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Ministry Selects 18 Giants for Nationwide Social Housing Push

Top companies like Vingroup and Sun Group chosen for financial strength and social responsibility. They'll tackle the social housing shortage in major cities like Hanoi and Ho Chi Minh City.

In this image I can see a poster which has so many buildings and text highlighted on it.
In this image I can see a poster which has so many buildings and text highlighted on it.

Ministry Selects 18 Giants for Nationwide Social Housing Push

The Ministry of Construction has selected 18 enterprises to lead social housing projects nationwide, aiming to meet the high demand in 15 localities. These companies, including prominent names like Vingroup, Sun Group, and Viglacera, have been chosen for their financial strength, diverse housing experience, and commitment to social responsibility. They will participate in the 2025-30 period, ensuring professional management systems are in place.

The chosen enterprises will work in local authorities such as Ho Chi Minh City, Bac Ninh, Hanoi, and others. Each company must demonstrate a strong financial capacity, proven experience in various housing types, and a dedication to social responsibility. The Ministry's recommendation follows an extensive evaluation process, focusing on the companies' ability to deliver quality housing projects that meet the needs of low-income families.

The selected companies include Vingroup Corporation, Sun Group Corporation, Viglacera Corporation, and others. They will play a crucial role in addressing the social housing shortage in the named localities over the next five years.

The Ministry of Construction's decision to entrust these 18 enterprises with social housing projects signals a commitment to long-term participation and professional management. These companies, with their robust financial capacity and diverse housing experience, are well-positioned to tackle the nationwide demand for social housing, benefiting low-income families and contributing to the country's overall development.

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