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Low Income Updates
National Assembly votes on piloting special mechanism for social housing development
According to National Assembly Chairman Tran Thanh Man, the issuance of the National Assembly Resolution is aimed at removing obstacles and simplifying procedures to attract businesses to invest in the field of social housing construction.
News
Nghe An creates momentum for social housing development
According to the Government's Project "Investing in the construction of at least 1 million social housing apartments for low-income earners and industrial park workers in the period of 2021-2030", by 2030 Nghe An province must build 28,500 social housing apartments. With the timely attention and support of all levels, sectors and the efforts of investors, Nghe An has achieved positive results...
In 45 days, Tuong Duong district built and repaired more than 1,140 houses for the poor.
On the afternoon of April 16, the Steering Committee for Mobilizing and Supporting Housing Construction in Tuong Duong District held a preliminary review of the first phase of the "90-day and night" campaign to build and repair houses for the poor and people with difficult housing circumstances in 2025.
Add criteria to identify low-income workers
The Government has just issued Decree No. 30/2025/ND-CP amending and supplementing a number of articles of Decree No. 07/2021/ND-CP dated January 27, 2021 regulating multidimensional poverty standards for the period 2021 - 2025. In particular, Decree No. 30/2025/ND-CP supplements regulations on criteria and procedures for reviewing and identifying low-income workers under the National Target Program on Sustainable Poverty Reduction for the period 2021 - 2025.
Proposed criteria for identifying low-income workers
The Ministry of Labor, War Invalids and Social Affairs is proposing to develop a Decree amending and supplementing Decree No. 07/2021/ND-CP dated January 27, 2021 of the Government regulating multidimensional poverty standards for the period 2021 - 2025.
Nghe An implements project to build 1 million apartments for low-income earners and industrial park workers
(Baonghean.vn) - The project is implemented to meet the housing needs of low-income people in Nghe An province.
Social housing - the last 'clinging point' for low-income people's dream of settling down
Apartment prices in urban areas are constantly increasing, social housing projects with quite affordable prices from 17-20 million VND/m2 have become the last hope of low-income people for a dream of settling down.
Nghe An implements 31 social housing and housing projects for low-income people
DNUM_BBZAFZCACD 09:59
(Baonghean.vn) - Currently, the People's Committee of Nghe An province is assigning departments, branches, sectors and project investors to organize and implement 31 social housing projects and housing for low-income people in the province. It is expected that after completion, there will be an additional 22,519 social housing apartments.
Prime Minister: Urgently develop investment projects to build at least 1 million social housing apartments
DNUM_ABZAIZCACC 15:25
The Prime Minister requested to urgently develop an investment project to build at least 1 million social housing apartments for workers and low-income people from now until 2030.
Low minimum wage, many workers do not want to be workers
DNUM_BCZADZCACC 07:16
(Baonghean.vn) - "I have been working at a company in Nghe An for 5 days and have decided to quit. I will rent a room anyway, so I will look for a job opportunity with a better income" - a worker returning from the South frankly shared.
Proposing 2 salary increase options in 2020
DNUM_BGZAGZCACA 06:10
For retirees, social welfare beneficiaries, and those with revolutionary contributions, salaries still need to increase according to the roadmap from July 1.
Nghe An voters: Pedagogy industry cannot recruit good students because of difficult output and low income
DNUM_AGZAFZCABJ 17:35
(Baonghean.vn) - This is the opinion of voter Nguyen Van Phuong - Vice Principal of Nghia Phuc 1 Primary School, Nghia Phuc Commune, Tan Ky District (Nghe An) when speaking to National Assembly delegates.
Loans to buy social housing: About 1,000 billion VND will be disbursed
DNUM_ACZBAZCABI 16:23
The Vietnam Bank for Social Policies said that so far, 700 people have borrowed preferential loans to buy social housing in 50 provinces and cities with loans equivalent to VND200 billion. The Vietnam Bank for Social Policies expects that by the end of 2018, the program's disbursement will reach VND1,000 billion - equivalent to thousands of households receiving loans.
Ministry of Construction proposes to "remove difficulties" in social housing credit
DNUM_DAZAFZCABI 21:00
On May 30, the Ministry of Construction said it had just proposed that the Government consider adding VND3,000 billion to the Vietnam Bank for Social Policies to support people in buying social housing.
Finance Minister: No VAT increase, further study on property tax
DNUM_CHZAFZCABI 08:00
The leaders of the Ministry of Finance affirmed that taxes will be studied in the direction of expanding the subjects, tax bases and reasonable tax rates.
Staff quit due to low income
DNUM_BHZAFZCABI 09:24
Reduced income makes life difficult for non-professional staff, forcing them to quit their jobs and find new ones.
Low income people also have to pay property tax?
DNUM_BFZAEZCABI 07:27
With the plan that houses over 700 million VND must pay property tax, many experts believe that the Ministry of Finance has "included" low-income people in the taxable category.
Nghe An: 112 real estate projects allow foreigners to own
DNUM_BJZADZCABI 06:15
(Baonghean.vn) - Data released by the Department of Construction of Nghe An province shows that, up to now, the province has had 112 real estate projects allowing foreigners to own.
Prime Minister: A heroic country with low income, what's exciting?
DNUM_BIZABZCABI 20:24
“I often say that a heroic country, a heroic people with such a low average income is nothing to be excited about. We must find a way to make the nation better, the people richer, the people more prosperous, no one left behind, especially the socio-economy must develop sustainably and effectively,” Prime Minister Nguyen Xuan Phuc shared.
VAT increase: Millions of people affected, Ministry of Finance "takes a step back"
DNUM_AEZABZCABI 12:29
The Ministry of Finance has proposed to increase VAT from 10% to 12% effective from January 1, 2019. Concerned that the tax increase will strongly affect all investment - production and circulation, and ultimately millions of people will be affected, many ministries, branches, associations and localities disagree. However, the Ministry of Finance is still determined to increase VAT and only "takes a small step back".
Increasing pressure on low-cost home buyers
DNUM_ADZAJZCABH 21:41
The recent proposal by the Ministry of Finance to increase VAT from 10% to 12% from 2019 will cause real estate prices to increase, directly affecting home buyers, especially low-income earners.
Low-income earners 'hurt' by VAT hike
DNUM_BJZAIZCABH 09:26
Regarding the Ministry of Finance's proposal to increase value-added tax (VAT) on consumer goods from 10% to 12% from 2019 or to 14% from 2021, many opinions disagree with this issue, and at the same time recommend that the Ministry of Finance be cautious when adjusting the tax rate.
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