Residents live in small alleys in Hoan Kiem District, Hanoi. (Photo dantri.com.vn)

The target is set in the national housing development strategy for the 2021-2030 period recently signed by Deputy Prime Minister Le Van Thanh.

The strategy also sets the goal of developing and repairing more than one billion sq.m of houses, equivalent to about 12 million apartments.

Vietnam’s average housing floor area reached 25sq.m per person in 2021,  one sq.m higher than that of 2020, according to the Ministry of Construction.