The Ministry of Construction is finishing a draft amended Housing Law that would restrict resale of social housing to curb speculation, Deputy Construction Minister Le Hong Vinh said at the government's regular press conference at midday on 4 November, according to VnExpress. The draft is meant to help low-income people, workers and those covered by social policies buy, lease-purchase or rent homes long term at suitable prices.

Under the draft each person may buy or lease-purchase only one unit, and transfer is limited for the first five years. It sets out principles for support, with priority for people with meritorious service, people with disabilities and poor households, and for preferential loans.

Funding would come from a non-profit housing fund, trade-union finance and land set aside for social, rental and workers' housing. Investors would receive incentives on land-use fees, land rent, tax and credit, and could use part of the land or floor area for commercial services to offset costs. Sale, rent and lease-purchase prices must reflect reasonable costs and a set profit margin without counting state incentives, the deputy minister said.

On delivery, 293 social housing projects with 363,065 homes are under way nationwide. Of those, 128 projects with 183,293 homes started recently, and 170 projects with 46,962 homes are complete. The ministry expects 87,601 homes to be finished by the end of 2026, 90% of the 97,271 planned.

For rental housing, 63,970 homes are being built in 114 projects. Since the Prime Minister called in June 2026 for faster work on this type, 29 new projects with 85,594 social homes have started, 33,886 of them for rent, and 8,314 rental homes are done. The ministry expects 18,049 for the year, above plan.

The bill is still a draft and has not passed.

Sources

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