President Triet praised the outstanding achievements recorded by HUD over the last 20 years, emphasising that the Corporation has played an important role in building houses for workers and the States employees.

The model of building residential areas and new urban areas initiated by HUD should be implemented by others, he noted.

The State leader called on HUD and other businesses to build more houses to serve the national social welfare programme and contribute to the nation’s development process.

He also asked HUD to continue developing building urban areas in provinces and cities nationwide and focus on building more houses for workers, students and low-income earners.

The HUD trademark has become more and more popular on the local market thanks to its successful implementation of major projects to develop modern urban areas, such as Dinh Cong, My Dinh II, Viet Hung, Linh Dam, Van Quan, and Phap Van-Tu Hiep.

Since June 2000, HUD has developed under the form of a state-owned Corporation, with a focus on developing high-rise buildings, urban areas and key economic zones in all three regions of the country. The Corporation has contributed greatly to the national social welfare programme. Recently, HUD was chosen by the Ministry of Construction as a key partner in the project to build Vietnam Housing and Urban Development Group in the near future.