Statistics of the State Bank of Việt Nam’s Credit Department showed that to date, VNĐ1.344 trillion from the social housing credit package has been disbursed, 96.4 per cent of which was provided to project’s developers, while just a modest sum...
The credit package was d following the issuance of Resolution No 33/NQ-CP in March by the Government with a number of solutions to promote the healthy and sustainable development of the property market.
The package covers social housing development, homes for workers and renovation of degraded apartments with preferential interest rates around 1.5-2 per cent lower than the average rate of four State commercial banks.
