Housing prices, particularly apartment prices, should be reduced to reasonable levels in line with the country’s overall development.

Prime Minister Pham Minh Chinh has instructed relevant ministries
and agencies to adopt measures to rein in commercial housing
prices—particularly apartment prices—to reasonable levels in line with the
country’s overall development.

He made the request while addressing the fifth meeting of
the Central Steering Committee on Housing Policy and the Real Estate Market,
held virtually on January 13 and connected to all 34 provinces and centrally
run cities.

The Prime Minister called for efforts to complete the legal
framework, remove regulatory and planning bottlenecks, unlock land resources,
streamline administrative procedures, and establish housing development funds.

He assigned the Ministry of Construction to take the lead in
completing and submitting a proposal to competent authorities for consideration
of establishing a state-run “real estate and land-use rights exchange” by
January 2026.

The Government leader also urged stronger supervision and
encouraged local authorities and businesses to accelerate the implementation of
social housing projects and rental apartments to meet targets set for 2026 and
subsequent years.

VnEconomy-Phan Dương