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Press Release

Updated: 2018-04-24 09:38:07

Experiences and knowledge exchange on housing finance

(VBSP News) On 18th April, VBSP held a workshop to share experiences on housing finance. Deputy General Director Nguyen Van Ly attended and chaired the workshop.

 Quang cảnh buổi tọa đàm

The knowledge exchange workshop on housing loan and savings

Attending the workshop were Mr. Le Ngoc Bao, Member of BOD - Head of Supervisory Board of VBSP; Deputy General Directors of VBSP; Mr. Michael Dorner - General Manager in charge of foreign markets; Mr. Rolf Stadel - Vietnam Project Manager of Bausparkasse Schwaebisch Hall AG (Housing bank of Germany); Directors, Deputy Directors of Departments at Head Office, Training Center, IT Center.

Speaking at the workshop, Deputy General Director Nguyen Van Ly affirmed: In recent years, VBSP has achieved great results in lending to poor households and policy beneficiaries which were acknowledged and appreciated by Vietnamese Government. Currently, VBSP is implementing the program of social housing under Decree No. 100/2015/ND-CP dated 20/10/2015 by the Government. This program is very meaningful as being the first housing policy of the Congress targeting poor, near poor and low income households in urban areas. This is a new program, so VBSP is also looking forward to working with Bausparkasse Schwaebisch Hall AG, a well-known credit institution in Germany that provides social housing loans.

At the seminar, Mr. Michael Dorner presented and introduced to VBSP the model of housing savings in German and its international experiences, legal system to protect depositors of housing savings as well as operation principles of the housing savings system and experiences of developing a German housing savings bank in China.

Finally, Mr. Michael Dorner expressed his desire to have the opportunity to cooperate with VBSP to learn and exchange experiences as VBSP start to implement the social housing loan program.




Poor Households

Lending to poor households 6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008 3,3%/year

Near Poor Households

Lending to near poor households 7,92%/year


Lending to disadvantaged students 6,6%/year

People in need of loans for job creation

Lending to business establishments owned by war invalids and handicapped persons 3,3%/year


Term Deposit Rate
Overnight 3,04%/year
1 week 3,23%/year
2 week 3,5%/year