Deputy Governor of SBV: Interest rates are falling

Deputy Governor of SBV: Interest rates are falling

VCN - With the current movements and directions on reducing interest rates, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha expressed his belief that the interest rate level will decrease soon.
Minister of Finance: Without controlling the maximum selling price, social housing to fall into the commercial channel

Minister of Finance: Without controlling the maximum selling price, social housing to fall into the commercial channel

VCN - Speaking at the group when discussing the Housing Law Project (amended), Minister of Finance Ho Duc Phoc emphasized that the State must decide on social housing and set the maximum price for investment businesses.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
The Ministry of Construction proposes solutions to reduce housing prices

The Ministry of Construction proposes solutions to reduce housing prices

The Ministry of Construction will report and propose solutions to the Government to increase the supply of social housing and low-priced commercial housing, reducing housing prices
Social housing paradox: High demand - low supply, why? –Part 3: "Gold" land not for social housing

Social housing paradox: High demand - low supply, why? –Part 3: "Gold" land not for social housing

VCN - While most commercial housing projects are implemented in urban or inner-city areas, a number of social housing projects are implemented in suburban areas, with some even very far from the center.
The social housing paradox: High demand - low supply, why? – Part 2: "Gold Mine" neglected?

The social housing paradox: High demand - low supply, why? – Part 2: "Gold Mine" neglected?

VCN- In order to develop social housing, the State has many preferential policies such as exemption from land use fees, land rent, 50% reduction in Value Added Tax and Corporate Income Tax, and support for building technical infrastructure.
The social housing paradox: High demand - low supply, why? –Part 1: Buying a social house: Like dry fields waiting for water!  There are policies, pri

The social housing paradox: High demand - low supply, why? –Part 1: Buying a social house: Like dry fields waiting for water! There are policies, pri

VCN- According to this employee, in case the lottery is not in accordance with the original commitment, the customer will be compensated the corresponding difference.
Experts say addressing social housing bottlenecks a top priority

Experts say addressing social housing bottlenecks a top priority

Bottlenecks in social housing projects have once again become a controversial issue amid a rapid rate of urbanization and an increasingly high demand for affordable housing, a workshop in Hanoi heard on January 23.
Ho Chi Minh City: Creating motivation for social housing development

Ho Chi Minh City: Creating motivation for social housing development

VCN- To address the huge demand for housing for low-income people, HCMC has been aggressively deploying many solutions to create incentives for the development of social housing projects.
Social housing is subject to property tax exemption

Social housing is subject to property tax exemption

VCN - At the proposal to draft a property tax law is being submitted for comments, the Ministry of Finance has proposed many cases of tax exemption and reduction.
Advanced real estate will meet obstacles due to decline in purchasing power

Advanced real estate will meet obstacles due to decline in purchasing power

VCN – Specialist Huynh Anh Dung, Advanced lecturer of Council of Residential Specialists (USA) talked with the Customsnews on issues relating to the real estate market in 2017
Social housing: retardation as "entangled"

Social housing: retardation as "entangled"

VCN- It is a correct policy of the Government and had close direction, but the development of social housing has many limitations. The actual implementation of this policy shows that the barriers have made investors reluctant to participate which has caus
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