Decree No. 133/2013/ND-CP dated October 17, 2013 of the Government on amending and supplementing the Decree No. 54/2013/ND-CP DATED MAY 22, 2013 and on supplementing the Government’s Decree No. 75/2011/ND-CP dated August 30, 2013 on State’s investment credit and export credit

THE GOVERNMENT

Decree No.133/2013/ND-CP dated October 17, 2013 of the Government on amending and supplementing the Decree No. 54/2013/ND-CP DATED MAY 22, 2013 and on supplementing the Government’s Decree No. 75/2011/ND-CP dated August 30, 2013 on State’s investment credit and export credit

Pursuant to the Law on Government organization dated December 25, 2001;

Pursuant to the Law on State budget dated December 16, 2002;

Pursuant to the Law on investment, dated November 29, 2005;

Pursuant to the Law on credit institutions dated June 16, 2010;

At the proposal of Minister of Finance;

The Government promulgates the Decree amending and supplementing the Decree No. 54/2013/ND-CP dated May 22, 2013, on state’s investment credit and export credit, 

Article 1.To amend and supplement item 2, Clause 2, Article 1 of the Decree No. 54/2013/ND-CP dated May 22, 2013, on supplementing the Government’s Decree No. 75/2011/ND-CP dated August 30, 2011 on state’s investment credit and export credit as follows:

“2. Prolonging the loaning duration up to maximum 36 months (Total loaning schedule is maximum 36 months) for loans of state’s export credit applied to export headings being coffee and processedcashew nuts,  vegetables, fruits and aquatic products and under conditions that enterprises suffer from loss in 2011 and 2012, failing to balance funding source to pay debts in accordance with credit contracts already signed with the Vietnam Development Bank”.

Article 2.This Decree takes effect on October 18, 2013.

Article 3.Ministers, heads of ministerial-level agencies, heads of government-attached agencies, chairpersons of provincial-level People s Committees, and the Chairman of the Management Council and the Director General of the Vietnam Development Bank shall implement this Decree.

On behalf of the Government

Prime Minister

Nguyen Tan Dung