The State bank to extend the 30 trillion VND loan stimulus package

by VTV424 March 2016 Last updated at 14:32 PM

State Bank (Photo: Wikipedia)

VTV.vn - The State Bank of Vietnam has recently proposed that the government extend disbursement of the 30 trillion VND stimulus package to support housing for people with average or low incomes.

Lower earners will continue to enjoy subsidised interest rates when they borrow money to buy or repair houses until the programme completely releases the entire 30 trillion VND.

For further support, the State Bank also issued Circular 25 and asked the Vietnam Bank for Social Policies to actively support those who have not received preferential loans from the 30 trillion programme. According to statistics, 46,246 customers have so far borrowed money valued at 21,321 billion VND.