HÀ NỘI — On the occasion of the 50th anniversary of the Liberation of Huế (March 26, 1975 – March 26, 2025), the Huế People’s Committee, in collaboration with Phú Mỹ Thượng Investment Joint Stock Company, on Monday held a groundbreaking ceremony for a major social housing project.

The living areas within lot XH1 of Zone C are part of the An Vân Dương New Urban Area (commercially branded as Kinetic Living), in Thuận Hóa Ward.

The project has a total investment of over VNĐ842 billion (US$32.9 million) and covers a land area of approximately 31,847 square metres. It will comprise a nine-storey complex with 720 social housing apartments and 47 adjacent commercial townhouses. Sales for off-plan apartments are expected to begin in the fourth quarter of 2025, with full completion anticipated in the first quarter of 2030.

Speaking at the event, Huế City's Vice Chairman Hoàng Hải Minh noted that under the national housing development plan for 2025–2030, Huế is expected to deliver 7,500 social housing units to ensure all citizens have access to stable and affordable homes.

He emphasised that the groundbreaking in the An Vân Dương New Urban Area is particularly significant, demonstrating the city’s strong commitment to expanding its social housing stock and improving living standards for local residents.

On the same day, the city of Huế and Cotana Capital Real Estate Investment and Development JSC also broke ground on another social housing project involving two residential blocks, XH1 and XH4, within the OXH1 High-Rise Social Housing Complex in Phase 2 of the Thủy Vân Complex, located in Zone B of the An Vân Dương New Urban Area.

This project has a total investment of VNĐ320 billion, with block XH1 comprising 210 units and block XH4 offering 149 apartments. — VNS