The central province of Phu Yen has allocated 4.8 billion VND (220,000 USD) for 336 of its impoverished households to build flood-proof houses this year.
The project will offer each family 12-16 million VND (570 USD – 760 USD), with plans to extend the benefit to another 84 households next year.
Phu Yen has also instructed districts to provide 8 million VND (380 USD) to each household from local support funds, dedicated to disadvantaged members of the community.
Families in poverty are also able to borrow up to 15 million VND from the Vietnam Bank for Social Policies with an annual interest rate of 3 percent over 10 years.
In 2013, the province financially assisted in the building of 100 flood-proof houses in Tuy An and Dong Xuan districts.-VNA
The project will offer each family 12-16 million VND (570 USD – 760 USD), with plans to extend the benefit to another 84 households next year.
Phu Yen has also instructed districts to provide 8 million VND (380 USD) to each household from local support funds, dedicated to disadvantaged members of the community.
Families in poverty are also able to borrow up to 15 million VND from the Vietnam Bank for Social Policies with an annual interest rate of 3 percent over 10 years.
In 2013, the province financially assisted in the building of 100 flood-proof houses in Tuy An and Dong Xuan districts.-VNA
