Banking sector donates 3.1 million USD to housing programme
Since April 2024, the banking sector has committed a total of 1.36 trillion VND to the programme. Of this amount, 1.1 trillion VND has already been disbursed, while the remaining funds will be released following the issuance of allocation guidelines by the Ministry of Ethnic and Religious Affairs (180 billion VND) and the submission of complete documents by localities (85 billion VND).
President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien receives the token of 82 billion VND from Governor of the State Bank of Vietnam Nguyen Thi Hong. (Photo: VNA)
Hanoi (VNA)🅘 – President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien on July 14 received a donation of 82 billion VND (approximately 3.1 million USD) from the banking sector in support of the national emulation campaign to eliminate makeshift and dilapidated houses in 2025.
Since April 2024, the banking sector has committed a total of 1.36 trillion VND to the programme. Of this amount, 1.1 trillion VND has already been disbursed, while the remaining funds will be released following the issuance of allocation guidelines by the Ministry of Ethnic and Religious Affairs (180 billion VND) and the submission of complete documents by localities (85 billion VND).
Earlier this year, Prime Minister Pham Minh Chinh launched a 350-day nationwide peak campaign aimed at eradicating substandard houses, calling on administrations at all levels, sectors, and localities to actively implement the programme.
At the donation ceremony, Governor of the State Bank of Vietnam Nguyen Thi Hong said the Vietnam Banking Trade Union had initiated a movement encouraging all employees to contribute at least one day’s salary. As a result, 82 billion VND was raised, enough to build 1,366 new houses, each supported with 60 million VND, surpassing the original target by 36.6%.
Expressing his sincere thanks for the solidarity and generosity of the banking sector's staff, Chien affirmed that the donated funds will be used effectively, for the intended purposes, and will reach the right beneficiaries. /.
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Over the past three months, the province completed the construction of 579 houses, beating the timeline set by the provincial steering committee for eliminating substandard houses by 45 days.
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