21/01/2016 18:09 GMT+7 Email Print Like 0

Vietinbank signs social housing credit deal

Hanoi , January 21 (VNA) – The Vietnam Industrial Bank (Vietinbank) has agreed to provide funding worth 900 billion VND (40.18 million USD) for the Vesta social housing project in Hanoi .

The deal was signed between the bank and the Hai Phat Investment Joint Stock Company – the project investor in Hanoi on January 21.

The Vesta social housing project, also known as the Phu Lam residential project, will be built on a 4.5 hectare site in Ha Dong district.

The project, worth 2.3 trillion VND (102.68 million USD) will offer 1,902 apartments ranging between 48-69 square metres.

Customers who buy apartments in the project will also have access to other modern facilities in the complex as well as the Government’s 30-trillion-VND (1.34 billion USD) low-interest rate credit package./.