The house project of Mr. Lam Cong Ngoc (born in 1986) and his wife in Nam Dong Ha ward is gradually entering the completion stage. It is expected that before the Lunar New Year of Binh Ngo, the whole family will be able to move into their new house. Just thinking about that, Mr. Ngoc feels very happy. After nearly 10 years of renting, going through many hardships when the whole family was crowded in a small room, he and his wife have dreamed of a solid house that they own.
In early 2025, through the media and friends, Mr. Ngoc learned about the social housing loan program of the Vietnam Bank for Social Policies. Under the guidance of bank staff, he quickly completed the application and received a disbursement of 500 million VND.
“My house has a total area of 75 square meters, 2 floors with full functions. When we built the house, my wife and I were very happy, my children were very happy, and we kept telling our friends about our new house. Truly, if it weren't for the preferential capital from Dong Ha Social Policy Bank, we don't know when we would have been able to complete this house. In addition to the timely capital, the interest rate of 5.4%/year for 20 years also helps my wife and I reduce the pressure of paying off the debt,” Ngoc confided.
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| Thanks to preferential capital, Mr. Ngoc's family had the opportunity to realize their dream of settling down - Photo: TP |
The family members of Ms. Hoang Thi Ngoc Hanh (born 1981), in Dong Hoi ward, also felt joy when moving into their new home. Previously, she and her husband lived with her parents. After many years of hard work and saving, they bought a piece of land but did not have the conditions to build a house.
Luckily, they learned about the social housing loan program of the Social Policy Bank from friends and colleagues who had borrowed money, so they discussed it and decided to register. Ms. Hanh is an official and is eligible to borrow money from the social housing loan program according to Decree No. 100/2024/ND-CP. After completing the procedures, the Provincial Social Policy Bank disbursed 600 million VND for Ms. Hanh and her husband to complete their dream house.
“With our current salary, we don’t know when we will be able to build a decent house. But with the support from the Provincial Social Policy Bank, our seemingly far-fetched dream has become a reality. With low interest rates and long-term loans, my husband and I have enough financial capacity each month to gradually pay off the principal and interest on the loan,” Ms. Hanh shared.
Since its implementation, the social housing loan program of the Provincial Social Policy Bank has attracted a lot of attention from the people. Up to now, the program in Quang Tri province has reached 3,971 customers with a total outstanding loan balance of 1,300 billion VND.
Not only policy subjects such as people with revolutionary contributions, martyrs' relatives, but many other subjects also benefit from this loan program, such as: Officers, professional soldiers, non-commissioned officers of the people's armed forces; workers, defense officials currently serving in the army, people working in cryptography, people working in other positions in cryptography organizations receiving salaries from the state budget; cadres, civil servants, public employees; low-income people in urban areas; workers, laborers working at enterprises, cooperatives, cooperative unions inside and outside industrial parks; poor and near-poor households, in rural areas, urban areas, rural areas in areas regularly affected by natural disasters, climate change...
The social housing loan program not only ensures social security but also has a spillover effect on many related industries, such as: Construction, materials, interior design, finance, banking, etc., contributing to stimulating consumption, creating jobs and promoting economic growth. In particular, from October 10, 2025, the preferential loan interest rate for buying and renting social housing is regulated to be reduced from 6.6%/year to 5.4%/year, helping this humane program spread more strongly throughout society.
Promoting the achieved results, the Provincial Social Policy Bank continues to direct its affiliated units to coordinate with socio- political organizations to promote propaganda on preferential credit programs, especially social housing loan programs for low-income people. At the same time, statistics, review, and supplement beneficiaries who can access loan capital to develop production and improve their lives; focus on prioritizing loan capital for programs such as: Poor households, near-poor households, newly escaped poverty households, job creation, etc.
According to Director of the Provincial Social Policy Bank Tran Duc Xuan Huong, the social housing loan program has practical significance, contributing to solving the housing problem for people. The capital helps families realize their dream of settling down, thereby improving the quality of life and contributing more positively to the overall development.
“In the coming time, we will continue to promote solutions to effectively implement the preferential credit program according to Decree No. 100/2024/ND-CP, dated July 26, 2024 of the Government, giving priority to those in urgent need, ensuring that capital reaches the right subjects and is used for the right purposes. We are committed to creating the most favorable conditions for people to access loans with public, transparent and regulated procedures,” said Ms. Huong.
Truc Phuong
Source: https://baoquangtri.vn/xa-hoi/202511/gop-suc-hoan-thien-giac-mo-an-cu-cho-nguoi-thu-nhap-thap-d66011c/
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