Member of the Party Central Committee, Deputy Secretary of the Government Party Committee; Minister, Head of the Government Office Tran Van Son directed at the Congress. Photo: VGP/PT
On July 9, the Housing and Urban Development Corporation (HUD) held the 6th Party Congress for the 2025-2030 term.
The congress took place over two days, July 8 and 9, with the participation of 168 official delegates, representing nearly 700 party members of the HUD Corporation Party Committee.
Member of the Party Central Committee, Deputy Secretary of the Government Party Committee, Minister, Head of the Government Office Tran Van Son attended and directed the Congress.
Determined to achieve big goals
Comrade Tran Van Son highly appreciated the results achieved by HUD in the 2020-2025 term, especially maintaining stable growth, exceeding the set target in the context of a volatile real estate market. In particular, Comrade Tran Van Son acknowledged that HUD has set a breakthrough target of developing 400,000m2 of social housing, equivalent to about 3,700 apartments in the 2025-2030 period and preparing land funds and capacity to deploy 1.5 million m2 of social housing for the next phase.
"HUD needs to continue to affirm its position as a key state-owned enterprise in the field of urban development and social housing. This is not only a political task but also an opportunity to affirm the enterprise's capacity, prestige and social role," the Minister and Head of the Government Office requested.
With the goals set by HUD in 5 years (2025-2030) including: achieving total revenue increase of over 50%; total pre-tax profit increase of over 63% compared to the previous term; Total value of payment to the State budget is expected to be about 7,000 billion VND; Average income of workers increases sharply, ensuring stable material and spiritual life... Comrade Tran Van Son assessed that "these are very ambitious targets, but completely feasible if HUD has high political determination and appropriate management strategy".
Minister and Head of the Government Office Tran Van Son presents flowers from the Government Party Committee to congratulate the Congress. Photo: VGP/PT
Comrade Tran Van Son suggested that HUD closely follow the Party Central Committee's resolutions, the Government's action program, especially the new Resolution on State economic development expected to be submitted to the Politburo in the third quarter of 2025. In addition, the Minister and Head of the Government Office hopes that HUD will study and develop commercial housing with prices suitable for the income of cadres, civil servants, public employees and workers.
"Developing affordable commercial housing will create a sustainable, long-term real estate market and this is the great social responsibility of state-owned enterprises like HUD," Mr. Tran Van Son emphasized.
Comrade Tran Van Son requested HUD Corporation to complete the Corporation's restructuring project, associated with the innovation of a modern governance model in the spirit of Resolution 57-NQ/TW; Maintain 100% state capital, promote the role of core enterprises in key areas; Strengthen the application of technology, comprehensive digital transformation from planning, design, business to after-sales; Take care of training and developing staff, ensuring political, professional and ethical standards; Build the Party associated with corporate culture; Continue to improve the leadership capacity and fighting strength of Party organizations at all levels...
Comrade Tran Van Son affirmed: "With a 35-year tradition of construction and development, a healthy financial foundation, and a solid staff, HUD has every basis to become a bright spot in the system of State-owned enterprises in the Construction sector. The Government and central agencies will continue to accompany and create favorable conditions for HUD to develop comprehensively, promote internal strength, creativity, and actively contribute to the development of the country".
Member of the Standing Committee of the Party Committee of the Ministry of Construction, Deputy Minister of Construction Nguyen Viet Hung also highly appreciated the efforts and results that HUD has achieved during the past term. In particular, the Deputy Minister expressed his impression of HUD's comprehensive restructuring.
"Thanks to synchronous restructuring, HUD has built a healthy financial foundation, a solid human resource team, and a project portfolio worth tens of thousands of billions of VND, stretching from North to South, becoming a solid premise for the next step of development," the Deputy Minister noted.
To continue affirming its position as a key state-owned enterprise in urban and social housing development, the Deputy Minister of Construction requested HUD to focus on maintaining its strategic orientation, promoting the development of social housing and workers' housing; Promoting the value of existing projects, accelerating implementation progress and putting them into effective operation; Continuing to improve restructuring work, overcoming bottlenecks in land valuation, resource allocation mechanisms and enhancing responsibility in capital use; Promoting the role of the Party organization, each Party member must be a model center, each Party cell is a solid political support in the unit.
Launching the Executive Committee of the Party Committee of HUD Corporation, term VI, consisting of 27 comrades - Photo: VGP/PT
Previously, reporting at the Congress, Member of the Government Party Executive Committee; Party Secretary, Chairman of the Board of Members of HUD Corporation Dau Minh Thanh said that in the 2020-2025 term, Party building work at HUD Corporation continued to be affirmed as a key pillar, playing a comprehensive leadership role, creating a solid political and ideological foundation for production and business activities and sustainable development of the enterprise.
Under the leadership of the Party Committee, HUD Corporation achieved an average growth of 7.1% per year in total revenue and other income. Pre-tax profit achieved an average growth of 17.4% per year. The ratio of after-tax profit/owner's equity reached 4.8 - 7.8% per year. Total payment to the State budget in 5 years reached more than 5,300 billion VND. Average income of employees increased steadily by over 5% per year.
Affirming its pioneering role in developing social housing, HUD Corporation has completed 11 projects with nearly 3,700 apartments, total floor area of 370,000m², making practical contributions to social security and implementing major policies of the Party and State.
HUD streamlined its apparatus, increased capital for key units, and merged executive boards in line with regional development orientations. Enterprises gradually approached advanced governance models, enhanced digital transformation, and modernized operations.
The Congress reviewed the 2020-2025 term, determined the direction and tasks for the 2025-2030 period; discussed documents from higher levels; elected the Executive Committee of the Party Committee of HUD Corporation, term VI, consisting of 27 comrades who are outstanding in intelligence, qualities, mettle and spirit of innovation; and elected the Delegation to attend the 1st Government Party Congress, term 2025-2030.
Phan Trang
Source: https://baochinhphu.vn/hud-can-tiep-tuc-khang-dinh-vi-the-doanh-nghiep-nha-nuoc-chu-luc-trong-phat-trien-nha-o-xa-hoi-102250709150304665.htm
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