{
  "id": 19432245,
  "title": "Enterprises rush to capitalize on expanding social housing segment",
  "url": "https://urgent.news/2026/11/11/enterprises-rush-to-capitalize-on-expanding-social-housing-segment",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-11T01:53:42.000Z",
  "source": {
    "name": "SGGP English Edition Business",
    "slug": "sggp-english-edition-business",
    "url": "https://en.sggp.org.vn/enterprises-rush-to-capitalize-on-expanding-social-housing-segment-post130911.html"
  },
  "original_language": "en",
  "account": "Many businesses are investing in social housing and rental housing for workers due to rising housing demand and favorable policies. The Ho Chi Minh City Federation of Labor, along with nine enterprises, aims to construct 128,000 worker housing units by 2030. A significant project, the Hoa Sen An Ha development in Tan Vinh Loc Commune, will be built by Hoa Sen Group, who have pledged to contribute 20,000 units for workers. Other companies, such as Dai Duong and Hoc Mon Trading, have also expressed interest in investing in the social housing segment in the area.\n\nRecently, Vingroup's investment policy approval for a social housing project in Ba Diem Commune has been announced. This 192-hectare project, with a capital investment of over VND64,000 billion, aims to accommodate nearly 67,500 people. Delta Joint Stock Company, a subsidiary of Vinhomes, will act as the project investor.\n\nTo encourage investment, Deputy Director of the Ho Chi Minh City Department of Construction, Huynh Thanh Khiet, highlighted that the city plans to complete 181,257 social housing units between 2026 and 2030, ten times the number of units built during the 2021-2025 period. The new Urban Development Law, effective since October 1, 2026, is expected to further streamline legal processes and attract investors.\n\nThe decentralization mechanism, which allows provincial authorities to make local adjustments to national planning, has also contributed to the increased attractiveness of social housing investments. Although profit margins for social housing are limited to 10 percent, developers can allocate up to 20 percent of the total residential land or floor area for non-residential purposes. This dual-use approach is expected to optimize investment efficiency and motivate businesses to engage in social housing development.\n\nHo Chi Minh City's housing authorities have proposed revising social and rental housing targets to address previous challenges. As of now, 55,665 housing units have been completed, representing 57.2 percent of the planned target, with the projected completion of 82,470 units, or 85 percent of the goal, by the end of 2026.",
  "summary": "Many enterprises and corporations are participating in investments in social housing and rental housing for workers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}