Vietnam seeks to boost housing supply in smaller provinces by allowing more land use for housing projects.

Vietnam's National Assembly is considering a draft resolution to allow small-scale commercial housing projects to use additional land resources, aiming to boost housing supply and reduce prices in modest real estate markets of smaller provinces. The draft, if approved, will be piloted for five years and includes strict regulations to protect farmland and food security. The resolution also seeks to ease land acquisition for developers and reduce legal disputes.

November 21, 2024
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