MINISTRY OF FINANCE
SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom - Happiness
No. 291/QD-BTC
Hanoi, February 12, 2009
 
DECISION
PROMULGATING INTEREST RATES OF STATE EXPORT AND INVESTMENT CREDIT LOANS AND INTEREST RATE DIFFERENCE FOR CALCULATING POST-INVESTMENT ASSISTANCE
THE MINISTER OF FINANCE
Pursuant to Decree 118/2008/ND-CP of the Government dated 27 November 2008 on the functions, duties, powers and organizational structure of the Ministry of Finance;
Pursuant to Decree 151/2006/ND-CP of the Government dated 20 December 2006 on State export credit loans and State investment credit loans as amended by Decree 106-2008-ND-CP of the Government dated 19 September 2008;
Pursuant to Decree 106/2008/ND-CP of the Government dated 19 September 2008 amending Decree 151/2006/ND-CP of the Government dated 20 December 2006 mentioned above;
Pursuant to Resolution 30/2008/NQ-CP of the Government dated 11 December 2008 on urgent solutions for alleviating the economic downturn by preserving economic growth and ensuring the welfare of society;
Pursuant to Circular 69/2007/TT-BTC of the Ministry of Finance dated 25 June 2007 with guidelines on the above-mentioned Decree 151-2006-ND-CP;
Pursuant to Circular 16/2009/TT-BTC of the Ministry of Finance dated 22 January 2009 with further guidelines on the above-mentioned Circular 69-2007-TT-BTC and Decree 151-2006-ND-CP;
On the proposal of the Director of the Department of Finances of Banks and Financial Institutions;
DECIDES
Article 1. The interest rate of State investment and State export credit loans denominated in Vietnamese dong shall be 6.9% (six point nine per cent) per annum, and for loans denominated in a convertible foreign currency shall be 5.4% (five point four per cent) per annum.
Article 2. The interest rate difference for calculating post-investment assistance applicable to loan projects denominated in Vietnamese dong shall be 2.1% (two point one per cent) per annum, and for loan projects denominated in a foreign currency shall be 0.6% (zero point six per cent) per annum.