Prime minister impressed with Binh Duong's housing offer
  • By Bui Hoang Tam | dtinews.vn | January 04, 2017 08:00 AM

Prime Minister Nguyen Xuan Phuc has given high praise to Binh Duong Province Party Secretary Nguyen Van Nam after he offered 1,700 low-cost houses to workers.

On January 1, Phuc said, "On the last days of the year, before Lunar New Year, we have been most impressed by Binh Duong Province Party Secretary Nguyen Van Nam's offer of 1,700 houses, each worth VND100m (USD4,393) to workers."

The demand for home ownership has been traditionally high in Vietnam. One folk saying summarises the three important things in a man's life: "Buy a buffalo, get married and build a house." Having a buffalo used to be how one started a business and raised a family in Vietnam where most people lived on rice farming. In modern times, having a house is often placed above getting married.

For a majority of married couples, their top concern is how to have a house of their own, to live and work in peace and contentment. The demand for housing has risen, especially for low-income people.

For many workers, the most they can earn in a year is VND120m (USD5,300) to VND150m, proving them savings of up to VND30m. However, the price for a very small house in Hanoi is around VND1bn. They will need to spend sparingly for decades in order to buy a house. But they only need five years to buy a VND100m home offered by Binh Duong Province. If they can get more help from friends and family, their dream home may become a reality.

Such promises should be widely applied across various provinces and cities. But more importantly, this shows how much the local authorities care for working people.

Phuc is trying to realise his vows after being elected as prime minister. He has made efforts in dealing with economic difficulties to boost production, fighting corruption and care for working people.

People are the country’s biggest asset and how leaders show respect and care towards them is indicative of their personality.

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