| dc.description.abstract | Over the past decade, accompanying with amazing economic growth and real estate market expansion, Vietnam mortgage markets have developed from a fairly primitive form to a rich and complex institution. Mortgage markets are no longer only a place in which borrowers meets lenders for the purpose of financing real estate transactions, but an arena in which innovative financial instruments exchange hands in huge masses on a daily basis, where banks are compelled to tightly manage the associated risk, where governments are often highly involved and use the ground for implementing and promoting their social and economic policies, etc.
Mortgage loan plays important role in satisfy demand “to live and work in peace and contentment”. Base on GDP per capita of Vietnamese today, and price of house/land,
it is nearly impossible for middle and low income people, especially for young people to buy a house. If they do not have a place to live, they cannot pay attention on working. So,
banks and Government should help these people to solve their essential need. | en_US |
