PM asks to disburse housing package

Thursday, Dec 12, 2013 00:19

The VND30 trillion (US1.4 billion) loan package will be given to low-income workers, who demand to buy own houses. Photo

HA NOI (Biz Hub) — The Prime Minister has asked the State Bank of Viet Nam to direct commercial banks to speed the disbursement of the VND30 trillion (US$1.4 billion) loan package for home buyers.

In the government resolution in the November session, the central bank was required to focus on resolving problems and tackle bad debts, conducting the monetary policy with flexibility and combining fiscal policies reasonably to help enterprises borrow capital for their production and business operations at the end of this year.

The Prime Minister also asked the Ministry of Construction to perform research and design plans to expand flood shelter pilot models, as well as amend economic norms to prevent wasting money.

Earlier, speaking at the session, Minister of Construction Trinh Dinh Dung said there were positive changes in the real estate market, although it remains in a recession.

The real estate inventory has decreased 22 per cent, compared with that in March 2013, he said.

At the moment, the real estate inventory across the country (excluding the on-going projects) is valued at VND100 trillion ($4.7 billion). In November, Vingroup sold 300 apartments at Royal City in Ha Noi, showing an improving sign in the market.

The minister also reaffirmed that the policies to support property market was correct, yet the process of the designing policy was ineffective.

"We all know that unfastening difficulties involves solving the maladjustment of supply and demand. There is high supply and low demand for high-class houses, while it is reverse for average and small-sized ones," he said.

Talking about the VND30 trillion loan package, Dung said that it aimed at supporting low-income workers, and not saving the property market that led to the slow speed of the disbursement.

According to the central bank's Auditing Department, by the beginning of November, 619 individual customers had been given commitments for borrowing money, while 590 customers had received more than VND142 billion ($6.7 million) from the government's housing package. — VNS

Comments (5)

Oan quá cho bà giúp việc, đến 80% cư dân mạng đều đổ oan cho bà, rất mong các bạn có bình luận hãy đừng "chụp mũ" như vậy, khổ thân người ta quá.

Nguyen Coi Qua - Monday, 13/07/2015, 16:00 Reply | Like

Lấy dấu vân tay tất cả công nhân và 10 người bị đuổi trước đó.

Huynh Ngoc Kham - Thursday, 09/07/2015, 14:20 Reply | Like

Bà giúp việc có vấn đề.

Nguyen Van Tam - Wednesday, 08/07/2015, 17:45 Reply | Like

Mọi việc cơ quan điều tra đang cố gắng làm sáng tỏ.

Pham Van Long - Wednesday, 08/07/2015, 08:54 Reply | Like

Quá tàn nhẫn, giết chết 6 mạng người. Tội nghiệp một đứa trẻ mồ côi cả cha lẫn mẹ. Tôi nghĩ nhà nước cần cải cách luật, nếu giết 6 mạng người cắt cổ như cắt cổ gà thì người đó đủ tuổi hay không cũng phải tử hình mới thỏa đáng. Mạng sống của người ta mà người đó tước đoạt làm cho con bé mồ côi cha mẹ, tội nghiệp cho một gia đình. Hết vụ án Lê Văn Luyện, giờ tới vụ án như thế này chấn động cả nước Việt Nam.

Nguyen Thi Thu Tai - Wednesday, 08/07/2015, 05:22 Reply | Like