Prime Minister directs the acceleration of social housing and rental housing projects

Comrade Le Minh Hung, Member of the Political Bureau and Prime Minister, delivers a speech at the working session.

On the Hung Yen province side, it saw the participation of Comrade Pham Quang Ngoc, Member of the Central Committee of the Party and Secretary of the Provincial Party Committee; comrade Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee.

Comrade Pham Quang Ngoc, Member of the Party Central Committee and Secretary of the Hung Yen Provincial Party Committee, and delegates attend the working session.

At the working session, Comrade Tran Hong Minh, Member of the Party Central Committee and Minister of Construction, presented a report on the implementation of social housing and rental housing in Hai Phong city and the provinces of Hung Yen, Quang Ninh, Ninh Binh, and Bac Ninh.

Comrade Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Hung Yen Provincial People's Committee, speaks at the working session.

At the working session, Comrade Nguyen Manh Quyen, Deputy Secretary of the Provincial Party Committee and Chairman of the Hung Yen Provincial People's Committee, presented a paper on the implementation of the directives of General Secretary and State President To Lam regarding social housing and rental housing in Hung Yen province. Accordingly, for the period of 2026-2030, Hung Yen province has been assigned a target by the Government to complete 44,750 social housing units (including 5,900 units in 2026). To fulfill this target, the Provincial People's Committee has issued a plan for the development of social housing in 2026 and subsequent years up to 2030. According to this plan, during the period of 2026-2030, the province aims to complete 73,787 units, exceeding the Government's target (6,172 units in 2026 alone), comprising 45 projects.

To date, the province is implementing 40 social housing projects, with a scale of 64,987 units. Of these, 11 projects have been allocated land to investors for implementation, with a scale of 27,500 units, ensuring the completion of the social housing target assigned by the Government in 2026; 12 projects have been approved for investment policy and are in the land clearance phase, with a scale of 9,643 units…

Regarding the rental housing belonging to public assets: The total number of rental housing belonging to public assets in the province is 2,087 rooms/apartments, including: Public service housing (159 units), student housing (505 rooms), and old housing belonging to public assets (1,423 units). Regarding the rental housing invested by businesses and individuals: The total number of rental housing invested by businesses and individuals in the province is 12,808 rooms/apartments.

To meet the housing needs of workers, students, and low-income earners, Hung Yen province proposed that the Ministry of Construction advise the Government to regulate the responsibility of investors in social housing projects to allocate a portion of the floor area for rent (at least 20% of the social housing area in the project). At the same time, Hung Yen province requested ministries and central agencies to research and advise the Government on specific mechanisms and preferential policies to implement social housing for rent.

During the meeting, representatives of ministries and central agencies and local leaders exchanged information on the implementation of social housing and rental housing projects in the area. They presented proposals and recommendations regarding specific mechanisms and policies for developing rental housing; sources of capital, preferential credit, and housing funds; amendments to the Housing Law related to social housing…

Concluding the working session, Comrade Le Minh Hung, Member of the Political Bureau and Prime Minister, highly appreciated the involvement of Hai Phong city and the provinces of Hung Yen, Quang Ninh, Bac Ninh, and Ninh Binh in implementing the directives of General Secretary and State President To Lam on the development of rental housing.

At the working session

Regarding future tasks, the Prime Minister requested the provinces and cities to urgently review all land use planning, urban planning, as well as land and public property funds that are underutilized to allocate for the development of rental housing. The development of rental housing projects should be linked to the planning of key economic zones and industrial parks in each locality. By June 2026, localities should complete these plannings.

The Prime Minister requested that by June 2026, each locality strive to start construction on at least one rental housing project. In the third and fourth quarters of 2026, start construction on larger-scale projects. Simultaneously, develop investment, construction, and operation plans for rental housing projects, reporting the results to the Prime Minister in July 2026. To proactively propose mechanisms for mobilizing social resources and for the investment, construction, and operation of rental housing, linked to appropriate policies on land allocation and leasing.

The Prime Minister assigned specific tasks to the Ministry of Construction, the Ministry of Finance, and the State Bank of Vietnam to lead the review and propose mechanisms, policies, and solutions within their respective areas of management to remove obstacles and accelerate the implementation of social housing and rental housing projects.