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housing credit

Housing credit on the rise: SBVs office

Housing credit on the rise: SBV's office

According to the State Bank of Vietnam (SBV), housing credit has been on the rise as the property market finds its footing and path to recovery.
Social housing credit package to be made more preferential to increase disbursement

Social housing credit package to be made more preferential to increase disbursement

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...
Why VNĐ120 trillion social housing credit package has few takers

Why VNĐ120 trillion social housing credit package has few takers

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.
Experts recommend expanding borrowers of US5.11 billion credit package

Experts recommend expanding borrowers of US$5.11 billion credit package

In order to effectively disburse a low-interest housing credit package of VND120 trillion (US$5.11 billion), many experts recommend expanding the borrowers.
SBV calls for VND120 trillion social housing credit package to be sped up

SBV calls for VND120 trillion social housing credit package to be sped up

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.
HCM City property rebounds

HCM City property rebounds

The HCM City housing market is recovering thanks to effective government policies like allowing foreigners and overseas Vietnamese to buy houses, an industry insider has said.
Homebuyer support package launched

Homebuyer support package launched

A credit package worth some VND20 trillion (US$952.38 million) will be released to support homebuyers interested in commercial and urban housing projects, reported Xay Dung, the Ministry of Construction''s e-paper.
Central bank wants lending interest rates cut

Central bank wants lending interest rates cut

Soon after the Lunar New Year the governor of the State Bank of Viet Nam said the central bank would continue to tell banks to further cut interest rates on loans to businesses by 1-2 per cent.