THE GOVERNMENT
----
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----------
No. 134/2005/ND-CP
Hanoi, November 1, 2005
 
DECREE
ISSUING REGULATIONS ON CONTROL OF FOREIGN LOANS AND LOAN REPAYMENTS
THE GOVERNMENT
Pursuant to the Law on Organization of the Government dated 25 December 2001;
Pursuant to the Law on State Bank of Vietnam dated 12 December 1997 as amended on 17 June 2003;
Pursuant to the Law on Credit Institutions dated 12 December 1997 as amended on 15 June 2004;
On the proposal of the Minister of Finance;
DECREES:
Article 1. To issue with this Decree the Regulations on Control of Foreign Loans and Loan Repayments.
Article 2. This Decree shall be of full force and effect fifteen (15) days after the date of its publication in the Official/Gazette and shall replace Decree 90/1998/ND-CP of the Government dated 7 November 1998.
Article 3. The Minister of Finance, the Governor of the State Bank of Vietnam and the Minister of Planning and Investment shall be responsible for the implementation, guidance and inspection of the implementation of the Regulations on Control of Foreign Loans and Loan Repayments issued with this Decree.
Article 4. Ministers, ministerial equivalent bodies, heads of Government bodies, chairmen of peoples committees of provinces and cities under central authority and head of bodies concerned shall be responsible for implementation of this Decree.
 
 
FOR THE GOVERNMENT
PRIME MINISTER


Phan Van Khai
 
REGULATIONS
ON CONTROL OF FOREIGN LOANS AND LOAN REPAYMENTS
(Issued With Decree 134/2005/ND-CP of the Government dated 1 November 2005)
Chapter I
GENERAL PROVISIONS
Article 1. Governing scope
These Regulations regulate activities of borrowing and repayment of foreign loans and control of the foreign debt of Vietnam, with the exception of borrowing and repayment of foreign loans of residents being Vietnamese natural persons.
Click Download to see full text