The Government and the Prime Minister have issued various documents and organised many conferences to get opinions from businesses, people and experts in ways to remove difficulties for the realty market.
At least one million units of affordable “social housing” will be built during 2021-2030, and the 4.92 billion USD credit package will be launched by the State Bank of Vietnam with incentive interest for both developers and buyers.
At the same time, the central bank has focused on perfecting the legal framework, streamlining procedures, and increasing preferential credit packages to make it easier for people and enterprises to access bank loans.
The National Assembly has adopted the Housing Law and the Law on Real Estate Business, which are expected to create a boost for the market after they take effect in early 2025./.
