At a conference on social housing, Nghi proposed that the Ministry of Construction would devise a plan and submit to the government for approval.

He asked provinces and cities to furnish relevant data this month to go ahead with the plan.

A row of apartments for factory workers in HCMC's Thu Duc City.

Several laws need to be amended to incorporate more specific policies on land banks for social housing, developers, government support mechanisms, and others, he said.

He pointed to other countries like South Korea, China and Singapore that backed construction of housing for rent through multiple methods.

In Vietnam, construction of social housing has faced hurdles in terms of investment and sales procedures, he said.

"Incentives for developing social housing are not been attractive or practical."

For instance, social housing projects must have at least 20 percent of their total area available for rent, and investors can only sell them after five years, but many social housing projects have no tenants, meaning developers could not recoup their investment, he said.

Prime Minister Pham Minh Chinh said most countries have social housing in forms like leasing.

"Workers cannot buy homes if they have just started to work. That is why there are options like leasing and hire purchase."

Vietnam has built 7.8 million square meters of social housing in the last few years, providing shelter to hundreds of thousands of workers' and low-income families, but they only partially meet demand, he said.

Many workers still live in dilapidated homes, and though landlords try to help, their efforts are spontaneous and not properly coordinated.

A report by the ministry said there are 310 urban social housing projects in the country with 156,000 homes, while another 401 are under development with 455,000 homes.

Over 73,656 USD paid as housing rent support for Bac Giang labours

(BGO) - Implementing Decision No.08/2022/QD-TTg on March 28 of Prime Minister about implementing housing rent support for labours, the Bac Giang provincial People’s Committee (PPC) has promptly made plan and directed relevant departments, sectors and agencies to communicate and instruct businesses and labours to complete the procedure to receive the assistance.

More than 57,400 labours benefit from housing rent support

(BGO) - Implementing Decision No.08/2022/QD-TTg on March 28 of Prime Minister about implementing housing rent support for labours, the People’s Committees in Bac Giang city and three districts of Viet Yen, Yen Dung and Hiep Hoa have received proposals from 293 turns of businesses and supported more than 104,600 turns of labours with total amount of over 52.8 billion VND (2.27 million USD).

Housing rent support timely removes difficulties, ensures progress

(BGO) – The northern province of Bac Giang is one of localities gaining positive result in disbursing expenses for labour housing rent support in line with Prime Minister’s Decision No.08 on March 28 2022. However, all sectors and levels have focused on various implementation solutions to ensure the progress of document reception before the deadline of August 15, 2022 to timely pay for labours.

Bac Giang’s social housing projects for workers opened and accelerated

(BGO) – Defining it is special important task to build social houses for workers in the orientation for provincial development in the upcoming time, the Standing Committee of the provincial Party Committee (PPC) issued Resolution No.110-NQ/TU on June September 2021 about developing social house for workers in Bac Giang province to 2025 with the vision till 2030. After one year implementation, the task has gained initial result together with remaining obstacles.

Bac Giang provides housing rent support to over 3,200 labours

(BGO) - Implementing Decision No.08/2022/QD-TTg on March 28 of Prime Minister about implementing housing rent support for labours, the Bac Giang provincial People’s Committee directed relevant departments, sectors and agencies to communicate and instruct businesses and labours to complete the procedure to receive the assistance.

Source: VnExpress