Rental housing, particularly apartment developments in major cities, industrial parks, economic zones, and key economic corridors, is identified as a strategic priority.

Vietnam is set to reshape its housing policy by prioritizing
rental housing development through 2030, while tightening oversight to curb
real estate speculation and improve housing access for low-income residents.

The policy direction was outlined in Notice No. 64-TB/VPTW,
issued on May 22 by the Party Central Committee’s Office, following a working session of Party General Secretary
and State President To Lam with the Government Party Committee, and relevant
agencies in Hanoi on May 19.

The notice identifies rental housing—particularly apartment
developments in major cities, industrial parks, economic zones, and key
economic corridors—as a strategic priority. The move marks a significant shift
from Vietnam’s traditional housing model, which has largely focused on home
ownership despite growing long-term rental demand among young workers and
migrant laborers.

Authorities said expanding rental housing supply under a
state-regulated market framework could help reduce pressure on homebuyers and
improve living stability for millions of workers.

The government has also assigned agencies to study new land
and credit policies to support rental housing development, review land
reserves, and align housing projects with broader infrastructure planning.

In addition, officials have been instructed to strengthen
measures against profiteering and speculative real estate activity, while
accelerating the use of digital technologies in housing management.

Vietnam also plans to amend the Housing Law and the Real
Estate Business Law in 2026, aiming to address persistent housing shortages and
affordability challenges, particularly for low-income households.

VnEconomy-Lý Hà