The region is speeding up the progress to approve investment plans for multiple projects as part of a nationwide programme aiming to develop at least one million social housing apartments for low-income and industrial park workers.

Three major new laws related to property ownership, recently approved by the National Assembly, are expected to bring about changes to the market, said business insiders and experts.

The two countries discussed cooperation measures on the basis of the visions and policies to boost digital innovation for growth, and pledged to enhance cooperation in the domains of ICT.

Local and international researchers, practitioners and policy makers met to discuss innovative approaches to the challenges posed by digitalisation and climate change in developing countries at the International Conference on Economics, Law, and Government that wrapped up on Wednesday.

Hồ Chí Minh City has set a target of having all of its buses using clean fuels or electricity by 2030, heard a workshop on green and electric energy for public transport held in the southern largest economic hub on Tuesday.

The plan stresses urban development as a growth driver and a key element of economic growth, while rural areas play a fundamental role in sustainable urban development.

The metro line measures 12.5km in length with eight elevated and four underground stations, according to plan.

The government has issued Decree No. 100, detailing certain provisions of the Housing Law regarding the development and management of social housing.

Preferential and special offer interest rates are expected to boost credit growth.

Despite an increase in new developments and resumption of a number of stalled projects, primary market inventory of apartments in HCM City remains low, according to a Savills Việt Nam report on the first half of the year.