Hanoi, May 29 -- The National Assembly on May 29 passed a resolution on piloting a number of special mechanisms and policies aimed at accelerating the development of social housing, with the majority of lawmakers voting in favour.

The resolution outlines several pilot measures to be applied nationwide, including the creation of a National Housing Fund. It also permits the simultaneous investment approval and appointment of project investors without a bidding process for projects building social housing and housing for the armed forces that do not rely on public investment.

It also allows the application of special mechanisms regarding the planning, appraisal, approval, and adjustment of detailed plans for social housing projects, as wel...