The Nam Trung Yen urban area in Hanoi (Photo: VNA)
Hanoi (VNA) –Vietnam currently has anaverage floor area per person of 22.8sq.m, according to a recent report by theMinistry of Construction.
The figure, calculated up to the end of December last year, shows ayear-on-year increase of 0.8sq.m and surpasses the ministry’s 2016 housingtarget of 22.6sq.m per person.
Compared with 2009, each Vietnamese person on average enjoys an additional6.1sq.m of floor area, which equals to an increase of 0.96sq.m per person peryear.
According to Deputy Minister of Construction Do Duc Duy, thanks to theministry’s programme to build low-cost housing across the country in the pastyears, hundred thousands of poor and low-income households got the opportunityto improve the quality of their accommodation.
In 2016, a further 0.5 million sq.m of low-cost housing was added in the urbanareas, increasing the total area of low-cost housing in urban areas to 3.3million sq.m.
According to Le Hoang Chau, Chairman of the HCM City Real Estate Association,the growth is an upbeat sign for the sector and for the development of thecountry.
However, he said it is important to pay attention to devise appropriatepolicies to develop housing areas equally among different regions as large gapsstill persist between urban and rural areas, poor and rich people and amongprovinces.-VNA
Prime Minister Nguyen Xuan Phuc has asked authorised agencies to fine-tune mechanisms and policies to attract more resources to social housing development, especially for poor people, war invalids and workers.
The property market expects to see a wave of developers expand into affordable housing developments, which faced a severe shortage until the Government took steps to promote investment.
After posting a stable performance this year, the property market is poised for solid growth in 2017, driven by the improved economic situation, and developers more focused on market demands.
Housing developers in the country especially in HCM City will shift from luxury apartments to the mid- and low-end segments next year, experts have said.
The disbursement of the housing stimulus package, valued at 30 trillion VND (1.4 billion USD) in preferential loans, will finish on schedule, according to the State Bank of Vietnam (SBV).
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The Nam Trung Yen urban area in Hanoi (Photo: VNA) 
