Continued Deployment of the VND 30,000 Billion Support Package

11:57, 11/07/2024

This is one of the important prominent contents in Resolution 23/NQ-CP issued on March 30, 2016.

To be specific:, the Government of Vietnam requests the State Bank of Vietnam to continue implementing the 30,000 billion VND housing loan package as per Resolution 02/ND-CP dated January 7, 2013 with preferential interest rates until the funds are fully disbursed.

At the same time, it is required to continue effectively implementing credit programs aimed at expanding credit while ensuring safety, improving credit quality, and facilitating easy access to bank capital.

The comprehensive restructuring of the entire system of credit institutions and resolving bad debts should be accelerated.

Additionally, the Government of Vietnam also requests the Ministry of Construction to take the lead, cooperate with the Ministry of Planning and Investment, the Ministry of Finance, and the State Bank of Vietnam to organize the implementation of policies supporting social housing development as stipulated in the Housing Law and the Decree on the development and management of social housing.

More details can be found in Resolution 23/ND-CP dated March 30, 2016.

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