approach the peak of the long-term cycle, causing both real estate buyers and investors to become more cautious. In that context, cash flow tends to leave saturated price markets to seek opportunities in areas with room for growth. The South is considered an alternative thanks to its relatively lower price base and the expectation of supply recovery in the medium term. In Ho Chi Minh City, the apartment supply in 2025 will continue to play a leading role, concentrated mainly in the urban core area, especially Thu Duc, with a series of large-scale projects opening for sale in the second half of the year such as: The Global City (10,000 units), Mizuki Park (4,677 units), The Prive (3,175 units)... Besides, the spillover effect to provinces bordering Ho Chi Minh City is increasingly clear, with areas Areas such as Binh Duong (formerly), Dong Nai and Long An (formerly) began to show signs of recovery and excitement when the apartment market welcomed a series of new projects.Phan TrangSee morePrime Minister: Ensuring all people have access to housing suitable for their incomeSee morePrime Minister: Develop housing development policies for middle-income peopleSee moreSee moreAccelerate building a data system and real estate market transparency in 2026
