CaliToday (12/10/2025): In a significant move aimed at improving access to affordable housing, the Vietnamese government has officially approved an increase in the income threshold for individuals and families eligible to purchase social housing. The new regulation raises the maximum monthly income for a married couple to 40 million Vietnamese Dong (VND), a decision celebrated as welcome news for thousands of low-income workers across the country.
This policy adjustment is a direct response to the growing economic pressures faced by urban laborers, including rising inflation and the escalating cost of living, which have made homeownership an increasingly distant dream for many. The previous income cap was widely considered outdated and failed to reflect the financial realities of families, particularly in major cities like Hanoi and Ho Chi Minh City.
Under the new decree, a married couple with a combined monthly income not exceeding 40 million VND (approximately $1,575 USD) will now qualify to apply for social housing programs. This is a substantial increase from the previous limit, effectively expanding the pool of eligible beneficiaries and providing a crucial pathway to stable housing for teachers, factory workers, civil servants, and other essential members of the workforce.
Social housing is a cornerstone of Vietnam's social welfare policy, designed to provide affordable, quality homes for low-income groups who would otherwise be priced out of the conventional real estate market. These government-supported projects offer apartments at subsidized rates, often with preferential loan terms, helping to ensure social stability and support the nation's continued industrial and economic growth.
The decision has been met with widespread approval from both workers and industry experts. Labor unions have lauded the move as a practical measure that will significantly ease the financial burden on working-class families, allowing them to secure a permanent residence and build a more stable future.
Economists believe this policy will not only address a critical social need but could also stimulate the affordable housing segment of the real estate market. By widening the eligibility criteria, the government is likely to boost demand for social housing projects, encouraging developers to invest more in this vital sector.
This initiative underscores the government's commitment to social security and its focus on ensuring that the benefits of Vietnam's rapid economic development are shared more equitably among its citizens. As the new regulation comes into effect, it is expected to bring tangible relief and renewed hope to countless families striving for the security of homeownership.
