Quang Ngai believes that the housing development program will cost VND 120,000 billion to carry out
- 154
- Business
- 21:07 21/08/2022
DNHN - The Chairman of the Quang Ngai Provincial People's Committee just signed Decision No. 882/QD-UBND on Quang Ngai province's housing development program until 2030 and its vision through 2050.

According to the Program, Quang Ngai's housing development plan for the next few years is to build homes using the market mechanism, in line with the law, the natural and economic conditions of each period, and the approved master plans, plans on land use, and construction plans.
In particular, the amount of money that needs to be raised for implementation from 2021 to 2025 is more than 53,162 billion VND. More than 3,620 billion VND needs to be put into the budget, including 3,572.6 billion VND to build resettlement areas and 47.8 billion VND to build 184 official residences with a usable area of 40 m2.
More than 9.7 million m2 of new residential floor space should be built by 2030, bringing the total floor space in the province to more than 49.8 million m2. It is expected that more than VND 53,162 billion will need to be raised to finish building homes from 2021 to 2025, and nearly VND 67,308 billion will be needed from 2026 to 2030.
In which, the budget capital needs to be set aside for nearly 2,338 billion VND, including 2,278 billion VND to invest in the construction of resettlement areas, 59.8 billion VND to invest in the construction of 214 official residences with a usable area of 40m2, and 6 official residences with a usable area of 80m2.
Also, 2.157ha of residential land will be given to investors in Quang Ngai province between 2021 and 2030 so they can build commercial homes and urban areas as part of their investment projects. There are also 39.81 hectares of residential land set aside for investors to use in projects to build social housing and 255 hectares of residential land set aside for projects to set up a resettlement land fund. About 1.63 hectares of residential land will be used to build official residences from 2021 to 2030.
The main goal of the program is to create a transparent and sustainable housing real estate market that is regulated and watched over by the state and is in line with land use planning, strategies, programs, and the housing development plan. It also wants to limit speculation and waste of land resources in housing development. In terms of quantity, structure, and quality, it must also meet all of the housing needs in the province.
To reach the above goal, the Provincial People's Committee also came up with several important ideas for mechanisms and policies, architectural planning, promoting housing development and the real estate market, and building homes for people who receive social housing. The province also came up with a lot of ideas to encourage socialization in housing development and to make it easier for businesses to invest in building commercial housing projects and urban areas.
At the same time, come up with preferential policies that fit with the law and the real situation in the province to get businesses to invest in building social housing projects. Especially social housing projects for workers in industrial parks and industrial clusters. Consider using the money from the 20% land fund for commercial housing projects in urban areas to clear the site and build the technical infrastructure for social housing projects.
Trong Tam
Related news
- VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
- Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
- Prime Minister: Vietnam aims to become a regional logistics hub
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
- Hanoi’s economy grows 7.92% in first nine months of 2025, FDI surges nearly threefold
- Vietnam’s strong gdp growth fails to ease labor market distress
- US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
- VietLeap AI Accelerator launches: A strategic springboard for Vietnam’s AI startups
- CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
- What must Vietnamese enterprises do to maintain their position in the global supply chain?
- Vietnam advances cybersecurity law to boost digital sovereignty and business resilience
- Vietnam embraces digital tools to modernize public administration
- Administrative procedures for establishing the national technology exchange reduced to one application set
- Vietnam hits highest FDI inflow since 2009, fuels industrial real estate boom
- Foreign investors expected to open 150,000 new securities accounts in the next 5 years
- Government’s plan to implement Law on Digital Technology Industry approved
- Vietnam launches “Private Economy Panorama Model” to foster public-private national development
- Shark Nguyễn Hòa Bình: Hanoi will become the capital of startup innovation.
- Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
- White House: When politics and technology join forces to rewrite the global AI order
Đọc thêm Business
VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
On October 15, 2025, in Hanoi, VINASME and Jeonnam Technopark (Korea) signed an MOU to promote trade, advance technology transfer, and develop human resources between enterprises of both nations.
Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
On the occasion of Vietnam Entrepreneurs’ Day (October 13), an international event themed “Integration – Innovation – Sustainable Development” was solemnly held in Ho Chi Minh City.
Vietnam upgraded to Secondary Emerging Market by FTSE Russell
FTSE Russell has officially upgraded Vietnam’s stock market to Secondary Emerging Market status, effective September 2026, marking a historic milestone for the country’s financial integration and global investment appeal.
US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
Vietnam’s pangasius industry eyes $2 billion worth of exports in 2025 amid shifting US trade policy and a global supply realignment.
CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
On the afternoon of September 26, 2025, a strategic cooperation signing ceremony took place between CICON (Korea) and its key Vietnamese partners, including the Ho Chi Minh City Association of Small and Medium Enterprises (HUBA), Doanh nghiệp & Hội n
What must Vietnamese enterprises do to maintain their position in the global supply chain?
Mr. Lu Wei Chieh, General Manager of Cathay United Bank – Ho Chi Minh City Branch, shared with Business & Integration Magazine key strategies that can help Vietnamese enterprises not only stand firm but also go further amid shifting global dynamics.
Vietnam hits highest FDI inflow since 2009, fuels industrial real estate boom
This robust inflow is not only transforming the country’s industrial landscape but also signaling Vietnam’s rising role in the global supply chain amid shifting geopolitical dynamics.
Foreign investors expected to open 150,000 new securities accounts in the next 5 years
The Ministry of Finance has set an ambitious target to increase the number of securities trading accounts held by foreign investors in Vietnam to 200,000 by 2030—four times higher than the current figure.
Vietnam launches “Private Economy Panorama Model” to foster public-private national development
Billionaire Nguyen Thi Phuong Thao emphasizes that entrepreneurs’ responsibilities extend beyond profits to creating social value.
Deputy Prime Minister Lê Thành Long meets with Osaka Governor Yoshimura Hirofumi to promote Vietnam–Japan cooperation.
As part of his working visit to Japan and participation in the Vietnam National Day at EXPO 2025 Osaka, on September 8, Deputy Prime Minister Lê Thành Long held talks with Osaka Governor Yoshimura Hirofumi.