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Wednesday, April 14, 2021, 19:02 GMT+7
Apartment buildings in Ho Chi Minh City. Photo: Quang Dinh / Tuoi Tre
Ho Chi Minh City has seen a nominal number of new affordable housing projects in the past five years, which has greatly frustrated the road to homeownership of the city’s up-and-coming young workforce.
As per Vietnamese law, social housing is put under strict regulations, where hopeful buyers must meet a score of criteria to become eligible for purchase.
Members of the general public are resting their best hopes on privately-developed affordable housing projects, yet the category is finding itself in a tight corner of the market, catching little interest from developers. ....

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