Dong Nai exceeds 2025 social housing target

On the morning of December 17 in Hanoi, Prime Minister Pham Minh Chinh, Head of the Central Steering Committee on Housing Policy and the Real Estate Market, chaired the fourth meeting of the Committee to review the management of the real estate market and the development of social housing in 2025, while identifying tasks and solutions for 2026 and the period ahead.

The conference was held in person at the Government Headquarters and connected online to 34 provinces and cities nationwide.

A social housing complex in Phuoc Tan Ward, Dong Nai Province, completed construction of 275 apartments in December 2025. Photo: Hoang Loc

Attending the meeting was Deputy Prime Minister Tran Hong Ha. At the Dong Nai online venue, Nguyen Kim Long, Member of the Provincial Party Standing Committee and Standing Vice Chairman of the Provincial People’s Committee, presided over the session.

Speaking at the conference, Prime Minister Pham Minh Chinh noted that over the past period, the Government and the Prime Minister have provided strong and decisive direction, implementing comprehensive solutions to remove bottlenecks and promote investment projects, thereby increasing the supply of housing and real estate products.

Nationwide, there are currently nearly 3,300 housing and urban area projects, with a total scale of approximately 5.9 million housing units. Real estate transactions have shown positive signs of recovery since 2022, with an estimated 537,000 to 785,000 transactions recorded annually.

A social housing project in Long Thanh Commune, Dong Nai Province, is currently under construction. Photo: Hoang Loc

Regarding the project to build one million social housing units, to date, 698 projects have been implemented nationwide, with a total scale of approximately 657,400 units. In 2025 alone, more than 134,000 units were invested in nationwide, with 102,600 completed, reaching 76% of the plan. Many localities met and exceeded their assigned targets, including Dong Nai Province, which completed more than 4,600 units, equivalent to 110% of the target.

Regarding solutions for the coming period, the Prime Minister requested that localities proactively allocate land funds, simplify administrative procedures, and establish “green channels” for administrative processing, while promptly resolving any obstacles that arise during implementation. He also emphasized the continued review and improvement of institutional frameworks to foster a healthy and stable real estate market. Furthermore, he called for diversifying capital sources for real estate development, including bank credit, bonds, and foreign direct investment, and promoting preferential credit packages for social housing and housing for individuals under the age of 35.

By Hoang Loc – Translated by Thuc Oanh, Minho