This Circular stipulates that the interest rate for state investment credit loans and export credit loans shall be 14.4% per annum, and at the same time determines the level of interest rate differential for post-investment support to be 2.4% per annum. The interest rate shall apply from October 20, 2011, and take effect from February 15, 2012.
适用范围
General Director of the Vietnam Development Bank, the project sponsors of state investment credit loans and export credit loans, and related units.
要点
- The State provides investment credit and export credit loans in Vietnamese dong with an interest rate of 14.4% per annum.
- The State supports an interest rate differential of 2.4% per annum after investment.
- The interest rate applies from October 20, 2011.
- This Circular takes effect from February 15, 2012, and replaces Circular No. 203/2010/TT-BTC.
🌐 本文件的社会影响
- Positive impact: Reduces the financial burden on project sponsors through the level of interest rate differential for post-investment support.
- Negative impact: Increases borrowing costs for investment and export projects.
❓ 常见问题
What is the interest rate for state investment credit loans and export credit loans?
The interest rate for state investment credit loans and export credit loans in Vietnamese dong is 14.4% per annum (Article 1, Article 2).
What is the level of interest rate differential for post-investment support?
The level of interest rate differential to be calculated for post-investment support for projects borrowed in Vietnamese dong is 2.4% per annum (Article 3).
When does the interest rate apply?
The interest rate applies from October 20, 2011 (the date Decree No. 75/2011/NĐ-CP took effect) (Article 4).
When does this Circular take effect?
This Circular takes effect from February 15, 2012 (Article 5).
Who is responsible for implementing the provisions of this Circular?
The Management Board, General Director of the Vietnam Development Bank, project sponsors of state investment credit loans and export credit loans, and related units (Article 5).
全文
CIRCULAR
Regarding the interest rate for investment credit loans and export credit loans of
The State and the level of interest rate differential to be calculated as post-investment support
__________________________
Pursuant to Decree No. 118/2008/NĐ-CP dated November 27, 2008 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;
Pursuant to the directive of the Prime Minister in Document No. 8997/VPCP-KTTH dated December 19, 2011 of the Government Office on adjusting the interest rate for investment credit loans and export credit loans of the State;
In accordance with the proposal of the Vietnam Development Bank in Document No. 3701/NHPT-CĐKH dated October 18, 2011 on the interest rate for investment credit loans and export credit loans of the State;
The Ministry of Finance hereby stipulates the interest rate for investment credit loans and export credit loans of the State and the differential interest rate calculated for post-investment support as follows:
Article 1. The interest rate for investment credit loans of the State in Vietnamese dong is 14.4% per annum.
Article 2. The interest rate for export credit loans of the State in Vietnamese dong is 14.4% 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 rate for investment credit loans and export credit loans of the State and the differential interest rate calculated for post-investment support shall apply to credit contracts and post-investment support contracts signed and effective from October 20, 2011 (the date Decree No. 75/2011/NĐ-CP took effect).
Article 5. This Circular takes effect from February 15, 2012 and replaces Circular No. 203/2010/TT-BTC dated December 14, 2010 of the Ministry of Finance on the interest rate for investment credit loans and export credit loans of the State and the differential interest rate calculated for post-investment support.
The Management Board, General Director of the Vietnam Development Bank, principal investors of projects borrowing investment credit and export credit loans of the State, and related units are responsible for implementing the provisions of this Circular. Any difficulties encountered during implementation should be promptly reported to the Ministry of Finance for consideration and resolution.
Any difficulties encountered during implementation should be promptly reported to the Ministry of Finance for consideration and resolution./..
DEPUTY MINISTER
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