Circular No. 189/2014/TT-BTC stipulates the interest rate for state investment credit and export credit in Vietnamese dong, as well as the post-investment interest rate differential support level.

This Circular stipulates that the interest rate for state investment credit in Vietnamese dong is 9.6% per annum, the interest rate for state export credit in Vietnamese dong is 7.2% per annum, and the post-investment interest rate differential support level is 2.4% per annum.

文号189/2014/TT-BTC
文件类型Circular
发布机关Ministry of Finance
签署人Trần Xuân Hà — Thứ trưởng
更新24/06/2026
行业Finance
领域OtherBanking-Finance and Financial MarketsBonds
发布日期11/12/2014
生效日期11/12/2014
失效日期
状态In effect
✦ 智能摘要

This Circular stipulates that the interest rate for state investment credit in Vietnamese dong is 9.6% per annum, the interest rate for state export credit in Vietnamese dong is 7.2% per annum, and the post-investment interest rate differential support level is 2.4% per annum.

要点

  • Based on Government Decrees, this Circular stipulates that the interest rate for state investment credit in Vietnamese dong is 9.6% per annum.
  • The interest rate for state export credit in Vietnamese dong is stipulated to be 7.2% per annum.
  • The post-investment interest rate differential support level for projects borrowing in Vietnamese dong is 2.4% per annum.
  • The interest rate for state investment credit and export credit shall be applied from the date this Circular takes effect.
  • The post-investment interest rate differential support level shall be applied according to each repayment installment made by the project sponsor.

🌐 本文件的社会影响

  • Positive impact: Reducing the financial cost burden for investment and export projects, helping enterprises save on loan interest costs.
  • Negative impact: May reduce the income of development banks if the post-investment interest rate differential support level is lower than expected.

❓ 常见问题

What is the interest rate for investment credit?

The interest rate for state investment credit in Vietnamese dong is 9.6% per annum.

What is the interest rate for export credit?

The interest rate for state export credit in Vietnamese dong is 7.2% per annum.

What is the post-investment interest rate differential support level?

The post-investment interest rate differential support level for projects borrowing in Vietnamese dong is 2.4% per annum.

When does the interest rate apply?

The interest rate for state investment credit and export credit shall be applied from the date this Circular takes effect.

How is the post-investment interest rate differential support level applied?

The post-investment interest rate differential support level shall be applied according to each repayment installment made by the project sponsor to the lending institution.

全文

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 189/2014/TT-BTC
Hanoi, December 11, 2014

CIRCULAR

Regulations on interest rates for state investment credit and export credit and the level of interest rate differential to be calculated as post-investment support issuedThe State and the level of interest rate differential to be calculated as post-investment support

__________________ 

Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 75/2011/NĐ-CP dated August 30, 2011 of the Government on state investment credit and export credit;

At the request of the Chairman of the Management Council of the Vietnam Development Bank as stated in Circular No. 91/HĐQL dated November 6, 2014 regarding the adjustment of interest rates for state investment credit and export credit;

At the proposal of the Director of the Department of Banking and Financial Institutions;

The Minister of Finance hereby promulgates this Circular stipulating the interest rates for state investment credit and export credit and the level of interest rate differential to be calculated as post-investment support.

Article 1. The interest rate for state investment credit in Vietnamese dong is 9.6% per annum.

Article 2. The interest rate for state export credit in Vietnamese dong is 7.2% per annum.

Article 3. The level of interest rate differential to be calculated as post-investment support for projects borrowing in Vietnamese dong is 2.4% per annum.

Article 4. The interest rates for state investment credit and export credit stipulated in Article 1 and Article 2 of this Circular shall apply to disbursements of investment credit and export credit loans from the date this Circular takes effect; the level of interest rate differential to be calculated as post-investment support stipulated in Article 3 of this Circular shall apply according to each repayment by the project sponsor to the financial institution from the date this Circular takes effect.

Article 5. Effectiveness

1. This Circular takes effect from the date of signature.

2. This Circular replaces Circular No. 108/2014/TT-BTC dated August 11, 2014 on the regulations of interest rates for state investment credit and export credit and the level of interest rate differential to be calculated as post-investment support.

3. The Management Council, General Director of the Vietnam Development Bank, sponsors of projects borrowing investment credit and export credit from the State, and related units are responsible for implementing the provisions of this Circular.

In the course of implementation, if there are difficulties, organizations and individuals are requested to promptly report to the Ministry of Finance for consideration and resolution./.

DEPUTY MINISTER
DEPUTY MINISTER
(signed)
Tran Xuan Ha

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