What is the interest rate for workers to borrow the 120,000 billion VND package to buy social housing?

The Ministry of Construction has just issued Official Dispatch 1551 in 2023 providing guidance on determining the list of projects, subjects, conditions, and criteria for borrowing the VND 120,000 billion credit package to develop social housing, workers' housing, and renovate and rebuild apartments.
This is the result of the Prime Minister's strong direction on the policy of approving the investment project to build at least 1 million social housing apartments for low-income people and industrial park workers in the period of 2021 - 2030.
So who can buy social housing with this loan package? What are the conditions and criteria for borrowing the VND 120,000 billion credit package? What is the preferential interest rate when borrowing money to buy social housing?

Ms. Vu Thuy Trang - Deputy Director of YouMe Law Firm informs you through the Legal Consulting program of Lao Dong Newspaper