New guidance for interest rate of state investment, export loans and the difference that enables debtors to be entitled to preferential interest rate at the post-investment stage

08/01/2015
Ministry of Finance has just issued Circular No. 189/2014/TT-BTC dated December 11, 2014 providing for interest rate of state investment, export loans and the difference that enables debtors to be entitled to preferential interest rate at the post-investment stage.

According to the new circular, interest rate of state investment loans in Vietnamese dong shall equal 9.6%/year, interest rate of state investment loans in Vietnamese dong shall equal 7.2%/year. Meanwhile, the difference that enables debtors to be entitled to preferential interest rate at the post-investment stage of their projects funded by these loans in Vietnamese dong shall equal 2.4%/year.   

The above interest rate of state investment, export loans shall be applied to amounts of state investment, export loans disbursed as from the effective date of this Circular.

This Circular will come into force from the signing date and replace the Circular No. 108/2014/TT-BTC dated August 11, 2013 on providing for interest rate of investment, export loans and difference that enables debtors to be entitled to preferential interest rate at the post-investment stage.