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August 15, 2024_ Vietnam Bank for Social Policies has announced an increase in the interest rate for loans for social housing purchases and home...
August 15, 2024_ Vietnam Bank for Social Policies has announced an increase in the interest rate for loans for social housing purchases and home renovations from 4.8% to 6.6% per annum. This change applies to both existing and new loans, impacting families seeking to access affordable housing. The rate increase could have a significant impact on people’s ability to obtain financing to improve their housing conditions, Việt Nam News reported. Vietnam Bank for Social Policies is a state-run financial institution that provides loans for social policies in the country.