On Monday in Ha Noi, the Viet Nam Bank for Agriculture and Rural Development (Agribank) pledged to give loans to 10 social housing developers nationwide, involving 13 projects and a total of 6,644 billion VND.

Amongst the beneficiaries are the Duc Manh Investment JSC and the 579 Construction and Investment JSC in Da Nang.  They will have access to a credit package from the bank’s lending programme worth 488 billion VND.

The Deputy General Director of the Duc Manh Investment JSC, Mr Dam Quang Viet, said that his company will use the loan to implement the 2nd stage of its Blue House project, and initiate others in the districts of Son Tra, Thanh Khe, Lien Chieu and Ngu Hanh Son.