RoK assists Vietnam in social housing development

The Ministry of Construction held a training conference "Introducing experiences in developing social housing in Korea and improving policies for Vietnam", as a part of the project "Establishment of the 2021-2030 comprehensive social housing policy in Vietnam” on April 14^th, in Hochiminh city. There were Mr. Ha Quang Hung - Deputy Director of Housing and Real Estate Market Management Department (Ministry of Construction); The Korea International Cooperation Agency (KOICA) represents the Korean Government and the Department of Construction of the Southern provinces and a number of real estate enterprises at the conference.

The whole conference

The project on the building of a master policy on Vietnam's social housing development for the 2021-30 period, which is carried out using non-refundable official development assistance (ODA) from the RoK government via the Korea International Cooperation Agency (KOICA), said Deputy Director of the MoC’s Housing and Real Estate Market Management Department (HREM) Ha Quang Hung.

 Mr Ha Quang Hung - Deputy Director General of the MoC’s Housing and Real Estate Market Management Bureau (HREM) speaks at the Conferece.

The project strives to devise and complete legal documents on the field, particularly in Vietnam’s current policies, survey the need of those who are eligible for social housing, provide training for staff in charge of building social housing policies for 2021-30, toward stable housing market and ensuring social security.

KOICA experts will replicate ideas from different pilot programmes and apply successful ideas in Vietnam’s specific conditions. Analysis, evaluation and recommendations will be provided for the MoC to fine tune mechanisms and policies in a bid to integrate advanced social housing development approaches in the world into Vietnam’s social housing programmes.

In addition, policymakers and government officials involved in social housing policy will be trained and developed corresponding skills and abilities through advanced capacity building and technical assistance programs.

Korean expert shares core issues in developing social housing.

At the conference, KOICA experts shared core issues for social housing development such as legal, financial plans, land fund creation,... Participants in the conference also exchanged ideas closely with the current situation of each locality.

Written by: Bich Ngoc
Translated by: Mai Anh