THE PRIME MINISTER
------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
--------
No. 67/2009/QD-TTg
Hanoi, April 24, 2009 
 
DECISION
PROMULGATING A NUMBER OF MECHANISMS AND POLICIES ON DEVELOPMENT OF HOUSES FOR LOW-INCOME EARNERS IN URBAN CENTERS
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of Government;
Pursuant to the Government's Resolution No. 18/NQ-CP of April 20, 2009;

At the proposal of the Minister of Construction,
DECIDES:
Article 1. General provisions
1. The State encourages all economic sectors to invest in the construction of houses for sale (with lump-sum or installment payment), lease or lease-purchase to low-income earners in urban centers (below referred to as low-cost houses) by the mode of socialization.
2. Investors of low-cost housing projects are entitled to land, tax and credit incentives and other incentives under this Decision.
3. Low-cost houses must be built under urban development plannings on the basis of practical demands, national socio-economic conditions and local characteristics; the process of construction investment will be managed in strict accordance with regulations in a public and transparent manner to ensure construction work quality and effective management and use and avoid loss, waste and negative practices. Low-cost housing projects will be developed in harmony with commercial housing projects and projects on new urban centers in order to ensure low-income earners' access to benefits brought about by public welfare and social infrastructure facilities in urban centers.
4. Provincial-level People's Committees shall review and adjust or supplement their general construction plannings. detailed construction plannings and land-use plannings and plans in order to develop land for the construction of low-cost houses and. at the same time, determine the target of development of low-cost houses as one of basic targets in their local socio-economic development plans: this target must be formulated for each year and each period in conformity with local socio­economic conditions and characteristics in parallel with the definition of specific responsibilities for its implementation.
Article 2. Mechanisms for implementation of low-cost housing projects
1. Low-cost houses specified in this Decision are houses invested by enterprises of all economic sectors with capital mobilized by themselves. Investors of low-cost housing projects are entitled to incentives specified in Article 5 of this Decision.

2. Investors of low-cost housing projects are identified as follows: