REDUCE 2.4% INTEREST RATE OF INVESTMENT CREDIT
On June 25, 2012, the Ministry of Finance issued the Circular No. 104/2012/TT-BTC the interest rate on loan of the investment credit and export credit of the State and the difference of the interest rate calculated for support after investment.
Under this Circular, from June 25, the interest rate on loan of investment credit of the State in Vietnam dong is 12%/year, instead of 14.4% as previously, which reduces by 2.4%.
Besides, the interest rate on loan of the export credit of the State in Vietnam dong and the difference of the interest rate calculated for support after investment for the loan project in Vietnam dong is 14%/year and 2.4%/year respectively.
The interest rate on loan of the investment credit and export credit of the State and the difference of the interest rate is calculated for support after investment applies to the disbursements of the loan capital of the investment credit and export credit of the State from June 25, 2012.