📋 Tender Overview
On the afternoon of June 1, in Hai Phong, Prime Minister Le Minh Hung chaired a working session with leaders of Hai Phong city and provinces: Quang Ninh, Bac Ninh, Ninh Binh, Hung Yen on rental housing development under the direction of General Secretary and President To Lam. Download Prime Minister Le Minh Hung chaired a working session with leaders of Hai Phong city and provinces: Quang Ninh, Bac Ninh, Ninh Binh, Hung Yen on rental housing development - Photo: VGP/Nhat Bac Attending the meeting were comrade Pham Gia Tuc, Politburo member, Standing Deputy Prime Minister; Members of the Party Central Committee, leaders of ministries, central agencies and localities. At the meeting, delegates focused on reviewing and assessing the current situation and demand for rental housing in the area; Identify and evaluate problems and difficulties, determine handling authority; discuss models and methods suitable to the characteristics of each locality; promote the role of the local Housing Fund and resource mobilization mechanism; solutions for planning, land fund, and investment attraction; rental housing development plan until 2030... Download Standing Deputy Prime Minister Pham Gia Tucs speech - Photo: VGP/Nhat Bac According to reports and opinions at the meeting, in Hai Phong, with a workforce in industrial parks of over 370,000 people, the citys need for social housing and rental housing is about 33,000 apartments in the 2026-2030 period, while Development is still limited (in the immediate future, the city plans to buy 4,256 apartments for rent to meet more than 12% of demand). The situation is similar, even more severe, in Bac Ninh and Hung Yen. Hai Phong has been proactive and pioneered in consolidating the local Housing Fund when issuing a document assigning the City Development Investment Fund to perform this function. Hai Phong is also a bright spot in social housing development, in the period 2021-2025, 16,679 units have been completed (in 2025 alone, 10,775/10,694 units will be completed - exceeding the target); is implementing 65 projects with a total scale of 80,028 units, expected to complete 54,444 units in the period 2021-2030 - exceeding 110% of the Governments target of 49,400 units. Some existing practical models such as Pegatron and LG Display dormitories in Hai Phong (1,340 rooms) show that industrial park enterprises are able and willing to participate in investing in housing for workers if there is a suitable mechanism. Download Prime Minister Le Minh Hung clearly stated that developing rental housing is a major policy of the Party and State - Photo: VGP/Nhat Bac. Speaking concluding the meeting, Prime Minister Le Minh Hung stated clearly that developing rental housing is a major policy of the Party and State, consistently affirmed through Directive No. 34-CT/TW of the Secretariat on strengthening the Partys leadership over social housing development in the new and special situation. especially the Conclusion of General Secretary and President To Lam in Notice No. 64-TB/VPTW; In which the direction of General Secretary and President To Lam on rental housing is a very strategic direction. According to the Prime Minister, the Northern key economic region is a key area for industrial development, currently experiencing rapid urbanization and a very large concentration of labor. Hai Phong, Quang Ninh, Bac Ninh, Hung Yen all have the highest economic growth rates in the country, with hundreds of thousands of workers and laborers working in industrial parks. The pressure on rental housing for workers and laborers is very urgent and the implementation of rental housing development in this area is also a premise for piloting and replicating the method in other localities throughout the country. According to the Prime Minister, the demand for rental housing is very large while the rental housing fund is very lacking, especially long-term rental at reasonable prices, this is the first bottleneck. The majority of workers and laborers in 5 localities are currently renting impromptu motels built by households themselves - potentially huge safety risks, especially fire prevention and fighting, environmental sanitation, living conditions and social infrastructure needs. Download Minister of Construction Tran Hong Minhs speech - Photo: VGP/Nhat Bac Besides, some public housing assets have not been used effectively, causing waste. Low profit rates and long payback periods for rental housing projects are major bottlenecks in attracting the private sector; The financial, tax, and credit incentive mechanisms are not strong enough... It is required to continue to carefully study Notice No. 64-TB/VPTW dated May 22, 2026, conclusions of General Secretary and President To Lam and Notice No. 262/TB-VPCP dated May 26, 2026, conclusions of the Prime Minister at the meeting on rental housing development in Hanoi city. Comrade Le Minh Hung emphasized the major guiding viewpoint for ministries, branches and 5 localities to unify awareness and action. Accordingly, there is a strong shift in thinking about housing, from mainly developing housing for sale to simultaneously developing both commercial housing and housing for rent. The State plays a constructive role through institutions, policies, planning and financial and credit tools so that people whose income is not enough to own a house can access long-term rental housing at reasonable prices. Development of rental housingmust be closely linked to the planning of industrial parks, economic zones, traffic corridors and population management. Download Secretary of the Bac Ninh Provincial Party Committee Nguyen Hong Thai speaks - Photo: VGP/Nhat BacAccording to the Prime Minister, the policy is very clear, localities must proactively deploy, not passively wait for the Central Government; In case of encountering problems or difficulties, they must be specifically pointed out to propose amendments, updates, and improvements to institutions, mechanisms, and
