Bắc Ninh Says Its Social Housing Stock Has Reached 150,000 Units

At a Vietnam–South Korea conference on artificial intelligence and semiconductors on November 12, Bắc Ninh Vice Chairman Phạm Văn Thịnh said the province had 130,000 social housing units for sale and 20,000 for rent, giving it the largest stock in Vietnam. He also said the province was developing higher education in science and engineering, with about 23,000 new student places each year to meet semiconductor companies’ demand for skilled workers.

Illustrative image of social housing.（VietVance）

At a May 7 meeting with a Ministry of Construction working group, Bắc Ninh reported that, as of the end of April 2026, the province had 102 social housing projects totaling about 117,000 units. Of these, about 24,000 units across 31 projects had been largely completed and put into use, while construction was being advanced on nearly 94,000 units across about 71 projects. Under the government’s social housing development targets for 2026–2030, Bắc Ninh must complete 19,900 units in 2026.

On September 15, Bắc Ninh approved the investment proposal for a social housing project in the Phúc Sơn residential area and directly designated Công ty Cổ phần nhà ở xã hội và thương mại dịch vụ Bắc Ninh as the investor. The project will occupy about 6,778 square meters and comprise two residential buildings with about 714 units in total, as well as about 9,222 square meters of commercial and service space. It is expected to accommodate about 1,200 people.

The project’s estimated total investment exceeds VND 1.3 trillion. Its approved development schedule is 36 months, including about nine months for preliminary procedures, about 24 months for construction and about three months for final inspection. The approved schedule also requires the investor to complete the residential buildings’ foundations within six months of starting construction.

Source: VietVance