Vietnam's Vingroup to build 500,000 affordable houses by 2030

Apartment prices soar in big cities, demand for 'social housing' rises

20250210 HMC

High-end apartments in Ho Chi Minh City. A lack of affordable housing in Vietnam makes home ownership out of reach for many ordinary people. (Photo by Yuki Kohara) 

Nikkei staff writers

TOKYO -- Vietnam's conglomerate Vingroup pledged last week to build half of the government's goal of 1 million affordable housing units.

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