VN govt urged to focus on housing
Play
Priority should be given to institutions related to real-estate development, said Deputy Prime Minister Hoang Trung Hai, who is also head of the Central Steering Committee on Housing Policy and the Real-Estate Market, at the committee's first meeting of t
Hai urged the committee to demand more interdisciplinary inspections nationwide to focus on difficulties in financing, mortgage-lending rates and planning residential areas that are resilient to climate change.
He also pointed to the need to enforce the requirement that 20-per-cent of land allocated for housing projects be reserved for low-income housing.
Construction Minister Trinh Dinh Dung said problems in the real-estate market need to be resolved in line with the 2013 National Housing Development Strategy.
