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Statistics
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- Official Dispatches (1314)
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THE
PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No:
58/2001/QD-TTg
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Hanoi, April 24, 2001
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DECISION ON
POST-INVESTMENT INTEREST RATE SUPPORT THE PRIME MINISTER Pursuant to the Law on Organization of the
Government of September 30, 1992;
Pursuant to the Governments Resolution No. 11/2000/NQ-CP of July 31, 2000 on a
number of solutions to administer the plan for socio-economic development in
the last six months of 2000;
Pursuant to the Governments Decree No. 43/1999/ND-CP on the States development
investment credits;
At the proposal of the Minister of Finance, DECIDES: Article 1.- The levels of
post-investment interest rate support shall be determined as follows: 1. For capital loans in Vietnam Dong, the annual
level of post-investment interest rate support of projects shall be calculated
by immature debt principals actually paid in the year multiplied (x) by 50% of
interest rate of the States development investment credit, multiplied (x) by
actual borrowing time (on early basis) for debt principals entitled to interest
rate support. The maximum duration of post-investment interest
rate support shall be equal to the duration prescribed for projects borrowing
the States development investment credit capital. ... ... ... Please sign up or sign in to your Pro Membership to see English documents. - The post-investment interest rate support
levels shall be calculated according to provisions in Clause 1, Article 1 of
this Decision, - The interest rates on foreign currency loans
used for post-investment interest rate support shall be determined as equal to
70% of foreign currency loan interest rate of credit institutions. - The foreign currency loan interest rates of
credit institutions used for considering the post-investment interest rate
support shall, at most, be equal to the foreign currency loan interest rates
announced by Vietnam State Bank at the time of capital borrowing. Article 2.- This Decision
takes effect after its signing. For projects given post-investment interest rate
support by Development Support Fund before the effective date of this Decision,
the calculation of interest rate support levels from 2001 on shall also comply
with this Decision. The Minister of Finance shall coordinate with
the Development Assistance Fund in guiding the implementation of this Decision. The ministers, the heads of the
ministerial-level agencies, the heads of the agencies attached to the
Government and the presidents of the Peoples Committees of the provinces and
centrally-run cities, the General Director of Development Assistance Fund shall
have to implement this Decision. ... ... ... Please sign up or sign in to your Pro Membership to see English documents.
Decision No.58/2001/QD-TTg, on post-investment interest rate support, promulgated by the Prime Minister of Government
Official number:
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58/2001/QD-TTg
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Legislation Type:
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Decision
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Organization:
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The Prime Minister of Government
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Signer:
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Nguyen Tan Dung
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Issued Date:
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24/04/2001
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Effective Date:
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Premium
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Gazette dated:
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Updating
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Gazette number:
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Updating
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Effect:
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Premium
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Decision No.58/2001/QD-TTg, on post-investment interest rate support, promulgated by the Prime Minister of Government
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Address:
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17 Nguyen Gia Thieu street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam.
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Phone:
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info@ThuVienPhapLuat.vn
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