“The Ministry of Construction also requested the State Bank to guide and direct credit institutions to lend and disburse quickly to eligible businesses and real estate projects in accordance with the provisions of law; give priority to lending to projects of social housing, worker housing, low-cost commercial housing and other types of real estate for production and social security purposes with high efficiency, ability to repay debt,” said Deputy Minister Nguyen Van Sinh.
Deputy Minister Nguyen Van Sinh added that the Ministry of Construction is a member of the Prime Minister’s Working Group on real estate and has made recommendations to localities. Besides, the real estate market needs “capital” like oxygen and if it is not pumped in time, it will be difficult to recover.
It is known that by the end of 2022, the Ministry of Construction has guided many businesses to restructure their products and sell off projects to create capital flows for the next projects.
Also talking to PV Tien Phong on the afternoon of February 7, Mr. Le Hoang Chau – Chairman of Ho Chi Minh City Real Estate Association – said that he attended the meeting with the State Bank tomorrow morning. Mr. Chau represents real estate businesses and will have specific recommendations.
Meanwhile, Mr. Nguyen Van Dinh – Chairman of Vietnam Real Estate Brokers Association – informed that he will attend the meeting on the morning of February 8 of the SBV and said that the meeting is very important for businesses as well as the whole market. real estate.
“I think that the real estate market at this time needs capital for necessary projects of society, important projects with minimal needs of the people. Therefore, from businesses to people waiting for banks to open a new credit room,” Dinh said.
During the press conference to deploy the banking industry’s tasks in 2023 held at the end of 2022, SBV Deputy Governor Dao Minh Tu affirmed that in the near future there will be forums on real estate credit to clarify the responsibilities of the industry. banks, real estate management agencies, enterprises implementing projects… how to develop a healthy and stable market without freezing.
Also a member of the Prime Minister’s Working Group on Real Estate, Deputy Governor Dao Minh Tu informed that he had directly (with the working group) surveyed, researched and analyzed in localities and clearly saw that many problems faced by real estate businesses. The working group realized that the authorities must strengthen their responsibilities and the enterprises themselves must also have solutions.
At the regular Government meeting with localities in January, Prime Minister Pham Minh Chinh also requested to continue to remove difficulties for the real estate market, identifying this as a bottleneck that needs to be solved to remove difficulties. difficult for many related sectors, such as corporate bonds. The Prime Minister emphasized that a meeting must be held on removing difficulties for the real estate market in February.