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.
SBV leader believes in healthier banking activities in coming time Business

SBV leader believes in healthier banking activities in coming time

Governor of the State Bank of Vietnam Le Minh Hung on November 17 continued taking part in lawmakers’ question-and-answer session, making clear issues relating to the baking system’s issues, including credit growth, debt rescheduling for storm victims, and credit institution restructuring.
Hanoi leader to fix all workers’ problems Society

Hanoi leader to fix all workers’ problems

Hanoi’s leader has promised to solve all issues in the daily lives of all workers in the city soon, including shortages of housing, cultural activities, kindergartens and medical centres at industrial zones.
HCM City speeds up low-income housing investment Society

HCM City speeds up low-income housing investment

The HCM City Department of Construction plans to speed up the granting of investment licenses for social housing projects and redress administrative procedures to provide housing to low-income residen
HCM City property rebounds Business

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.
Business

Housing credit package disbursement pushed forwards

Over 22,200 households have signed borrowing contracts worth 10.1 trillion VND (466 million USD) with commercial banks under the Government’s 30 trillion VND (1.4 billion USD) housing credit stimulus scheme, said Head of the Department of Housing and Real Estate Market Management Nguyen Manh Ha.
Business

Construction ministry seeks ODA for social housing projects

The Ministry of Construction (MoC) has proposed the Government to consider the pilot use of official development assistance (ODA) capital and concessional loans in social housing projects in order to make this type of accommodation more accessible to low-income people.
Society

Migrant workers need protection: official

Deputy Chairman of the National Assembly's Social Affairs Committee Bui Si Loi spoke with Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about safeguarding migrant labourers' rights.
Society

Housing loans prove hard to unlock

The Ho Chi Minh City People's Committee has directed district, commune and ward administrations to simplify procedures for home buyers in their respective localities.
Business

Lower inflation lifts stocks

Both national stock indices extended rises on February 25 after lower-than-expected inflation data was released following the Tet holiday and a rumour about the arrest of BIDV chairman proved to be false.