The Government issued Decree No. 133/2013/ND-CP dated October 17, 2013 on amending and supplementing 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.
The Decree amend and supplement item 2 Clause 2 Article 1 of the Decree No. 54/2013/ND-CP. Accordingly, it prolongs maximally the loaning duration up to 36 months (maximum total loaning times is 36 months) for loans of state’s export credit for export headings being coffee and cashew nuts processed vegetables, fruits and aquatic products and required with conditions which enterprises get loss in 2011 and 2012 or fail to balance funding source to pay debts in accordance with credit contracts already signed with the Vietnam Development Bank.
The Decree takes effect on October 18, 2013.