AUDIT SERVICES FOR FINAL ACCOUNT SETTLEMENT OF SOCIAL HOUSING PROJECTS

I. MARKET CONTEXT & DEVELOPMENT PRESSURE

The implementation of the project titled “Investment in the construction of at least 1 million social housing units for low-income individuals and industrial park workers in the 2021–2030 period”, approved under Decision No. 338/QĐ-TTg dated April 3, 2023 by the Prime Minister, marks a major national objective.

In particular, the period from 2025 to 2030 is considered the critical acceleration phase to accomplish the set targets.

To achieve this objective, the Government has proactively developed and issued numerous legal documents aimed at facilitating project implementation, including:

• Housing Law 2023

• Decree No. 100/2024/NĐ-CP dated July 26, 2024

• Decree No. 95/2024/NĐ-CP dated July 24, 2024

• Decree No. 54/2026/NĐ-CP dated February 9, 2026

• Resolution No. 201/2025/QH15 dated May 29, 2025

• Decree No. 192/2025/NĐ-CP dated July 1, 2025

• Decree No. 261/2025/NĐ-CP dated October 10, 2025

The simultaneous effectiveness of these new regulations requires investors to ensure absolute accuracy and compliance in documentation, in order to safeguard their entitlements to tax incentives, land policies, and regulated profit margins.

II. RISK WARNING: THE “180-DAY” DEADLINE

Pursuant to Clause 2, Article 13 of Decree No. 192/2025/NĐ-CP dated July 1, 2025:

“Within 180 days from the date of acceptance of construction completion and commissioning, the investor is responsible for conducting a state audit or independent audit, finalizing construction investment costs in accordance with housing law, construction law, and other relevant regulations, and submitting one set of audit and final settlement documents to the provincial Department of Construction where the project is located for appraisal of selling prices and lease-purchase prices of social housing.”

Potential risks for investors in case of delay or non-compliance:

• Delays in approval of official selling prices, resulting in financial losses and disrupted cash flow;

• Disallowance of ineligible costs in the final settlement, leading to a reduction in the regulated profit margin;

• Increased exposure to inspections, audits, and compliance risks from competent authorities.

III. VIET UC AUDITING COMPANY LIMITED – YOUR TRUSTED PARTNER

In the context where social housing projects typically involve large capital investment, tight implementation timelines, and complex legal–technical procedures, independent auditing is not only a regulatory requirement but also serves as a strategic safeguard for protecting investors’ interests.

At Viet Uc Auditing Company Limited, we do not merely provide compliance-based audit services. We deliver comprehensive value protection solutions through the following five core commitments:

IV. TEAM OF EXPERTS & TYPICAL PROJECTS

1. Expert Team

We have a team of over 50 experienced professionals, many of whom have previously worked at Big4 auditing firms, and have successfully consulted and audited numerous large-scale projects both domestically and internationally.

2. Representative Projects Completed

• Technical infrastructure system and 02 resettlement apartment blocks, green park, and sports facilities project, Ward 12, Binh Thanh District, Ho Chi Minh City

  • Total investment: Over VND 2,023 billion

  • Investor: Vietracimex

• Construction of 2,220 apartment units and technical infrastructure for the 38.4-hectare residential area, Binh Khanh Ward, District 2

  • Total investment: Over VND 4,995 billion

  • Investor: Thuan Viet Construction Trading Co., Ltd.

• Construction of 4,216 apartment units with technical infrastructure, parks, and green spaces within the 30-hectare area, Binh Khanh Ward, District 2

  • Total investment: Over VND 7,530 billion

  • Investor: 21st Century International Development Co., Ltd.

• Renovation of deteriorated and dangerous old apartment buildings in Hai Phong City – Goldenland 5 Project (HH1, HH2, HH3, HH4 blocks), Dong Quoc Binh Ward, Ngo Quyen District

  • Total investment: Over VND 3,033 billion

  • Investor: Hoang Huy Financial Services Investment JSC

• Phu My Resettlement Area Project (ERA TOWN)

  • Total investment: Over VND 4,374 billion

  • Investor: Duc Khai Corporation

Viet Australia
Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.