Most industrial parks in the country, including in the southern key economic zone, lack housing for workers, Phan Văn Anh, vice chairman of Việt Nam General Confederation of Labour, said on September 24.
HCM City faces a housing shortage caused by the rapidly increasing rising population and shortage of new housing projects.
To address the shortage of low-income housing, Prime Minister Nguyễn Xuân Phúc has told the Ministry of Construction to review the use and planning of urban land available for social housing nationwide and submit the results to him by September.
The State Bank of Việt Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on loans, especially in the high-end real estate segment. Nguyễn Quốc Hùng, director of the SBV’s Credit Department, talked with the media about the issue during a meeting last week