Vietnamese localities to approve social housing projects eligible for $5.1bn credit pac

The Vietnamese government last month assigned the State Bank of Vietnam to deploy the credit package for developing social housing projects and upgrading deteriorating apartment buildings. Policies for social housing projects are expected to take effect as soon as being passed by the National Assembly at its sixth sitting in October, Sinh said. In Ho Chi Minh City, over 80 percent of the 180 surveyed housing projects were found to face bottlenecks. Policies for social housing projects are expected to take effect as soon as being passed by the National Assembly at its sixth sitting in October, Sinh said. In Ho Chi Minh City, over 80 percent of the 180 surveyed housing projects were found to face bottlenecks.