Tag: sustainable poverty reduction

Sacombank has been honored by the international card organization Mastercard with three consecutive prestigious awards, recognizing the bank's relentless efforts and outstanding achievements in promoting cashless payments, optimizing its card portfolio, and supporting Ho Chi Minh City's public transportation development strategy.

Nestled in the heart of Phuc Loi Ward, Hanoi, over 7.5 hectares of prime land have been allocated to Him Lam Joint Stock Company for the development of a strategically located social housing project. Adjacent to the prestigious Vihomes Riverside, this initiative promises to offer an ideal living space in one of the city’s most sought-after areas.

A household was allocated public land for agricultural purposes, subsequently selling it via a private agreement and obtaining a land use rights certificate (red book). When the local government initiated a public investment project, the household with the red book received nearly 4 billion VND in compensation for land clearance. The case raises concerns about potential state budget losses.