"The results of implementing the 30,000 billion VND package are still very modest"

At a meeting with ministries and branches on the implementation of the 30,000 billion VND credit package for investors to build social housing and for low-income individuals to buy houses, which has been implemented for nearly 5 months, Deputy Prime Minister Hoang Trung Hai concluded: The results of the implementation of the 30,000 billion VND preferential support credit package are still very modest.

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According to reports from 55/63 localities, the total inventory value at housing development projects is more than 100,000 billion VND.

The State Bank said that the real estate credit situation has begun to change, lending in the real estate sector is changing more positively, banks have started lending again for urban area projects, offices, and home repairs. However, the implementation of the disbursement of the support package for social housing still faces many difficulties and obstacles.

After 5 months of implementation, the number of projects proposed for loans is 72, but only 7 projects have been approved with a total amount of 870 billion VND. For individuals, banks have committed to lending 939 customers with an amount of 325 billion VND.

According to VTV