Decision No. 75/2007/QD-BTC stipulates the interest rates for state investment credit and export credit, as well as the level of interest rate differential for post-investment support. The interest rates apply to specific projects with difficult socio-economic conditions.
Đối tượng áp dụng
The General Director of the Vietnam Development Bank, the investor of projects borrowing state investment credit and export credit.
Các điểm cốt lõi
- State investment credit loans in Vietnamese dong are at an interest rate of 9.0%/year, convertible foreign currency at 7.5%/year; for specific projects with difficult socio-economic conditions, the interest rate is reduced to 8.4%/year (Vietnamese dong) and 6.9%/year (convertible foreign currency).
- The interest rate for state export credit loans in Vietnamese dong is 8.7%/year, convertible foreign currency at 6.9%/year.
- The level of interest rate differential to be calculated for post-investment support is 3.9%/year and applies to contracts signed with the Vietnam Development Bank from January 16, 2007.
🌐 Tác động xã hội từ văn bản này
- Positive impact: Reduces financial burden for investment projects with difficult socio-economic conditions, encourages investment in rural areas and remote regions.
- Negative impact: May cause unfairness among borrowers if the general interest rate is higher than the preferential interest rate for projects with difficult socio-economic conditions.
❓ Câu hỏi thường gặp
What is the interest rate for state investment credit?
The interest rate for state investment credit loans in Vietnamese dong is 9.0%/year and in convertible foreign currency is 7.5%/year. For projects with difficult socio-economic conditions, the interest rate is reduced to 8.4%/year (Vietnamese dong) and 6.9%/year (convertible foreign currency).
What is the interest rate for state export credit?
The interest rate for state export credit loans in Vietnamese dong is 8.7%/year and in convertible foreign currency is 6.9%/year.
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 is 3.9%/year and applies to contracts signed with the Vietnam Development Bank from January 16, 2007.
When does this decision take effect?
This decision takes effect 15 days after its publication in the Official Gazette and revokes Decision No. 08/2007/QD-BTC.
To which projects are the interest rates applied?
Preferential interest rates apply to projects constructing economic and social infrastructure; agricultural development and rural development projects; investment projects in areas with difficult socio-economic conditions, particularly extremely difficult conditions; projects in areas where the Khmer ethnic group resides concentratedly, communes under Program 135, and border communes under Program 120, and coastal communes.
Toàn văn
Article 1. Interest rate for state investment credit loans.
1. The interest rate for state investment credit loans in Vietnamese dong is 9.0% per annum, and in freely convertible foreign currency is 7.5% per annum.
2. For projects constructing economic and social infrastructure; agricultural development and rural development projects; investment projects in areas with difficult socio-economic conditions, particularly extremely difficult conditions; projects in areas where Khmer ethnic groups live concentrated, villages under Program 135, and border villages under Program 120, coastal villages, the interest rate for state investment credit loans in Vietnamese dong is 8.4% per annum, and in freely convertible foreign currency is 6.9% per annum.
Article 2. The interest rate for state export credit loans in Vietnamese dong is 8.7% per annum, and in freely convertible foreign currency is 6.9% per annum.
Article 3. The differential interest rate calculated to support post-investment is 3.9% per annum and applies to post-investment support contracts signed with the Vietnam Development Bank from January 16, 2007.
Article 4. This Decision takes effect 15 days after its publication in the Official Gazette and revokes Decision No. 08/2007/QT-BTC dated March 2, 2007 of the Minister of Finance on the interest rate for state investment credit and export credit loans.
The Chairman of the Management Board, General Director of the Vietnam Development Bank, and investors of state investment credit and export credit loan projects are responsible for implementing this Decision./.
DEPUTY MINISTER
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