Vietnam plans National Housing Fund


Severe imbalance: A woman sitting on her porch on Xuyen Tam canal in Ho Chi Minh City. Social housing, which benefits from various government incentives for both developers and buyers, is also in critically short supply. — AFP

HANOI: The government is studying the establishment of a National Housing Fund to boost the supply of affordable housing and address rising demand in major urban areas.

This model, which has proven successful in many developed countries, could be a game-changer for Vietnam’s housing sector, said economists and policymakers.

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