Legal Updates 6

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Circular No. 09/2013/TTBTC amending the Circular No. 104/2012/TT-BTC

The Ministry of Finance issued the Circular No. 09/2013/TTBTC amending the Circular No. 104/2012/TT-BTC, of June 25, 2012 of the Ministry of Finance, providing interest rates of the state investment credit, export credit loans and the interest rate difference eligible for post-investment supports. Accordingly, from January 17, the interest rate of state export credit loans for Vietnam-dong is reduced from 11,4%/year to 10.2%/year, which is reduced by 1,2% compared with the previous regulations. Besides, the interest rate on loan of investment credit of the State in Vietnam dong is still kept at the same rate at 12%/year. The difference of the interest rate calculated for support after investment for the loan project in Vietnam dong is still at 2,4%/year.

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