Circular No. 21/2009/TT-NHNN dated October 09, 2009 of the State Bank on amendment, supplement of several articles of the Circular No. 05/2009/TT-NHNN dated 07 April 2009 of the State Bank of Vietnam, providing in details for the implementation of giving interest rate support to organizations, individuals that borrow medium, long term loans from banks to make new investments for production and business development

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Issuing body:	State Bank of Vietnam	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	21/2009/TT-NHNN	Signer:	Nguyen Dong Tien
Type:	Circular	Expiry date:	Updating
Issuing date:	09/10/2009	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Commerce - Advertising, Finance - Banking

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STATE BANK

OF VIETNAM

-----------------

No. 21/2009/TT-NHNN

SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom – Happiness

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Hanoi, 09 October 2009

CIRCULAR

ON AMENDMENT, SUPPLEMENT OF SEVERAL ARTICLES OF THE CIRCULAR NO. 05/2009/TT-NHNN DATED 07 APRIL 2009 OF THE STATE BANK OF VIETNAM, PROVIDING IN DETAILS FOR THE IMPLEMENTATION OF GIVING INTEREST RATE SUPPORT TO ORGANIZATIONS, INDIVIDUALS THAT BORROW MEDIUM, LONG TERM LOANS FROM BANKS TO MAKE NEW INVESTMENTS FOR PRODUCTION AND BUSINESS DEVELOPMENT

OF THE GOVERNOR OF THE STATE BANK

Pursuant to the Resolution No. 30/2008/NQ-CP dated 11 December 2008 of the Government on urgent solutions for preventing economic decline, maintaining economic growth, ensuring social security;

Pursuant to the Decision No. 443/QD-TTg dated 4 April 2009 of the Prime Minister on giving interest rate support to organizations, individuals that borrow medium, long term loans from banks to make new investments for production and business development;

The State Bank of Vietnam hereby amends, supplements several articles of the Circular No. 05/2009/TT-NHNN dated 7 April 2009 providing in details for the implementation of giving interest rate support to organizations, individuals that borrow medium, long term loans from banks to make new investments for production and business development as follows:

Article 1. To amend, supplement Article 2, 3, 4 of the Circular No. 05/2009/TT-NHNN as follows:

1. To amend, supplement Article 2 as follows:

a. Point a, paragraph 3 shall be amended, supplemented as follows:

“a. Loans of commercial banks, finance companies which are listed in accordance with provisions of the Regime on statistic reporting applicable to units of the State Bank of Vietnam and credit institutions, issued in conjunction with the Decision No. 477/2004/QD-NHNN dated 28 April 2004 of the Governor of the State Bank and the Decision No. 143TCTK/PPCD dated 22 December 1993, issued by the Director of the General Statistic Office on the issuance of the system of tier II, tier III and tier IV economic industries and the list of national economic industries, including:

- Agriculture and forestry;

- Aquaculture;

- Mining industry;

- Processing industry;

- Electricity, gas and water production and distribution industry;

- Construction industry; except for construction works: Works of construction of offices (buildings) for lease, the works of construction, repair of houses for sale and lease; works of construction to serve business-production activity belonging to economic industries, sectors which are not entitled to interest rate support;

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