Hanoi, Jan. 13 -- Prime Minister Pham Minh Chinh has urged authorities to rein in commercial housing prices, particularly for apartments, stressing that prices should better reflect household income levels, prevailing economic conditions, and market fundamentals.

Addressing the fifth meeting of the Central Steering Committee on Housing Policy and Real Estate Market virtually connected to all 34 cities and provinces on January 13, PM Chinh praised ministries, agencies, and local authorities for drastically following resolutions, conclusions, and directions from the Party Central Committee, its Politburo and Secretariat, National Assembly, and Government. Efforts to expand housing supply and manage real estate market have been pursued with...