More capital poured into social housing Society

More capital poured into social housing

A social housing credit package worth 30 trillion VND (1.3 billion USD) is on the verge of running out, and this could pose difficulties for low-income people when it comes to renting or buying property. ​
Bank proposes 4.8 percent interest for social housing loans Society

Bank proposes 4.8 percent interest for social housing loans

The Vietnam Bank for Social Policies (VBSP) has submitted proposals to the Prime Minister on the interest rates for preferential loans to rent and buy social housing or build, upgrade, and repair houses in 2019, with the suggested annual rate of 4.8 percent.
Social housing development boosts economy: Minister Business

Social housing development boosts economy: Minister

Social housing development not only improves societal strength but also boosts the economy overall, said Minister of Construction Pham Hong Ha, emphasising that Government spending on social housing can lift the real estate industry as a whole.
HCM City gov't workers seek higher wages Society

HCM City gov't workers seek higher wages

Government workers and civil servants in Ho Chi Minh City have asked for higher salaries in a meeting held by the city People’s Council to listen to their voters’ opinions.
Business

Constituents hail monetary policies, but more need to be done

Monetary policies have produced good results so far, but there is still room for improvement, constituents concluded after the Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh responded to questions during the 31st session of the National Assembly Standing Committee in Hanoi on September 29.
Business

Stimulus package gets new tune-up

The Vietnamese government’s continued support of stimulus packages for the property sector is expected to offer more hope to property firms and buyers this year as the market begins its early-year recovery, the Vietnam Investment Review (VIR) reported.