Friday, December 15, 2017 7:53:06 AM - Markets closed
VN-INDEX 935.85 +11.45/+1.24%
HNX-INDEX 111.47 +1.02/+0.92%
UPCOM-INDEX 54.35 +0.21/+0.38%
PM urges stronger development of affordable housing
Source: VGP - 2/3/2017 2:39:23 PM
 (0 ratings. You must sign in to rate.)
The PM has issued Directive No. 03/CT-TTg requesting relevant ministries, sectors and localities to accelerate the development of affordable housing.

The move aims to basically finalize the goals concerning affordable housing development set out in the national housing development strategy until 2020, with a vision to 2030.

Improving housing quality and reducing housing cost

Regarding the tasks and solutions to develop affordable houses and accommodations for workers, the PM asked the chairpersons of the municipal and provincial People’s Committees to create favorable conditions, concerning land and administrative procedures, in order to call on property developers, businesses using a large number of laborers and the people to invest in developing affordable housing, particularly accommodations for employees at industrial zones, economic zones and industrial clusters in the locality.

The government leader also insisted on improving the quality of affordable housing and developing the suitable housing product structure and ensuring the essential technical and social infrastructure in terms of transport, healthcare, education and culture of affordable housing construction projects in urban areas and at industrial zones.

In an effort to enhance the quality of affordable housing, the PM told the Ministry of Construction to issue additional standards and criteria on affordable housing; research the application of scientific and technical advances and new materials to reduce housing costs; develop the suitable housing product structure; ensure the essential technical and social infrastructure in terms of transport, healthcare, education and culture of affordable housing construction projects in urban areas and at industrial zones; and propose measures and resources to radically deal with the issue of anti-flood houses for needy households in the central region.

Enabling businesses and people to participate in developing affordable housing

The PM also requested the People’s Committees of provinces and centrally run cities to review and revise the urban and industrial zone planning, aiming to ensure the sufficient land fund for the development of affordable housing. Planning on affordable housing and accommodations for workers and students must be part of the planning for new urban areas, industrial zones and educational institutions, he insisted.
Newer News
08/12 Hanoi plans Hoa Lac as satellite town of 600,000 residents
28/04 Intellectual property key for firms
25/04 Association sees busier property market in Q2
19/04 HN five-star hotel occupancy up to 74%
13/04 Foreign cap to be focused at annual shareholder meetings
23/03 Mapletree openes its first office development in Vietnam
20/03 Price up for high-end property
07/03 Real estate transactions stall in February
01/03 City aims for high-quality low-cost housing
27/02 Property stockpile 77% below peak
Older News
02/02 Experts back retail property sector
21/01 Property market to continue strong showing this year
20/01 M&A helps to jolt real estate
12/01 HN witnesses positive property market development in Q4
11/01 Major realty firms to be inspected
10/01 VN’s average floor area per person is 22.8sq.m
10/01 Vietnam in dire need of low-cost condos
09/01 HCM City property market epiccentre shifts eastward
07/01 Gov’t urges developers to balance supply, demand
05/01 Housing land prices increase 20-40 percent in HCMC
 
Newsletter Signup
Top Stories
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Draft decree on State monopoly in trade submitted to Government
CPI ups 0.46% in January
Market Update
Last updated at 3:01:10 PM
VN-INDEX 935.85 +11.45/+1.24%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.