14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Vietnamese banking sector donates $3.2 million for national home renovation

Khanh Van

Jul 15, 2025 / 04:36 PM

These contributions reflect the banking sector’s social responsibility, especially in helping to eliminate unsafe and makeshift housing.

THE HANOI TIMES — The Vietnam Fatherland Front received VND82 billion (US$3.2 million) from banking workers on July 14 to support a national program replacing dilapidated and makeshift houses.

The funds will be used to build nearly 1,400 new houses, each receiving VND60 million (US$2,350). This donation will help meet the prime minister's directive to eliminate unsafe housing nationwide by August 31, 2025.

Hình ảnh 1 — The Vietnam Fatherland Front receives financial support from the banking sector. Photo: State Bank of Vietnam

Earlier, on April 13, 2024, the banking sector donated VND220 billion (US$8.5 million) at the launch of the makeshift housing elimination campaign in the former northern province of Hoa Binh.

The sector also pledged VND1 trillion (US$38.5 million) and provided an additional VND145 billion (US$5.6 million) to support the eradication of unsafe housing in communities nationwide.

"When each person lends a hand and each family shares a little, a new house becomes not just a shelter, but a symbol of care and community support," said Nguyen Thi Hong, Governor of the State Bank of Vietnam.

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