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Ninh Binh province’s Department of Construction reported on October 27 that a total of 494.3 billion VND in public investment capital was disbured for projects in the third quarter of 2026, equivalent to 47.34% of the allocated annual plan, with funding focused on transport infrastructure, social housing and urban development.
Identifying the development of social housing as an important task in ensuring social security, Ninh Binh province is urging investors and contractors to speed up construction of social housing projects, promtly removing difficulties and arising hindrances to achieve the goal of completing 6,053 social housing apartments in 2026.
The Hai Pha Viet Nam Co., Ltd, held a ground-breaking ceremony on June 26 to commence the construction of Tay Phu Van housing project in Phu Van ward.
Under the Government’s Resolution No.07/NQ-CP dated on January 12, 2026 on assigning target to build social houses at localities in the 2026-2030 period, Ninh Binh has been assigned to complete 24,336 units. Therefore, Ninh Binh is inquiring functional agencies, investors to focus all resources to speed up progress of building social housing.
A delegation from the Ministry of Construction, led by Deputy Minister Nguyen Van Sinh, on March 19 inspected the implementation of social housing projects in the northern province of Ninh Binh.
PM Chinh instructed relevant agencies to continue revising the decree toward expanding beneficiaries and adjusting income ceilings. Proposed thresholds include a maximum average monthly income of 25 million VND (950 USD) for single individuals, 35 million VND (1,330 USD) for single parents raising minor children, and a combined monthly income of up to 50 million VND (1,900 USD) for married applicants.
Facing the pressure of progress and the requirement to complete the target in 2025, Ninh Binh is focusing resources, mobilising the coordination of departments, sectors and enterprises to promote social housing projects.
The PM underlined that the programme to build 1 million social housing units by 2030 is a major and humane policy of the Party and State to ensure progress, justice, and social welfare, ensuring that “no one is left behind.”
As the institutional framework has been imcreasingly improved, what remains is determined and effective execution to complete the targets of 100,000 new social housing units in 2025 and 1 million units by 2030, Prime Minister Pham Minh Chinh has emphasised.PM Pham Minh Chinh speaks at the conference. (Photo: Tran Hai)
A project to construct at least a million apartments of affordable social housing for low-income earners and workers in industrial parks in the 2021 – 2030 period was approved by the Prime Minister.A social housing project in Ho Chi Minh City. (Photo: VNA)
The National Assembly (NA) is scheduled to discuss a report by a supervision delegation and a draft Resolution of the legislature on the results of the thematic supervision on the implementation of policies and laws regarding the management of the real estate market and the development of social housing from 2015 to the end of 2023, within the framework of its ongoing eighth session in Hanoi on October 28. An overview of the National Assembly's eighth session. (Photo: VNA)
