Real estate giant takes action to quench “thirst“ for social housing

Press room | 05-08-2022

Since the beginning of this year, Hung Thinh Corporation, Vingroup, Novaland... have announced to build hundreds of thousands of social housing units and affordable housing units for workers.

Returning to Ho Chi Minh City after Covid-19 outbreak, Ms. Nguyen Ngoc Thuy (33 years old, from Quang Ngai) just changed to work as a worker for another garment company with better income than before the pandemic. Her husband and she cherish the dream of buying a small house for themselves and their family so that they can settle down and stick with the city for a long time.

"My salary is about VND 9 million, that of my husband is about VND 10 million. If we can work overtime, except for the rent, expenses for electricity, water, food, child care ... for the remaining savings we hope to accumulate gradually to buy a house, but I'm also worried about high house price so I don't know when we can save enough money to buy", she said.

The above dream and worries are not only of Ms. Thuy, but are the reality that has been existing with millions of workers living and working in Ho Chi Minh City as well as neighboring provinces. After Covid-19 pandemic, the problem of settling down for low-income workers becomes more urgent and requires the participation of the whole society.