Sacombank has launched a preferential credit package worth VNĐ40 trillion(US$1.5 billion) offering interest rates starting from just 4.3 per cent per year to support both individuals and businesses in realising key financial plans, especially in the second half of the year.
Vingroup and Techcombank have proposed a new social housing credit package with a fixed 4.8 per cent interest rate for the first five years, a 30-year loan term and loans covering up to 100 per cent of the purchase price.
Sacombank has added an additional VND10 trillion (US$431.18 million) to its preferential credit package for individual customers to meet both business and living needs to help restore production and stabilise their lives after the COVID-19 pandemic.
The real estate market has experienced several so-called fever periods in recent years, pushing up property prices to a level that is unaffordable for people with low or modest incomes.
The Ministry of Industry and Trade (MoIT) has proposed a VNĐ100 trillion (US$4.31 billion) preferential credit package for the development of the country’s support industry.
The Bank for Foreign Trade of Viet Nam (Vietcombank) on Wednesday committed to setting aside a preferential credit package worth VND30 trillion (US$1.3 billion) for the health sector.