| THE GOVERNMENT ---------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness -------------- |
| No. 106/2004/ND-CP | Hanoi, April 1, 2004 |
DECREE
ON THE STATE'S DEVELOPMENT INVESTMENT CREDITS
THE GOVERNMENT
Pursuant to the Law on Organization of the Government of December 25, 2001;
Pursuant to the Domestic Investment Promotion Law (amended) of May 20, 1998;
Pursuant to the State Budget Law of December 16, 2002;
At the proposal of the Minister of Finance,
DECREES:
Chapter I
GENERAL PROVISIONS
Article 1.- Purpose of the State's development investment credits
The purpose of the State's development investment credits is to support development investment projects of different economic sectors in some key branches and domains and large economic programs directly conducive the economic restructuring and promoting sustainable economic growth.
Article 2.- Regulation scope
This Decree prescribes the State's development investment credit policies, including:
1. Investment loans and loans provided to projects under the Government's agreements.
2. Post-investment interest-rate support.
3. Investment credit underwriting.
Article 3.- Principles of the State's development investment credits
1. To support investment projects being capable of directly recovering capital in some key branches and domains and large economic programs with socio-economic efficiency, ensuring the repayment of loan capital.
2. A project may concurrently enjoy support in forms of partial investment loan and post-investment interest rate support; or concurrently provided with partial investment loans and investment credit underwriting.
