Happy Vietnam (VNA)

Vietnam advances long-term rental housing to meet growing housing demand

The accelerated development of social housing, along with the gradual formation of a long-term rental housing market, is expected to create a more diversified housing ecosystem that meets the needs of various groups, contributing to developing a more sustainable social welfare policy in the time to come

Social housing construction target exceeds by 44%

Minister of Construction Tran Hong Minh has issued an official dispatch urging localities to accelerate the development of social housing projects to meet the target of more than 158,700 units in 2026, as set out in Government Resolution No. 7/NQ-CP.

Nearly 159,000 social housing units to be developed in 2026

The Ministry of Construction noted that 2025 marked a clear step forward in social housing development, with more than 103,000 units completed nationwide, exceeding the annual plan by 3%.