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Ministry of Construction
Proposal of over 152,000 billion VND to expand 1,144 km of North-South expressway
The Ministry of Construction has just proposed that the Government allow investment of more than 152,000 billion VND to expand 1,144 km of sections on the Eastern North-South Expressway.
Social housing projects that have started construction must be completed by 2025.
The Ministry of Construction requested localities to urge investors of social housing projects to focus resources on implementation, determined to complete in 2025.
Proposal to increase social housing investor profits to 13%
The Ministry of Construction is seeking opinions on the draft Resolution of the National Assembly on piloting a number of specific mechanisms and policies for social housing development.
New information about the over 8 billion USD railway project through Hai Duong
The Ministry of Construction assigned a subordinate unit to conduct a feasibility study for the Lao Cai - Hanoi - Hai Phong railway project via Hai Duong immediately after the National Assembly approved the investment policy.
Planning to build Mui Ne (Binh Thuan) into a leading tourist area
The Ministry of Construction has appraised the Master Plan for the construction of Mui Ne National Tourist Area, Binh Thuan Province to 2040, with a vision to 2050.
The Ministry of Construction is researching the establishment of a 'national housing fund'.
The specialized unit of the Ministry of Construction is studying international experience and reviewing regulations on the establishment of a National Housing Fund to develop low-cost housing in large cities.
Conditions to enjoy the policy of buying and renting social housing
To enjoy the policy of buying or renting social housing, low-income single people in urban areas must have a monthly actual income of no more than 15 million VND according to the wage table.
Criteria for determining temporary and dilapidated houses
The Ministry of Construction issued Decision 55/QD-BXD guiding criteria for temporary and dilapidated houses on January 20, 2025. Temporary and dilapidated houses are houses built on land without disputes and must meet a number of criteria as prescribed.
What does the Ministry of Construction say about social housing prices being criticized as expensive and difficult for people to buy?
According to voters, the current price of social housing is still high compared to the income of the majority of workers, especially low-income earners, leading to limited access to purchase.
Affordable apartments account for only 5-7% of new supply
Despite raising the classification level to under VND45 million per square meter, the proportion of affordable apartments is still very low, only about 5-7% of new supply, according to the Ministry of Construction.
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