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bailout

MoLISA proposes 843m bailout package for businesses during COVID-19

MoLISA proposes $843m bailout package for businesses during COVID-19

The Ministry of Labour, Invalid and Social Affairs has proposed the Government issue a VNĐ20 trillion (US$843 million) bailout package to soften the economic impact of the COVID-19 pandemic.
Homebuyers given assistance

Homebuyers given assistance

Individuals purchasing commercial houses worth VND1.05 billion (US$50,000) or less in urban projects that authorities have approved are entitled to financial assistance from the national real estate bailout programme.
New circular sets home purchase bailout limits

New circular sets home purchase bailout limits

Individuals purchasing commercial houses worth VND1.05 billion (US$50,000) or less in urban projects that authorities have approved are entitled to financial assistance from the national real estate bailout programme.
Disbursement of property bailout package makes slow progress

Disbursement of property bailout package makes slow progress

Banks disbursed less than 4 per cent of the VND30 trillion or US$1.43 billion property bailout package, launched by the Government nearly a year ago.
Bailout disbursement hits snag

Bailout disbursement hits snag

Only 120 individual clients in HCM City have been eligible to borrow capital from the Governments VND30 trillion (US$1.4 billion) credit package as of September 15, according to the municipal Peoples Committee.