| THE STATE BANK ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ------------ |
| No: 343/2003/QD-NHNN | Hanoi, April 10, 2003 |
DECISION
AMENDING AND SUPPLEMENTING ARTICLE 1 OF THE STATE BANK GOVERNOR'S DECISION NO. 418/2000/QD-NHNN7 OF SEPTEMBER 21, 2000 ON SUBJECTS ENTITLED TO FOREIGN CURRENCY LOANS FROM CREDIT INSTITUTIONS
THE STATE BANK GOVERNOR
Pursuant to the Vietnam State Bank Law and the Credit Institution Law of December 12, 1997;
Pursuant to the Government's Decree No. 86/2002/ND-CP of November 5, 2002 defining the functions, tasks, powers and organizational structures of the ministries and ministerial-level agencies;
Pursuant to the Government's Decree No. 63/1998/ND-CP of August 17, 1998 on foreign exchange management and Decree No. 05/2001/ND-CP of January 17, 2001 amending and supplementing a number of articles of the Government's Decree No. 63/1998/ND-CP of August 17, 1998 on foreign exchange management;
At the proposal of the director of the Department for Monetary Policies,
DECIDES:
Article 1.- To amend and supplement Article 1 of the State Bank Governor's Decision No. 418/2000/QD-NHNN7 of September 21, 2000 on subjects entitled to foreign currency loans from credit institutions as follows:
"Article 1.- Credit institutions licensed to conduct foreign exchange operations shall consider and decide to provide foreign currency loans for customers being residents to meet the following capital demands:
1. Payment to foreign parties for the import of goods and/or services in service of customers' production and business activities;
2. Execution of investment projects, plans on production and trading of export goods and services; production and business capital demands of customers that have or have no foreign currency revenue sources on the Vietnamese territory, but have the right to purchase foreign currencies for repayment of loan debts according to the provisions of the legislation on foreign exchange management;
