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Low Income People

State Bank of Vietnam draft regulations on social housing lending cause controversy.

State Bank of Vietnam draft regulations on social housing lending cause controversy.

The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses.
Mobile banking project launched for low income people and women

Mobile banking project launched for low income people and women

Viet Nam Bank for Social Policies (VBSP) on Friday officially launched the project “Mobile Banking – Financial Inclusion and Economic Empowerment for Low Income People and Women in Viet Nam” - Phase 2 (Mobile Banking 2).
EVN subsidiary launches credit package for low income borrowers

EVN subsidiary launches credit package for low income borrowers

EVN Finance Joint Stock Company, a subsidiary of the Electricity of Viet Nam Group, on Monday officially launched the consumer finance brand Easy Credit for people on low incomes.
HCMC to build apartments with price at VND300m

HCMC to build apartments with price at VND300m

Authorities of HCM City plan to develop projects to build apartments with prices at under VND1 billion (US$43,898) per unit for employees located in the city.
Housing loans prove difficult to unlock

Housing loans prove difficult to unlock

The HCM City People''s Committee has directed district, commune and ward administrations to simplify formalities for home buyers in their respective localities.