📋 Tender Overview
On the morning of October 11, Prime Minister Pham Minh Chinh, Head of the Central Steering Committee on housing policy and real estate market, chaired the second meeting of the Steering Committee, focusing on discussing breakthrough development of social housing. Prime Minister Pham Minh Chinh delivered a concluding speech at the second meeting of the Central Steering Committee on housing policy and real estate market - Photo: VGP/Nhat Bac. Attending the meeting were Deputy Prime Minister Tran Hong Ha, Deputy Head of the Steering Committee; Minister of Construction Tran Hong Minh, Minister of Justice Nguyen Hai Ninh, Governor of the State Bank Nguyen Thi Hong; leaders of ministries, central agencies, 34 provinces and cities, representatives of corporations, businesses, and commercial banks. The meeting evaluated the results of task implementation in the first 10 months of the year, reviewed the implementation of tasks assigned by the Prime Minister at the first meeting on September 22, and set out the key tasks of the Steering Committees activities in the last months of 2025 and in the coming time. Officially raising the income ceiling to are considered to buy, rent and buy houses in communes According to reports and opinions at the meeting, in recent times, the Government and the Prime Minister have drastically directed the implementation of many synchronous solutions to remove difficulties, promptly promote investment projects, increase the supply of housing and real estate products in all segments, especially the affordable housing and social housing segments; Strengthen control and rectify the management and use of land, land valuation and auction, promptly handle cases of manipulation, price pushing and speculation, in order to stabilize the real estate market with more synchronized institutions, more preferential policy mechanisms, more convenient administrative procedures, create a larger housing supply, with more reasonable segments and lower prices, thereby ensuring peoples right to housing. From the beginning of 2025 until now, the Prime Minister government was direct chaired 4 national conferences related to social housing, issued 3 resolutions, 3 telegrams, 124 executive guidance documents related to the housing sector and real estate market, in which 58 specific tasks were assigned to ministries, branches and localities to remove difficulties and obstacles to promote social housing development and develop a safe, healthy and sustainable real estate market. The Prime Minister noted that housing development must include many segments including high-end, middle-income, low-income, ensuring harmonious development, without too much difference in essential infrastructure (transportation, electricity, water, telecommunications), social infrastructure (education, health, sports, culture...) - Photo: VGP/Nhat Bac Most recently, in terms of mechanisms and policies, on October 10, the Government issued Decree 261 amending and supplementing decrees about social housing, in That raises the income ceiling to be considered for buying or renting social housing to 20 million VND/month for individuals, 40 million VND/month for couples and 30 million VND/month for single individuals raising children under the age of majority. As a result, many ministries, branches and localities have well implemented the development of social housing under the direction of the Government and Prime Minister. In the first 9 months of 2025, the whole country is investing Construction of 132,616 units, construction started 73 new projects with a scale of 57,815 units. 50,687/100,275 units have been completed (50.5%), it is expected that by the end of 2025, an additional 38,600 units will be completed (total 89,007/100,275 units, reaching 89%). The Ministry of Public Security has started 6 housing projects for the peoples armed forces with a scale of about 4,220 units. The Ministry of National Defense plans to start construction on 8 housing projects for the armed forces with a total scale of 6,547 units. 16 localities are expected to reach and exceed the assigned targets, including: Hanoi, Ho Chi Minh City, Da Nang, Hue, Bac Ninh, Hai Phong, Ninh Binh, Dong Nai, Hung Yen, Nghe An, Quang Ninh, Thai Nguyen, Ca Mau, Quang Tri, Quang Ngai, Tuyen Quang. 7 localities including Phu Tho, Thanh Hoa, Can Tho, Lao Cai, Khanh Hoa, Tay Ninh, and An Giang have the ability to complete the target. Deputy Prime Minister Tran Hong Ha spoke - Photo: VGP/Nhat Bac Besides, delegates said that the management and development of the real estate market in general, and the development of social housing in particular, still have many difficulties, obstacles, and limitations. Notably, a number of legal regulations, mechanisms, and policies on real estate market and social housing development have not yet been amended and supplemented in accordance with the actual situation; The supply of social housing is still lacking and has not met actual needs; Local land funds for social housing development generally have limitations; Many social housing projects are implemented slowly; Housing prices in large urban areas are still beyond the affordability of the majority of people, while prices are being pushed up, creating high prices, virtual prices, and disturbing market information for profiteering; Operation and real estate trading floors are not unified, there are potential risks and lack of transparency; Information about housing and the real estate market is not complete, timely, or transparent. Besides, the goal of completing 100,000 social housing units in 2025 is a big challenge. In addition to 22/34 localities expected to achieve and exceed the assigned social housing targets, there are also 8/34 localities that have difficulty completing the assigned targets. Minister of Constructiong Tran Hong Minh spoke - Photo: VGP/Nhat BacBoth developing commercial housing and making a breakthrough in promoting social housing. In concluding speech, Pri
