The 5th Session of the Central Steering Committee on Housing Policy and Real Estate Market

At the Hung Yen provincial bridge point, the conference saw the participation of Comrade Lai Van Hoan, the Provincial Party Committee’s Member and Vice Chairman of the Provincial People's Committee; and leaders of several relevant departments and agencies.

Comrade Lai Van Hoan, Vice Chairman of the Provincial People's Committee, and other delegates attend the conference at the provincial bridge point.

According to the report of the Ministry of Construction, to date, there are 2,169 commercial housing and urban area projects that have been implemented nationwide. Of these, 611 projects have been completed with nearly 999,000 units; 1,114 projects are under construction with over 529,000 units; 444 projects have received investment policy approval. In addition, the whole country is carrying out 548 infrastructure investment projects to transfer land use rights to people for self-construction of housing, with nearly 109,000 plots and land parcels.

Along with housing development, other real estate sectors continue to be performed, including 218 tourism and resort projects; 223 commercial, service, and office building projects; and 447 industrial parks have been established with a total industrial land area of ​​approximately 93,000 hectares.

Regarding social housing, in the whole country there are currently 698 projects under implementation with a scale of 657,441 units. Of these, 193 projects have been completed with 169,143 units; 200 projects started construction or are under construction with 134,111 units. By 2025, the number of completed, commenced, and approved social housing projects reached approximately 62% of the target set in the Project to build at least one million social housing units in the 2021-2030 period. In 2025 alone, the whole country has completed over 102,600 units, exceeding the set plan.

In Hung Yen province, the Prime Minister assigned a target of completing 48,500 social housing units in the 2025-2030 period. In the 2021-2024 period, the province completed 1,500 units; in 2025, it completed 3,073 units across 8 projects, exceeding the assigned target. Currently, the province has 138 housing development projects underway, including 114 commercial housing projects and 24 social housing projects. Of these, five social housing projects with a total of 9,844 units are currently being conducted.

Concluding the meeting, Prime Minister Pham Minh Chinh highly appreciated the involvement of ministries, sectors, and localities in implementing housing development policies, especially social housing, contributing to ensuring social security, stabilizing people's lives, and gradually improving the real estate market.

The Prime Minister requested continous improvement of the system of policies and laws on housing and real estate business in a comprehensive and feasible manner; promoting administrative reform, reducing procedures, and strengthening decentralization and delegation of authority, coupled with accountability for leaders. Local authorities are proactively reviewing housing development plans and strategies to ensure they align with practical needs, balance supply and demand, and control housing prices at reasonable levels. Simultaneously, they are focusing on resolving difficulties and obstacles for housing and real estate projects; strengthening the management of real estate business and brokerage activities; and strictly controlling credit and bond issuance in the real estate sector.

The Prime Minister also requested ministries, sectors, and localities to accelerate the development of databases on housing and the real estate market, ensuring transparency and effectively serving management and administration.