Taking Bac Ninh as a model for social housing development to replicate

Thủ tướng: Lấy Bắc Ninh làm hình mẫu về phát triển nhà ở xã hội để nhân rộng - Ảnh 1. — Prime Minister visits and encourages workers at the project - Photo: VGP/Nhat Bac

According to the report, the apartments in the project have 2-3 bedrooms, selling price is about 13 million VND/m2, maximum selling price is about 1 billion VND/apartment, buyers can borrow about 70% of the apartment value.

Currently, Bac Ninh has about 400,000 workers working in 12 concentrated industrial parks. The province has 51 projects with 40,000 social housing apartments to be completed in the near future.

During the meeting with the Prime Minister, the investor reported on a number of difficulties and problems, proposed a number of contents related to planning social housing projects, regulations on price ceilings for projects in the same area and continued reform of procedures for home buyers (procedures are carried out on weekends to facilitate workers)...

Thủ tướng: Lấy Bắc Ninh làm hình mẫu về phát triển nhà ở xã hội để nhân rộng - Ảnh 2. — Prime Minister presents gifts to workers constructing the project - Photo: VGP/Nhat Bac

Listening to opinions, the Prime Minister emphasized that housing is the most important issue for everyone, because only with a stable home can one have a successful career.

During this term, the Government has paid great attention to the issue of housing for workers, issued a Project to build 1 million social housing apartments and worker housing and issued Resolution 33 on a number of solutions to remove obstacles and promote the safe, healthy and sustainable development of the real estate market, including many policies on social housing. At the same time, the Government is proposing to amend the Housing Law, which proposes 3 forms of buying, renting and hire-purchasing social housing.

The Prime Minister welcomed Bac Ninh for actively implementing the above policy; suggested that the province continue to promote the implementation of projects and mobilize workers to save, and make efforts with agencies to solve the housing problem, given that Bac Ninh is a province with strong industrial development and a large number of workers residing there.

With the spirit of setting an example in Bac Ninh, then learning from experience and expanding to other localities, the Prime Minister requested the Prime Minister's Working Group to remove difficulties and obstacles in implementing real estate projects (headed by Minister of Construction Nguyen Thanh Nghi) to work with Bac Ninh province next week to grasp and remove difficulties and obstacles.

Thủ tướng: Lấy Bắc Ninh làm hình mẫu về phát triển nhà ở xã hội để nhân rộng - Ảnh 3. — Bac Ninh province has 51 projects with 40,000 social housing apartments to be completed in the coming time - Photo: VGP/Nhat Bac

The Ministry of Construction presides over the proposal to amend Decree No. 100/2015/ND-CP of the Government on the development and management of social housing; immediately amend Circular 09/2021 of the Ministry on social housing according to simplified procedures.

The Prime Minister requested the State Bank to review, study, and guide loan conditions so that home builders and home buyers can access credit capital more conveniently; study and amend Circular 06/2023/TT-NHNN amending Circular 39/2016/TT-NHNN regulating lending activities of credit institutions and foreign bank branches.

The Ministry of Natural Resources and Environment continues to remove obstacles and propose solutions related to land funds for social housing and worker housing projects.

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