📋 Tender Overview
According to experts and ministries and branches, to have a breakthrough in social housing development today, it is necessary to add a mechanism to attract investors to build social housing for workers in industrial parks, build a connected data system to accurately determine people eligible to buy social houses, and at the same time, need to calculate reasonable costs to offer the best social housing prices to low-income people... Conference with ministries, branches and localities locality, business on solutions for breakthrough development of social housing - Photo: VGP/Nhat Bac On the morning of October 24, Prime Minister Pham Minh Chinh, Head of the Central Steering Committee on housing policy and real estate market, chaired a conference with ministries, branches, localities, and businesses on solutions for breakthrough development of social housing. At the meeting, delegates focused on discussing and contributing opinions to the Governments draft of a new Resolution on implementing a number of solutions. breakthrough in housing development (Draft - PV) in the coming time, especially assigning a number of businesses to be investors in social housing projects. There is a lack of mechanism to attract investors to build social housing for workers to rent. Mr. Le Quang Hung, former Deputy Minister of Construction, member of the Policy Advisory Council, said that the Ministry of Construction needs to clearly state in the Draft the reduction of licensing procedures for social housing construction projects including 2 steps: the first step is to approve the investment policy, the first step is to second or judge FS determination or construction permit for the project is enough. This avoids investors misunderstanding that they must complete all 3 steps as before. Regarding investor selection criteria, for the list introduced by the Ministry of Construction (21 investors), Mr. Hung suggested that the investors be named for introduction purposes, not by default, only these enterprises can build social housing. Instead, the Ministry of Construction should guide localities with specific enterprise selection criteria such as: political commitment, financial capacity, ability to meet the requirements set by the State management agency (progress, selling price, house construction price...) so that localities can proactively choose construction enterprises in that locality. the business. For example, if the locality can set a project that the income of the people here is only about 10 million VND/month, can the investor build houses for sale in that price range? Its not like after building a house and then adding 10% of the profit to reach the price of 25-30 million VND/m2, people cant buy it, Mr. Hung proposed. As a final proposal, the representative of the Policy Advisory Council said that the current Draft is only aimed at middle-income people, As for low-income subjects such as workers in industrial zones who can only rent houses, the Draft does not specifically mention it. In fact, the housing segment for workers rented by investors is almost not interested in doing so because of the slow capital recovery time. Therefore, Mr. Le Quang Hung suggested that it is necessary to attach social housing policies to businesses that employ many workers, industrial parks... because they have a complete welfare fund that can invest in private social housing projects in industrial parks for workers to rent. The price of social housing when sold must be consistent with the affordability of people at low income levels. There will soon be an online social housing registration system. Responding to the proposal of construction businesses to allow accounting of some expenses that businesses themselves spend on costs and selling prices, Deputy Minister of Finance Do Thanh Trung said that social housing projects are heavily supported by the State, therefore, the price of houses sold is moderate in accordance with housing criteria. social, moderate and consistent with other related regulations, which cannot be specifically regulated for social housing. At the Conference, businesses proposed adding regulations to create conditions for businesses participating in building social housing to mobilize other sources of capital besides credit capital, especially mobilizing capital from the stock market. Regarding the proposal to create conditions for businesses to quickly be listed, the Deputy Minister of Finance informed that Decree No. 245/2025/ND-CP, effective from September 11, 2025, allows shares offered for the initial public offering to be listed immediately after the end of the offering (IPO) to ensure the rights of investors participating in buying offered shares, ensuring the success of capital mobilization activities through stock offerings. first public offering. Accordingly, the Stock Exchange reviews the enterprises stock listing registration application at the same time as the State Securities Commission reviews the IPO application. As for capital mobilization, the Deputy Minister of Finance said there is a mechanism for businesses to issue corporate bonds in addition to listing stocks after qualifying. In addition, Mr. Do Thanh Trung suggested there should be an online housing registration system so people can register online, this system is led by an agency and links data with other ministries and branches. Approving the validity of the dossier will be done sequentially with the interconnected data systemThis will help shorten the time to evaluate social housing purchase documents compared to the present. As for the businesss proposal to speed up the implementation of social housing projects without having to wait for the site, it is necessary to include site clearance compensation costs and some other costs in the selling price of social housing, Minister of Construction Tran Hong Minh said: If including site clearance costs into the house price, it will distort the spirit of construction. build social h
