STATE BANK OF VIETNAM
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No. 1819/QD-NHNN
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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Hanoi, July 27, 2010
 
 
DECISION
ON THE BASE INTEREST RATE IN VIETNAMESE DONG
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THE GOVERNOR OF THE STATE BANK
 
Pursuant to the Law on the State Bank of Vietnam in 1997; the Law on the amendment, supplement of several Articles of the Law on the State Bank of Vietnam in 2003;
Pursuant to the Law on Credit Institutions in 1997; the Law on the amendment, supplement of several Articles of the Law on Credit Institutions in 2004;
Pursuant to the Decree No. 96/2008/ND-CP dated 26 August 2008 of the Government providing for the functions, duties, authorities and organizational structure of the State Bank of Vietnam;
Upon the proposal of the Director of the Monetary Policy Department,
 
 
DECIDES:
 
Article 1. To announce the base interest rate in Vietnamese Dong to be of 8.0% per annum.
Article 2. This Decision shall be effective from 01 August 2010 and replace the Decision No. 1565/QD-NHNN dated 24 June 2010 of the Governor of the State Bank on the base interest rate in Vietnamese Dong.

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